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Australian and British Red Cross Reactions.
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Bali has been classified as an Australian event because of the proximity and the number of Australians who died (88). The Australian authorities and Australian Red Cross have been absolutely superb in providing assistance and care for their own Nationals.
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Travel insurance does not provide cover for acts of terrorism and the British Government does not provide any form of compensation. The perpetrators and their government do not have the funds to provide any compensation either.
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There were huge differences between how the Australian Red Cross and the British Red Cross reacted to the aftermath of Bali. The Australian Red Cross set up an appeal and worked closely with the Australian Government in providing assistance. Unfortunately, no similar appeals were established by the British Red Cross for the British victims. All proceeds raised by the Australian Red Cross went to the Australian and Indonesian victims even though some of the funds raised originated from outside Australia. People don’t realise that the International Red Cross is actually made up of various Red Cross’s. They each work independently to one another.  So after the London bombings of July 2005 we find the British Red Cross raising funds for all victims - not just the British victims.
The following also shows the support and assistance the Australian Red Cross has given to the Australian victims. There is no such fund for the British victims.
The following shows the Australian Government’s assistance to its citizen’s.
The following is a summary of the support provided to date by the Australian Red Cross. This fact sheet summarises the assistance provided to Australian's and in Bali.
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One year after theBali  bombings, the British Red Cross did fund the cost of the flights (£500) and £300 towards other costs of traveling to Bali for the first anniversary. This was payable for two members of each family involved but its nowhere near a total of £3m.
The British Red Cross maintain that the London Bombings Relief Charitable Fund is not part of the British Red Cross or the International Red Cross and Red Crescent Movement but rather a separate charity, which was set up in the wake of the bombings on the 7th July.

As part of its role in supporting the statutory services, the British Red Cross provides a facility to manage emergency appeals and, as such, the British Red Cross offered to collect donations on behalf of the fund. The British Red Cross is also helping process requests for payments from the fund but all decisions about the way that funds will be spent are being taken by the Fund's Trustees.”

It has been pointed out to the British Red Cross that the UKBBVG had itself set up a charity but the British Red Cross didn’t offer to collect donations on the charity’s behalf as it did for the London bombings victims. The British Red Cross has so far raised in excess of £3million for the London Bombing victims.