Queensland’s $2 Billion Damage Bill for Rebuild Set to Rise

A bar restaurant is seen past fallen branches in Palm Cove as Cyclone Jasper approaches landfall near Cairns in far north Queensland on December 13, 2023. A tropical cyclone was building strength as it rolled towards northeastern Australia on 13 December, with authorities warning "life-threatening" floods could swamp coastal regions for days. Photo by Brian Cassey/AFP via Getty Images

The bill for damage caused by the wild weather that has lashed Queensland might not be finalised for months.

The combined economic impact and recovery cost currently stands at a staggering $2 billion (US$1.3 billion).