Oddly enough Acquiunk, I think the Australian psyche is more affected by Cyclone Tracy
http://en.wikipedia.org/wiki/Cyclone_tracy
We learnt a lot of lessons from that one. The concrete block home is ubiquitous up here - although ours is a rare timber dwelling. It was built by a builder for his own family - the inspector we got in before we bought it was impressed by how well put together it was - I just hope we don't have to test it out very often.
Comparisons to Katrina don't bare up - although I'm sure Larry hit a raw nerve for many of our American compatriots. We're much less densely populated than the US - and we don't have housing below the sea level. There isn't a city with a population greater than 200,000 anywhere in the tropical zone, and what cities there are well-spaced so a cyclone that devestates one is unlikely to reach another.
Innisfail is home to just 8,000 people. Tully is less than half that and Babinda is just over a 1000 (but nice meat pies).