An operating surplus for the Queensland Government is when it has more income each year than it spending, excluding spending on capital items (roads and hospitals) and income from asset sales.
The 2024-25 budget papers estimated the Queensland Government to have a projected surplus of $564,000,000 for the 2023-24 budget.
The Queensland Government debt was in 2023-24 was estimated to have grown to $12,223,000,000 due to the fact that capital investment had occurred which was greater than the operating surplus.