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Australia: October bushfires to cost Blue Mountains $63 million, says report

December 20, 2013 - 6:00am

A new report estimates that the October 2013 bushfires will cost the Blue Mountains economy $71.4 million Australian ($63.3 million) because of the resulting slump in tourism, Blue Mountains Gazette reported.

Blue Mountains mayor Mark Greenhill said "we have had the highest loss of property from any bushfires in our settled history." Mr. Greenhill added "this is very hard on local businesses."

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