Australia Ten

easy ten points. earthquakes and australia. please please answer?
what is the earthquake risk in australia?
Since 1994 the RMSĀ® Australia Earthquake Model has been used by the local insurance industry, multi-national insurers writing business in Australia, the global reinsurance community, and capital markets constituents to evaluate and transfer earthquake risk in Australia.
Australia lies in the middle of the Australian tectonic plate, a stable continental region home to some of the oldest geological formations on the Earth’s surface. There are few identified active faults and seismicity is distributed throughout the country. While seismicity is low compared to more tectonically active regions such as Japan and California, most of Australia’s metropolitan areas have at least moderate seismic risk. Distant subduction zone events near Indonesia may be felt in parts of northern Australia that have little exposure. However, damaging earthquakes in Australia are intraplate events that occur infrequently and in a geographically dispersed fashion.
Approximately 70 earthquakes are known to have caused damage to populated areas since 1788. The largest earthquake recorded in Australia was the 1941 Meeberrie Earthquake with magnitude (ML) 7.2. The earthquake that caused the largest historical loss in Australia is the 1989 Newcastle Earthquake, which registered a modest magnitude of (ML) 5.6, but caused 13 deaths and an estimated AU$4 billion in total damage. Other significant earthquakes include the Ms 6.9 Meckering Earthquake in Western Australia in 1968 and the ML 5.4 Adelaide Earthquake in 1954, both of which caused localized damage to many buildings.
Model Highlights
Model developed in collaboration with Geoscience Australia
Spectral acceleration attenuations based on local and global parameters
High-resolution hazard modeling using RMS’ Variable Resolution Grid, and features high resolution geotechnical data coverage in major cities
Spectral response damage functions link building characteristics with the frequency content and amplitude of ground motions
Vulnerability functions calibrated using extensive loss data from the 1989 Newcastle Earthquake
Geographic Scope
Almost all areas of Australia are at risk from seismic activity, and therefore the RMS hazard module extends across nearly the whole country. The following territories/states are considered exposed to earthquake risk in the Australia Earthquake model:
Western Australia
Northern Territories
Queensland
New South Wales
Australian Capital Territory
South Australia
Victoria
Tasmania
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