Auckland was lashed with heavy rain and subsequent floods last Friday and is forecast to receive further heavy rain in the coming days.

The extreme weather has resulted in hundreds of thousands of dollars worth of property and inventory being destroyed, and many Auckland businesses will be closing their doors until further notice.

NZME business commentator Fran O'Sullivan says that no one expected a disaster like this to hit Auckland and the region will benefit from extra Government support and resources.

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• Grant Robertson warns Auckland floods could have a devastating economic impact
• Cost to business 'enormous', banks offer victims help
• ‘Pretty low’: Burglar arrested after targeting flood-affected businesses in Auckland