The Central Goldfields Shire says work to protect its towns from flooding is progressing well.
The Victorian Government confirmed funding yesterday for a flood study at Dunolly and Mayor Barry Rinaldi says a study of Carisbrook is nearing completion.
"The Carisbrook one is now almost ready to be put to the community, so somewhere around the middle of December the residents of Carisbrook will have the opportunity of making a decision as to if their town can be relieved of potential flooding," he said.
© ABC 2012
15:19 EST Editor's note: This story has been updated to clarify that the higher prices predicted by livestock agent Kevin Currie would be paid for dressed weight and not live weight bullocks, as was suggested in the original story.