462 (2024). Hon Dr Duncan Webb to the Associate Minister of Finance

462 (2024). Hon Dr Duncan Webb to the Associate Minister of Finance: What is the rate of return on funds invested by the Natural Disaster Fund / Natural Hazards Fund for each of the last five years?

Hon David Seymour: I am advised that the rate of return on funds invested by the Natural Disaster Fund for each of the last five years is as follows: 2018/19 $2.064m (Interest income) $72.646m (NDF balance @ 30 June) 2019/20 $1.365m (Interest income) $179.850m (NDF balance @ 30 June) 2020/21 $0.568m (Interest income) $300.702m (NDF balance @ 30 June) 2021/22 $2.471m (Interest income) $258.414m (NDF balance @ 30 June) 2022/23 $12.515m (Interest income) $352.964m (NDF balance @ 30 June)