Waiting for a boom

Weather derivatives volumes have soared across the globe, but the Australian market is still waiting for the big bang to occur. Nick Sawyer reports

weather-gif

Weather plays a crucial role in the Australian economy. In a country so dependent on agricultural commodities, an unexpected drought or a deluge of rain can have a crippling effect on crop yields. As such, it’s perhaps surprising that weather derivatives have yet to be wholeheartedly embraced in the Australian market. The mention of weather derivatives still prompts raised eyebrows in some quarters, and while these products are increasingly being adopted by energy companies as a way

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here