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Coal price bonanza delivers $5.2b surplus for Qld

Mark Ludlow

Soaring coal prices and increased taxation revenue will help the Palaszczuk government deliver a $5.2 billion surplus this financial year.

The mid-year budget update released by Treasurer Cameron Dick on Wednesday revealed the state’s economic growth will slow quicker than predicted, easing from 2.75 per cent predicted in the budget to 2.5 per cent in 2022-23.

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Mark Ludlow writes on politics, energy and infrastructure based in Brisbane. Connect with Mark on Twitter. Email Mark at mludlow@afr.com

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