Bligh Says A$6 Billion Queensland Rebuilding to Take Two Years

Queensland Premier Anna Bligh said a reconstruction program after flooding and a cyclone ravaged the state will cost A$6 billion ($6 billion) and take at least two years to complete.

Rebuilding will create jobs and stimulate the economy of Australia’s third-most populous region, Bligh, 50, said yesterday in an interview at her Brisbane office. “It will have a stimulatory effect on the economy,” Bligh said. “We are already seeing substantial recovery in some areas.”