Hello and welcome to a very wet Brisbane in Queensland, Australia.

I'm Vivian Nunes and today on Business Daily we're counting the cost of recent floods

after heavy rains saw homes and businesses inundated with muddy brown water.

Despite the heavy rains you can hear,

the clean-up operation has begun here in Brisbane

as floodwaters receive.

But for many of those affected,

attention now turned to the damage bill,

especially for those without any insurance.

To insure properties in flood zone areas, it gets quite expensive yearly.

At the end of the day, if I paid insurance, it would have cost me a lot of money per year.

With severe weather events increasing due to climate change,

we'll hear what can be done to prevent surging insurance costs, which leave many

unable to afford coverage at all. That's Business Daily from the BBC.

Good evening. As we go to air tonight, more than 400 people are missing in our states far

north after days of torrential rain

triggered some of the worst flooding on record.

I mean, the weather right across New South Wales is just so volatile at the moment after

bucketing down all night.

Power in the CBD could be cut for days as this deadly rain bomb bears down on the southeast.

Over the past week or so, there have been

some incredible scenes in eastern Australia, as towns and cities in the states of Queensland and

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