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Queensland flood's damage tab to exceed $1.4 billion

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Flooding in Queensland, Australia

Australian agriculture industry association AgForce said that recent floods in Queensland are likely to have caused more than $2 billion Australia ($1.4 billion) worth of damage, News.com.au reported. Andrew Freeman, an official at Agforce, said that cattle and sheep related losses are likely to total around AUD 800 million while infrastructure damage is expected to amount to AUD 1.2 billion.

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