January 9: Castlemaine Fire Triggers 'Leave Now' Warnings, Grid Strain

January 9: Castlemaine Fire Triggers ‘Leave Now’ Warnings, Grid Strain

The castlemaine fire escalated on January 9 as catastrophic conditions drove an out-of-control grassfire through Harcourt and Ravenswood South. Authorities issued ‘leave immediately’ warnings and flagged power outages across parts of regional Victoria. We assess safety updates, grid strain, and near-term insurance claims risk. For Australian investors, this event highlights exposure for insurers, agriculture, and local businesses. We outline what to watch as conditions shift and agencies work to contain multiple fronts, including Bendigo fires and Moira Shire alerts.

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