The Queensland flood crisis is having a devastating effect on the national economy and is having repercussions around the world.
The state goverment estimates 100 million dollars a day is being lost in coal exports with floodwaters disrupting operations at at least 40 coal mines - and the damage to industry and agriculture is so severe that banking analysts predict it will hurt the nation's gross domestic product.
South of Rockhampton grapes have been rotting on the vine as the floods devastate hundreds of hectares of crops.
Growers says the losses are immense. "It could run into the millions of dollars", Michael Allen told SBS.
The floods will end up affecting all Australians with analysts saying they will impact the national economy.
"It does look like our preliminary estimates for the floods to subtract a quarter of a percentage point off Australian GDP growth", Katie Dean of ANZ said.
Consumers will also feel the impact when they shop for fruit and vegetables with prices already soaring.
In Queensland markets, flood affected produce is already being sold for almost double last week's prices.
Bur farmers don't expect to benefeit.
"Yeah you will see big prices in the supermarket but the farmer won't be rewarded in that area", Michael Allen said.
China coal supply hit
China's booming steel industry depends on coking coal from Queensland. About half the world's output comes from the state.
US sharemarket commentator Denis Gartman says with exports in peril, investors should sell the Australian dollar ...
"The damage that shall be done to the Australian dollar is very real and is as real as is the damage wrought by the flooding", he said.
Insurance losses won't be known until waters recede but both Suncorp and QBE are down from their December highs.
It's an economic hit for the nation, but for residents financial stress is only part of the ordeal.
"It is getting to me now that it is getting harder to get up and you think, oh I have got to go down and face it, another day down there", one resident said.
Others said it could be five or six months until everything is fixed.
A massive rebuilding and repair programme lies ahead and if the Reserve Bank determines it drives up inflation, higher interest rates could follow.
