In a television interview , Prime Minister Julia Gillard says she is pinpointing possible spending cuts . ` ` I want to be very blunt with you . We have a lot of flood damage to repair , '' she says . Share your photos , videos and stories . Official damage estimates for flooding are still being calculated . Queensland state 's premier has said rebuilding will have a ` ` multi - billion dollar price . ''
In a television interview , Prime Minister Julia Gillard says she is pinpointing possible spending cuts . ` ` I want to be very blunt with you . We have a lot of flood damage to repair , '' she says . Official damage estimates for flooding are still being calculated . Queensland state 's premier has said rebuilding will have a ` ` multi - billion dollar price . ''