Money to pay for the flood will come from spending cuts , delayed spending and a tax . `` The great floods of this summer have destroyed billions of dollars of wealth and robbed us of billions of dollars of income . Tax would be $ 1.8 billion and would be levied for a year . More than one million people have been affected by recent floods . The government will be investing billions of dollars to help Queensland , national treasurer says .
Money to pay for the flood will come from spending cuts , delayed spending and a tax . Tax would be $ 1.8 billion and would be levied for a year . More than one million people have been affected by recent floods . The government will be investing billions of dollars to help Queensland , national treasurer says .