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State to help flood-hit business owners

Recovery efforts are continuing in flood-stricken Townsville, with the Queensland Government sending outreach teams to help businesses in the area with financial matters including insurance.

The teams will visit 20 towns including Townsville, which bore the brunt of the worst floods in the state’s history.

“Getting into these towns and talking through the challenges faced by businesses such as insurance, leasing, finances, looking after staff and working with their suppliers, customers and clients – it will really help these owners get a handle on things and prioritise the steps they need to take to recover,” said Small Business Champion Maree Adshead, who is employed by the state to act as an advocate for the small business sector.

Insurers have so far recorded $1.02 billion in losses from the floods, according to the Insurance Council of Australia.