Fairfax Media Network

Weather News

Lord Mayor reveals Brisbane flood cost

By Kim Lyell, Tuesday February 5, 2013 - 14:06 EDT

Brisbane's damage bill from severe weather associated with ex-tropical cyclone Oswald is estimated at $60.5 million.

Lord Mayor Graham Quirk says the council will be left about $23 million out of pocket after Federal disaster relief payments.

He says council will have to find more savings to balance the budget or rates may have to rise.

"We're already going to have a bill which will exceed 100 million dollars in terms of the January 11 event," he said.

"This is now another 23 million dollars on top of that.

"Every eight million dollars that we spend in this city is about 1 per cent of our rates revenue - that's the equation."


- ABC

© ABC 2013

More breaking news

Sydney Morning Herald
ABC News
National Nine News
News Limited

Display Your Local Weather

Weather News

Kimberley flooding: Warnings ignored as wild weather lashes WA's north

20:11 EDT

Authorities are growing frustrated with people continuing to drive across fast-moving creek crossings, as hundreds of millimetres of rain swells river catchments across WA's north.

What the UV rating really means for your skin

19:11 EDT

A national scientific agency says Queensland's UV index so far this summer is higher than in previous years.

Severe winds lash Mudgee, causing mass power outage, damage to cars and buildings

19:00 EDT

Residents have described chaotic scenes in the streets of Mudgee as the town was battered by damaging winds today.