Most large urban areas in Qld are situated along rivers. The rivers have always flooded seasonally and floodplain areas were left for this. Houses in affected areas were also built on stumps in days gone by. Because there has been drought for so long some councils have become blase in recent times and allowed development of flood plain areas. Coupled with this councils were making it very difficult to obtain planning permission for stumped houses and a lot of building in these areas has been of the cheap, box house on a slab style. Not really suitable when a metre and a half of water is flowing through it.
These are some reasons but it is wider ranging to the point that deforestation has removed some of the mitigation effects as well.
In short i imagine it may become a lesson relearned.
