Australian State Faces Billion Dollar Repair Bill After Flooding Disaster

In this photo provided by the Queensland Fire and Emergency Services, water floods land and buildings near Gympie, north of Brisbane, Australia Sunday, Feb. 27, 2022. Heavy rain is bringing record flooding to some east coast areas and claimed seven lives while the flooding in Brisbane, a population of 2.6 million, and its surrounds is the worst since 2011 when the city was inundated by what was described as a once-in-a-century event. Queensland Fire and Emergency Services via AP

Extreme flooding in Queensland, Australia, may have left the state in need of up to one billion dollars (US$730 million) to repair the damage wrought by the natural disaster.

Queensland Deputy Premier, Steven Miles, told AAP on March 3 that early estimates for the disaster have placed the figure around the billion dollar mark.