Australia is known for devastating bushfires
Well, the wet weather that has inundated a lot of the east coast is also having a huge detrimental effect.
Farms are sodden, some still under water, cattle and calves are standing in water. Which will destroy their feet and legs. Crops have been lost, unable to be harvested, machinery can not get onto paddocks to sow new crops.
So far, flood damage insurance costs are at $3.4 billion dollars with many industries still yet to work out their losses.
Total losses could be over $7 billion - and it is still raining, with a wetter than usual winter forecast.
Farms are sodden, some still under water, cattle and calves are standing in water. Which will destroy their feet and legs. Crops have been lost, unable to be harvested, machinery can not get onto paddocks to sow new crops.
So far, flood damage insurance costs are at $3.4 billion dollars with many industries still yet to work out their losses.
Total losses could be over $7 billion - and it is still raining, with a wetter than usual winter forecast.