Ex-Tropical Cyclone Alfred wreaked havoc on Australians in Queensland and NSW and now its impact on Commonwealth coffers has been revealed.

Significant damage and power outages are possible in the densely populated region of Queensland, where tropical cyclones impacts are not uncommon but direct landfalls are.

But while authorities have been warning residents to stay indoors as Cyclone Alfred approaches, die-hard surfers have been throwing caution to the increasing wind. "This is what we look forward to," said Jeff Weatherall as he waited for a jet ski to pick him up from Kirra beach and carry him into the big waves.

Damaging winds, heavy rainfall and life-threatening floods are expected after the storm made a sudden shift toward Queensland.

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A kangaroo called “Skippy" was rescued after Tropical Cyclone Alfred recently battered Australia, producing heavy rains and flash flooding along the coast.