Residents in low-lying suburbs whose homes were inundated in the February floods face big hikes in land tax and council rates because the Palaszczuk government will not ask Queensland’s Valuer-General to revalue the properties to reflect the disaster.

After the 2011 south-east Queensland floods, the state government paused the valuation process and ordered a post-flood assessment so property owners would pay tax according to the deflated value of their homes. But that will not be repeated.