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Queensland (abbreviated as Qld) is the second-largest and third-most populous state in the Commonwealth of Australia. Situated in the north-east of the country, it is bordered by the Northern Territory, South Australia and New South Wales to the west, south-west and south respectively. To the east, Queensland is bordered by the Coral Sea and Pacific Ocean. To its north is the Torres Strait, with Papua New Guinea located less than 200 km across it from the mainland. The state is the world's sixth-largest sub-national entity, with an area of 1,852,642 square kilometres (715,309 sq mi).

As of 15 May 2018, Queensland has a population of 5,000,000, concentrated along the coast and particularly in the state's South East. The capital and largest city in the state is Brisbane, Australia's third-largest city. Often referred to as the "Sunshine State", Queensland is home to 10 of Australia's 30 largest cities and is the nation's third-largest economy. Tourism in the state, fuelled largely by its warm tropical climate, is a major industry.

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The 1992 Queensland storms were a series of thunderstorms which struck southeastern Queensland, Australia on November 29, 1992. The storms produced strong winds, flash flooding and large hailstones in the region, including the capital city of Brisbane. The storms also spawned two of the most powerful tornadoes recorded in Australia, including the only Australian tornado to be given an 'F4' classification on the Fujita scale.

The meteorological instability in the region resulted in the formation of at least five supercell thunderstorms in the space of around three hours. The storms, which spawned progressively further up the coast from Brisbane to Gladstone as the afternoon progressed, left a trail of damage resulting from hail, rain and wind. The event has been described as "one of the most widespread [outbreaks of severe thunderstorms] recorded" by veteran meteorologist Richard Whitaker.

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Storm Financial Limited was a financial advice company, based in Townsville, Queensland, Australia. The company was founded by Emmanual Cassimatis and his wife Julie Cassimatis in 2004. On 12 December 2008, the Australian Securities and Investments Commission began investigation of Storm Financial's margin lending and related advice.

It went into administration in January 2009 and was placed in liquidation on 26 March 2009. The company had A$88 million in debts at the time. The collapse came at a time when an estimated 2,000 to 4,000 investors had suffered the effects of the financial crisis, and were facing significant losses. This left any investors who felt that had been misled or misguided with limited financial recourse against the company.

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Gas Stripping Tower in 2013



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