Queensland budget 2024-25: Five-minute guide to how it affects you

Check out our five-minute guide as we break down what is included, and who will benefit from the latest Queensland budget.

Treasurer Cameron Dick has delivered the 2024-25 State Budget. Picture: Dan Peled

Following a previous deficit of $2.2 billion for the current 2023-24 financial year, the Miles Government expects to return an operating surplus of $564 million.

For 2024-25 a deficit of $2.6 billion is forecast before falling to $515 million in 2025-26.

A targeted $3 billion savings plan, over 4 years, to 2027-28 is set to be applied to ensure returns to surplus from 2026-27.

What you need to know about the 2024 Queensland Budget

COST OF LIVING

– 11.2 billion total concessions including cost-of-living relief measures available in 2024-25

– 20 per cent reduction to motor vehicle registration fee.

– Flat fare of 50 cents across the state’s public transport network for six months from

– $15 million for the School and Community Food Relief.

– Queenslanders receive $1,300 off electricity bills – $1000 rebate and $300 paid in quarterly instalments.

– $200 FairPlay vouchers available from July 1 to help young people aged 5-17 to participate in sports and active recreation activities.

– $19.7 million over three years to deliver Queensland Small Businesses Strategy 2024-2027.

HEALTH

– $142 million over four years in vital specialist retrieval and emergency helicopter services.

– 10.6 per cent increase in operating funding in 2024-25.

– $269.9 million over four years – will enable recruitment of 188 ambulance operatives and 80 specialised positions.

– $30 million boost to QAS base capital program.

– New injection of $247.9 million over 2027-28 to address gender based health inequity for women and girls.

TRANSPORT

The 2024-25 Budget includes almost $5bn for manufacturing trains.

– $4.869 billion for manufacturing 65 new trains.

– $5.750 billion for Logan and Gold Coast faster rail.

– $5.5 billion for new sunshine coast light rail line between Beerwah and Maroochydore.

– $1.004 billion for duplication of rail trail between Beerburrum and Nambour.

– $3.026 billion for Coomera Connector.

COMMUNITY SAFETY

– $13.6 million to expand the Youth Co-Responder teams in Cairns, the Gold Coast and South Brisbane with additional teams in Sunshine Coast and South West.

– $261.4 million to deliver a therapeutic operational model and the Woodford Youth Detention Centre.

– $149.2 million approved for the Wacol Youth Remand Centre.

– $6 million to non-government organisations to provide after-hours support for young people.

DOMESTIC AND FAMILY VIOLENCE

– $154.4 million over four years and $38.4 million per annum ongoing, for a 20 per cent uplift for the state funded domestic, family and sexual violence sector.

– $14.8 million over two years in additional funding to Queensland Corrective Services to support domestic and family violence perpetrators’ rehabilitation and re-entry into the community.

EDUCATION

– Investment of $1.274 billion in 2024-25 for education infrastructure.

– 2024-25 budget investing over $1 billion in additional funding over five years from 2023-24 – deliver more teachers, teacher aids, priority cohorts including students with disability, equity and excellence.

– A further 30,000 free TAFE places in 2024 to 2026.

POLICE, EMERGENCY AND CORRECTIVE SERVICES

Response helicopters in Far North Queensland have been funded in the 2024-25 Budget. Picture: David Clark

– 900 additional police personnel to join Queensland Police Service.

– 3000 extra wands and 1,000 extra tasers.

– $48 million to upgrade police stations in Bundaberg and Hervey Bay.

– Response Helicopters to service Far North Queensland and Wide Bay/Sunshine Coast and increased drone capability in priority regions across the state.

SUPPORT FOR VICTIMS OF CRIME

– $16 million to continue and expand the Victims of Crime Community Response Program.

– $15.6 million to increase capacity of Victims Assist Queensland to process financial assist applications.

– $2.8 million to enhance the Victim Liaison Service.

HOUSING

The Budget has made a $3.1 billion investment into housing and homelessness.

– $3.1 billion investment into housing and homelessness.

– Target to build one million new homes by 2046.

– $160 million Renters Relief Package.

– Support for first homeowners has been doubled to $30,000 for new homes until June 30, 2025.

– Eligibility for first home concession to be extended to homes with dutiful value up to $800,000 – up from $550,000 currently.

ENVIRONMENT

– $247.8 million over 5 years for continued delivery of $2.1 billion waste package.

– $125 million for implementation of the Future Fisheries reforms.

– $31.3 million over 4 years and $8.4 million per annum ongoing to continue planned actions under the South East Queensland Koala Conservation Strategy.

TOURISM

– $15 million over 2 years for the Growing Future Tourism Package.

– $10 million over 2 years for the Building Nush Tourism fund.

FIRST NATIONS

$324.7 million including $209.9 million in new funding in effort to address inequity in health and wellbeing outcomes for First Nations Queenslanders.

$61.6 million over two years to continue delivery of needs-based Indigenous Councils Funding Program.

11.2 million over four years to deliver initiatives to support Closing The Gap.

Originally published as Queensland budget 2024-25: Five-minute guide to how it affects you