Funding allocated for flooded Queensland areas

Funding allocated for flooded Queensland areas

Posted on Friday, March 01 2013 at 2:46 PM

Investors who own property in flooded areas of Queensland have been given a helping hand, with $45 million allocated to those affected by the 2013 Australia Day floods.

The Gillard Government says the money will go towards helping Queenslanders
recover and rebuild, just a couple of years after floods in late 2010 and early
2011 devastated communities. The
Queensland Support Package will target the worst
hit areas and includes specialised assistance to aid clean-up efforts,
community recovery initiatives, impacted businesses, primary producers and labour
costs. About $5 million will be allocated for Bundaberg and North Burnett and
another $40 million will also go towards rebuilding council-owned roads and
assets, so they’re more flood proof.

“We’ve paid almost $120 million into the bank accounts of over 100,000
disaster-affected Queenslanders since January, through the Australian Government Disaster Recovery Payment,”
Prime Minister Julia Gillard says.

“This new package is addition to the support already being provided
under the Natural
Disaster Relief and Recovery Arrangements
, which are jointly funded
by the Australian Government and the states.

“Under those arrangements, the Commonwealth will meet 75 per cent of the
costs for restoration of essential public assets – the single largest expense
to get communities back on their feet.”

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