Qld will suffer under flood levy

THE Federal Government’s decision to bow to pressure from Independent Senator Nick Xenophon to ensure he supported the flood levy would cost Queensland taxpayers dearly, the State Government has said.

The agreement would force the states and territories to take out insurance, create their own disaster funds or take equivalent measures.

With the support of all the other crossbench senators, the levy would become a reality from July, affecting most Australians earning more than $50,000.

Acting Premier Paul Lucas said he was glad the levy would pass but criticised the Federal Government and Senator Xenophon, saying they had delivered a “massive kick in the guts” to Queensland taxpayers.

“But under this proposal, they’re going to have to have insurance,” he said.

“It will send them (taxpayers) broke.”

The State Government was seeking a quote to insure assets, including roads, against future natural disasters.


Australia’s vaccine rollout: How it affects you

Premium Content Australia’s vaccine rollout: How it affects you

We explain what the next stage of the vaccine rollout means for you

Patient airlifted after alleged stabbing in mining town

Premium Content Patient airlifted after alleged stabbing in mining town

One person was flown to Rockhampton with injuries.

Dad starts pub fight in mining town after son is ‘king-hit’

Premium Content Dad starts pub fight in mining town after son is ‘king-hit’

Mining operator and father of four told he could have better handled the...