Skip to content

Is there an issue with Queensland's Debt?

  • October 3, 2024

The Queensland Government commenced a significant capital investment programme they refer to as 'The Big Build'.

While the Government has record Operating surplus, as a result of the progressive royalties scheme on record high coal prices, the capital investment does not change the operating surpluses, now or into the future.

The capital investment will be primarily paid for by increased borrowings.

The future borrowings will increase as the scale of the capital investments increases over the next three years.

The State Opposition has committed to continue with all of these projects, with one exception.

 

23868083-FFD6-475A-9C61-95FED4CEE891

 

RELATED NEWS

Is there an issue with Queensland's Debt?

The Queensland Government commenced a significant capital investment programme they refer to as 'The Big Build'.

by Alex Scott

What about the 2024-25 budget?

The Queensland Opposition has pledged to support the 2024-25 Queensland State Budget. The budget includes not only the...

by Alex Scott

What is a Fiscal Balance

A Fiscal Balance is different to the Operational Balance in that it includes the expenditure relating to capital...

by Alex Scott