I cannot agree with Oldboot. Warnings are issued because of an occurrence or on a prediction of an event such as thunderstorms, severe weather etc.,
It is not the job of BOM to get into risk analysis. That's our job after being informed of the possibility or probability of an event occurring.
Taking into account the size of the earthquake, it's depth and distance from us I put the risk as very low. But it was just an educated guess based on facts as I think I understand them.
I could have been very wrong but, at least, was informed of the size of the earthquake; that a wave had been generated resulting in warnings and, therefore, the risk had to be given serious consideration.
I feel very comfortable with the warnings but would have been upset if news of the tsunami and the possibility of threat was suppressed.