As heavy rainfall and rising floodwaters caused by ex-Tropical Cyclone Alfred drench northern New South Wales and southern Queensland, it will take weeks for the full extent of the damage to be assessed. Major flood warnings have been issued for several rivers.
What we do know, however, is that more Australians are going without insurance than ever before, and this includes in the affected regions. Without full coverage, much of the damage will never be repaired.
