Floods will cost Queensland $2.5 billion

THE damage bill from this year's floods in Queensland will be more than $2.5 billion, Queensland Treasurer Tim Nicholls says.

More than half the payments have been to councils to fix infrastructure, costing in excess of $1.3 billion.

Repairs to state controlled roads will cost $900 million.

Mr Nicholls says the repair bill is half a billion dollars higher than the 2012 floods but about $4.5 billion less than the 2010/11 disasters.

One of the challenges facing the state is how it will pay for the recovery.

"How we rebuild and where we get the funds from to rebuild are important considerations as we move towards the coming state budget," he told parliament on Wednesday.

"We need to be sure that what we rebuild is better than what we lost, and will withstand future weather events."

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