Flood recovery a little brighter
SOUTHERN Downs Regional Council is set to benefit from $13.2 million in disaster relief funding, it was announced yesterday.
Premier Anna Bligh and Minister Assisting the Attorney-General of Queensland Flood Recovery Senator Joe Ludwig said $406 million in advance funding had now been allocated to 51 affected councils.
“In under three weeks we have now told 51 councils that they collectively have $406 million in advance payments to get reconstruction work moving,” Ms Bligh said.
“It's simple. We want this money accelerated to stimulate disaster-hit local economies.
“And today's fourth tranche shows that the Queensland Reconstruction Authority continues to assess and release funding as quickly as possible.”
The Authority is using, for the first time, a new process to accelerate the flow of reconstruction dollars back into impacted communities.
Minister Ludwig said up to 75 per cent of these costs were being met by the Commonwealth under the Natural Disaster Recovery and Relief Arrangements with the states.
“More than 80 per cent of this money will go towards reconstructing our massive road network – the lifeblood of our state,” he said.
“The total damage bill for councils is likely to top $2 billion. The Commonwealth and State have shared responsibilities and this again reflect we are getting on with the job.”