Qld budget at a glance
THE QUEENSLAND BUDGET AT A GLANCE:
* Operating surplus of $867 million forecast for 2016/17
* $4.7b in revenue write-downs since last budget
* 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.
(Source: Queensland Treasury)
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