Ex-Tropical Cyclone Alfred lies off Bribie Island and is moving slowly north. It is expected to cross the mainland coast between Maroochydore and Bribie Island during the morning.
Former Tropical Cyclone Alfred is currently positioned off the coast of Bribie Island, drifting slowly northward. Gale-force winds have subsided along coastal and island areas. The system is expected to move towards the mainland and make landfall this morning, with winds continuing to weaken as it pushes further inland.
Although it is weakening, heavy rainfall is expected to persist across southeast Queensland and northeast New South Wales throughout the weekend.
Australian Bureau of Meteorology has released these details as part of the latest advice
Details of Ex-Tropical Cyclone Alfred 22U at 6:00 am AEST [7:00 am AEDT]:

Intensity: Tropical Low, sustained winds near the centre of 55 kilometres per hour with wind gusts to 85 kilometres per hour.
Location: within 20 kilometres of 26.9 degrees South 153.3 degrees East, estimated to be 65 kilometres north northeast of Brisbane and 40 kilometres south southeast of Maroochydore.
Movement: northwest at 9 kilometres per hour.
Hazards:
HEAVY RAINFALL is expected to continue over southeast Queensland and northeast New South Wales during the weekend. HEAVY to locally INTENSE RAINFALL which may lead to DANGEROUS AND LIFE-THREATENING FLASH FLOODING may occur over coastal and adjacent inland areas of southeast Queensland as Ex-Alfred moves inland during today. Separate Severe Weather Warning, Flood Watches, and Flood Warnings are current for southeast Queensland and northeast New South Wales.
ABNORMALLY HIGH TIDES are no longer occurring along the coastal areas, but are expected to be higher than normal over the weekend. However, DAMAGING SURF may continue with significant beach erosion for the open beaches between Noosa and Ballina during the weekend. Separate Coastal Hazard and Hazardous Surf warnings are current for southeast Queensland and New South Wales coasts.
Gales with DAMAGING WIND GUSTS are no longer occurring near Ex-Alfred’s centre or over offshore areas. Refer to a separate Severe Weather Warning for possibility of DAMAGING WIND GUSTS about elevated terrain, along the southern border ranges during today.
Refer to associated warnings for Queensland and New South Wales at http://www.bom.gov.au/australia/warnings.