Flood disasters last year cost Australian economy $5 billion

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Flood disasters last year cost Australian economy $5 billion
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Flood disasters last year cost the Australian economy $5 billion, with the damaging weather disrupting mining, agriculture, tourism and construction sectors. DETAILS: 9News | WATCH LIVE 6pm

Extreme weather events and natural disasters helped drive an increase in the price of fruit and vegetables, Treasury research showed.READ MORE:

From late February to early April, the east coast was hit by three extreme weather systems that led to record rains and flooding.

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