Tropical Cyclone Paul has been downgraded back to a tropical low, although heavy rain, strong winds and dangerous seas are continuing.
Ex-Tropical cyclone Paul is currently wallowing over Arnhem Land in the Northern Territory, about 215km west-southwest of Nhulunbuy. Wind gusts are estimated to be near 95km/h at the core, although gales for residents are not expected within the next 24 hours.
Paul, isolated from the warm waters of the Gulf of Carpentaria, has been weakening in the last day. He is expected though, to move east on Thursday, back over the warm waters and possibly re-intensify.
There remains a severe weather warning for damaging wind gusts, heavy rainfall and large waves in the Arnhem, Roper-McArthur and Darwin-Daly Districts.
© Weatherzone 2010
17:43 EDT The Federal Agriculture Minister says he's working hard to finalise arrangements for the new concessional loan scheme.