Flood of money is needed for rebuild in the region

IN some ways, floods are unpredictable, but there is one thing you can guarantee about big floods - they cost a lot of money.

The State Government's package is now on the table and residents impacted by floods in the Gladstone region will be able to apply for low-interest loans of up to $250,000.

The trouble with loans is that you have to pay them back.

We wonder how many people will be keen to take on that option. It's tough to think you need to borrow a stack of money just to get back to square one.

Unfortunately, as the Premier has constantly reminded us over the past 11 months, money doesn't grow on trees.

Low-interest loans are probably the best the government can do.

The real intrigue will be how insurance companies handle claims. We have to remember insurance is a business and companies aim to make profits.

Experience from the 2011 floods has taught governments a lesson in how to communicate with insurance companies after a disaster - go hard, go early.