NewsBite

Queensland budget

This Month

Swiss mining company Glencore’s CEO Gary Nagle headed to Brisbane to meet the new Queensland government last week.

Glencore, BHP & Co’s $9.4b wealth transfer now just part of life

Miners running up to Queensland is a good example of how business is playing Australian politics, where state premiers are the ones in high demand.

  • Anthony Macdonald

September

Surprise government spending blowout hits $70b

Treasury may have underestimated a state and federal government budget spending splurge by $70 billion, which a string of economists warn will add to inflation.

  • Updated
  • Michael Read

June

Queensland Premier Steven Miles.

Are state governments on the brink of a debt crisis?

Victoria and Queensland have caught the infrastructure fever from NSW and have super-sized it. But financial discipline is in short supply.

  • Tim Hext
Congestion on Brisbane’s Gympie Road has prompted calls for a tunnel from Kedron to Carseldine.

Experts question Qld toll road accounting ‘magic pudding’

Queensland’s plan to resume operating the state’s toll roads from 2051 would add $3.6 billion in value to the state’s balance sheet, figures show.

  • Tess Bennett
Queensland Treasurer Cameron Dick announces the budget.

Queensland cash splash could send inflation below 3pc

But economists warn billions in household subsidies will not make a rate cut more likely and could make the inflation problem worse.

  • Michael Read
Advertisement
Brisbane’s Go Between Bridge is currently operated by Transurban.

Qld raises left-field solution to unlock billions for new tunnel

The government is working on a plan to resume operating the state’s toll roads to help finance a new multibillion-dollar tunnel construction.

  • Updated
  • Tess Bennett
Queensland budget.

Labor’s $11b election pitch a ‘deliberate choice’ for debt and deficit

Queensland Labor is mulling borrowing billions for a pre-election $11.2 billion giveaway budget that economists warn risks stoking inflation.

  • Updated
  • James Hall

Queensland budget a populist clown show

The budget further trashes the Sunshine State’s traditional reputation as a low debt, lower taxing, business-friendly jurisdiction as Labor tries to spend its way back into power.

  • The AFR View
Queensland is no exception to the swing of the fiscal pendulum towards permissiveness.

A blatant and cynical vote-buying budget

Critiquing this budget from a perspective of expenditure restraint, balanced budgets and low debt is a turkey shoot.

  • Robert Carling
Queensland budget

Winners and losers in the Queensland budget

An $11.2 billion spending spree on cost-of-living relief has showered Queenslanders with discounts for public transport and electricity bills.

  • Tess Bennett and James Hall
Queensland’s treasurer Cameron Dick ahead of Tuesday’s state budget.

Qld to slug miner with $20m tax rise

Mining giant Glencore will be the sole company affected by a Queensland payroll tax tweak that will cost the business $20 million and threaten to deepen tensions between the Labor government and resources sector.

  • James Hall
Queensland government increases infrastructure spend to $107 billion.

Queensland Labor’s infrastructure bill soars to $107b

Treasurer Cameron Dick has flagged cost blowouts amid increased infrastructure investments ahead of next week’s state budget.

  • James Hall
Steven Miles on Thursday.

Labor to splash $26b on green energy projects in Qld

Queensland will increase its spend on green energy transition by $7 billion to $26 billion over the coming four years as new poll compounds fears of election wipeout.

  • James Hall

May

Queensland Premier Steven Miles announcing all bus and train fares would be 50¢ for six months, and possibly longer.

Miles’ 50¢ fares unlikely to save Queensland Labor

Queensland Labor’s $150 million pre-election cash splash follows a $1000 power bill rebate, but experts say most voters have already made up their minds.

  • Gus McCubbing and Ronald Mizen
Queensland Treasurer Cameron Dick.

Queensland heads for deficit as Labor readies election cash splash

A pre-election spending spree will result in Queensland’s forecast surplus swinging into a deficit of about $3 billion, Treasurer Cameron Dick says.

  • James Hall
Advertisement

December 2023

Annastacia Palaszczuk will step down as premier at the end of the week.

The rise and fade of ‘Labor hero’ Annastacia Palaszczuk

Annastacia Palaszczuk first defined herself in opposition to Campbell Newman, but will be remembered for her strong will during the COVID-19 pandemic.

  • Gus McCubbing
Annastacia Palaszczuk composes herself after becoming emotional while announcing her resignation.

Palaszczuk goes before she was pushed as polls slump

Queensland Premier Annastacia Palaszczuk has resigned after nearly nine years as leader, amid fears her government was headed for a defeat at next October’s election.

  • Updated
  • Ronald Mizen

August 2023

Despite the crisis at home, the Premier has  nevertheless headed overseas on a holiday; a move that Labor politicians were happy to crucify former Prime Minister Morrison for just a few years ago.

Queensland Labor’s problems don’t start and end with Palaszczuk

The premier’s departure could very well leave an untalented and incompetent team without even the veneer of non-threatening warmth that has carried the government though many a scandal.

  • Amanda Stoker

July 2023

Annastacia Palaszczuk speaks to the media at Ballymore Stadium on June 29.  Queensland voters appear to question Labor’s vision for the state, despite the hoopla around Brisbane hosting the 2032 Olympics.

Is time up for Palaszczuk?

The LNP is now benefiting from hammering Ms Palaszczuk over Labor’s handling of cost-of-living, housing, crime, and health issues.

  • The AFR View

June 2023

NSW Treasurer Daniel Mookhey will  call a halt to the former Coalition government’s sovereign wealth fund.

State debt addictions harder to add up

The least creditworthy jurisdictions face paying a higher risk premium on their borrowings unless they get their houses in order by bringing down debt.

  • The AFR View

Original URL: https://www.afr.com/topic/queensland-budget-hnq