Qld budget at a glance 20160614 p5ug69.html – Breaking News & Latest Updates 2026
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This was published 10 years ago

Qld budget at a glance

AAP

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THE QUEENSLAND BUDGET AT A GLANCE:

* Operating surplus of $867 million forecast for 2016/17

* $4.7b in revenue write-downs since last budget

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* 2.9% operating expenses growth a year, over forward estimates

* 3.2% revenue growth a year, over forward estimates

* $37.8b general government sector debt, $75.3b total debt in 2016/17

* Total debt forecast to hit $78.9b in 2019/20

* $4b to be taken out of QSuper defined benefit scheme to fund infrastructure and pay down debt

* New fiscal strategy to not let public service employee increases outstrip population growth rate

* $225 million added to Advance Queensland innovation scheme, including $40 million to poach businesses from interstate and overseas

* Increased emphasis on regions, including $100 million jobs package, $180 million infrastructure program and relief for drought-affected farmers.

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(Source: Queensland Treasury)

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