Full coverage: Australia's drought crisis

More than 80 per cent of Queensland and parts of northern New South Wales are in severe drought, with some areas not seeing decent rainfall in three years.

Drought-stricken farmers and rural communities will soon share in $333 million of Federal Government support, which includes freight subsidies, water rebates and concessional loans.

The Bureau of Meteorology has officially declared a major El Nino event, which is likely to lead to prolonged drier, hotter conditions across much of eastern Australia.