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Australia Announces Flood Relief Package

Australian PM announces flood relief package. Australian Prime Minister Julia Gillard is introducing a tax to help pay for the nation’s catastrophic floods. She’s hoping to recover some of the estimated 5-point-6 billion dollars that she says will cost for reconstruction. The tax begins in July, for 1 year only and targets higher-income earners. Those who were affected by the floods will not have to pay.

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Brisbane Braces for Massive Flooding

The people of Brisbane Australia are fleeing from their homes in anticipation of being hit by the region’s nastiest flooding in over a hundred years. The mayor of Australia’s third-largest city, Campbell Newman, says the worst is yet to come. He estimates that over 65-hundred homes and businesses will be completely inundated, with thousands more damaged.

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