Tag Archives: out-of-court

SP Ausnet to Black Saturday to dollars

Around this time last year, I wrote a post about the houses lost to fire here in Warrandyte, and the possible role SP Ausnet had played in those losses.

marysville fire picAt the time, even I felt as if I was doing a bit of conspiracy theorizing. Today, however, I know I was spot on the money because it was just announced on the media that the third, Black Saturday compensation claim against SP Ausnet has been settled out of court. This particular compensation case referred to the township of Marysville [see photo to the left].

Apparently all three Black Saturday compensation cases concerned some kind of equipment failure. The equipment was/is owned by SP Ausnet, and the utilities company has denied all liability. BUT. Counting the three, separate compensation cases, the company has agreed to a total of $648 million dollars in out of court compensation payments.

At some point I expect to hear that the families involved in last year’s Warrandyte fire will also receive hush money from SP Ausnet.

To be honest, I consider that $648 million to be cheap. The survivors whose lives were smashed by the Black Saturday fires will receive approximately 60% compensation for their losses. 60%. Think about that. Where is the compensation for living the rest of your life with nightmares?

And what of the rest of us? If the worst bushfire in Victorian history was caused by equipment failure, and possible negligence, then what hope do we have that the same perfect storm of events will not happen again?

I’m not optimistic. Even people around Warrandyte have become complacent, and that is likely to get worse as the years go by. People forget, perhaps because it’s easier to live out here if you bury your head in the sand.

The only sign of optimism I can see is that the insurance companies that underwrite companies such as SP Ausnet will not be happy. They may demand an investment in safeguards that the victims themselves can never achieve.

I hope so, because with no legal liability recorded against them, SP Ausnet is under no legal obligation to lift its game. Think about that.

Meeks


%d bloggers like this: