QUEENSLAND BUDGET 2020-21
BUDGET HIGHLIGHTS
,. Queensland budget.qld.gov.au Government
Queensland Budget 2020–21 1 MESSAGE FROM BUDGET 2020–21 QUEENSLAND’S THE TREASURER ♦ AT A GLANCE ECONOMIC RECOVERY The Honourable Cameron Dick MP
Jobs supported by Globally, almost 1.5 million people have died from COVID-19. In Queensland infrastructure hard-working health professionals, frontline agencies – and crucially investment in 2020–21 46,000 Queenslanders following medical advice – have seen the state manage the health impacts exceptionally well. However, COVID-19 will impact the Total infrastructure economy long into the future. program over four years $56B The 2020–21 Budget continues to REBOUNDING FROM deliver measures for the ongoing health Percentage of capital COVID-19 IMPACTS response to COVID-19 and also supports FOCUSING ON This Budget is focused on spend outside of the economic recovery outlined in the The coronavirus (COVID-19) pandemic CORE TASKS Greater Brisbane Queensland Government’s Unite and delivering our promises made to 58% has delivered an unprecedented Recover Economic Recovery Plan. shock to the global economy, leading the people of Queensland. Unite and Recover highlighted a package To support Queensland’s COVID-19 Total spend on to substantial business closures, job losses and declines in economic of more than $7 billion to safeguard economic recovery, the government Before, and during, the 2020 State Election campaign road and transport activity, industrial production and trade our health and protect jobs, including is implementing a savings and debt we made more than 1,000 commitments. The hard infrastructure in across the world. The data indicate that reducing business costs through payroll plan to deliver savings of $3 billion work in delivering those commitments starts with $6.3B economic outcomes are more favourable tax reductions and other tax relief over four years to 2023–24. this Budget. 2020–21 where health outcomes are better. measures, and accelerating projects To date, we have achieved It follows the path clearly outlined in our COVID-19 to unlock development and increase The pandemic and related restrictions 47 per cent or $352.2 million of Fiscal and Economic Review and in the Palaszczuk economic activity. COVID-19 economic led to a record 5.9 per cent fall our savings target for 2020–21 Government’s Economic Recovery Plan which focused stimulus measures in domestic economic activity in Building on this support, the government through a range of measures. on protecting our health; creating jobs; and working to date Queensland in the June quarter of has committed a significant package of Savings will continue to be together. $7B 2020. However, this result is relatively election commitments totalling achieved by focusing on core The efforts of Queenslanders in containing the health favourable compared with the 7.4 per $4.3 billion over four years. tasks, ensuring government resources are directed to where impacts of the COVID-19 pandemic have seen the State cent fall in national domestic activity. This Budget is focused on getting recover faster economically than others and this Budget they are needed most. Education and Importantly, Queensland’s success in our economy moving sooner. Priorities outlines the continued steps we will be taking on that training in 2020–21 containing the spread of the virus means include: Six workstreams have been recovery. $17.5B the June quarter is now expected to be the established to progress savings creating jobs This Budget will deliver on the Palaszczuk Labor lowest point in the COVID-19 economic opportunities under the plan, backing small businesses to support Government’s clearly defined priorities: safeguarding cycle, rather than the September quarter with a focus on government jobs and communities across the state Queenslanders’ health; supporting jobs; backing small as previously anticipated. The substantial advertising, accommodation, business; Making it for Queensland by supporting Health in 2020–21 and ongoing relaxation of restrictions, as increasing investment in data and ICT, workforce, structural Queensland manufacturers; building Queensland’s well as the income support and stimulus manufacturing including $1 billion to reform opportunities and agency $21.8B functional reviews. infrastructure; growing our regions; investing in skills; provided across all levels of government, make trains in Queensland again backing frontline services; and protecting our precious drove a strong rebound in domestic driving the largest infrastructure The plan reinforces the need to environment. activity in the September quarter. sustain effective frontline services Concessions program in over a decade of More than anything else, this Budget has a single Domestic and external conditions have $14.8 billion in 2020–21 by limiting secondments of and lowering the frontline workers to back-office overarching objective – creating more Queensland jobs. continued to evolve since the COVID-19 growing our regions and supporting cost of living roles and creating opportunities $6.3B Fiscal and Economic Review (C19-FER) key industries including tourism, 2020 has been a testing time for workers, families and for tasks to be reallocated to businesses and this Budget outlines the Government’s released in September but currently agriculture and mining appear to be on different trajectories. frontline roles. latest investments and initiatives as we continue to protecting the environment Unite and Recover. Building trains in Many indicators of Queensland’s The plan also strengthens providing more Queenslanders with oversight of non-frontline Queensland over domestic economy have continued to access to the skills and training they 10 years improve, but the resurgence of COVID-19 recruitment, a natural reduction $1B need for careers of senior executive service cases globally, weaker trading partner growth, and increasing trade and enhancing frontline services roles and greater utilisation of existing government buildings to geopolitical tensions mean the delivering lower debt than New South Social housing encourage public servants to work Cameron Dick MP global outlook has weakened further Wales and Victoria. improvements and remains the key risk to the closer to home. Treasurer in 2020–21 $526.2M State’s economic outlook. Minister for Investment
2 budget.qld.gov.au MESSAGE FROM BUDGET 2020–21 QUEENSLAND’S THE TREASURER AT A GLANCE ECONOMIC RECOVERY The Honourable Cameron Dick MP
Jobs supported by Globally, almost 1.5 million people have died from COVID-19. In Queensland infrastructure hard-working health professionals, frontline agencies – and crucially investment in 2020–21 46,000 Queenslanders following medical advice – have seen the state manage the health impacts exceptionally well. However, COVID-19 will impact the Total infrastructure economy long into the future. program over four years $56B The 2020–21 Budget continues to REBOUNDING FROM deliver measures for the ongoing health Percentage of capital COVID-19 IMPACTS response to COVID-19 and also supports FOCUSING ON This Budget is focused on spend outside of the economic recovery outlined in the The coronavirus (COVID-19) pandemic CORE TASKS Greater Brisbane Queensland Government’s Unite and delivering our promises made to 58% has delivered an unprecedented Recover Economic Recovery Plan. shock to the global economy, leading the people of Queensland. Unite and Recover highlighted a package To support Queensland’s COVID-19 Total spend on to substantial business closures, job losses and declines in economic of more than $7 billion to safeguard economic recovery, the government Before, and during, the 2020 State Election campaign road and transport activity, industrial production and trade our health and protect jobs, including is implementing a savings and debt we made more than 1,000 commitments. The hard infrastructure in across the world. The data indicate that reducing business costs through payroll plan to deliver savings of $3 billion work in delivering those commitments starts with $6.3B economic outcomes are more favourable tax reductions and other tax relief over four years to 2023–24. this Budget. 2020–21 where health outcomes are better. measures, and accelerating projects To date, we have achieved It follows the path clearly outlined in our COVID-19 to unlock development and increase The pandemic and related restrictions 47 per cent or $352.2 million of Fiscal and Economic Review and in the Palaszczuk economic activity. COVID-19 economic led to a record 5.9 per cent fall our savings target for 2020–21 Government’s Economic Recovery Plan which focused stimulus measures in domestic economic activity in Building on this support, the government through a range of measures. on protecting our health; creating jobs; and working to date Queensland in the June quarter of has committed a significant package of Savings will continue to be together. $7B 2020. However, this result is relatively election commitments totalling achieved by focusing on core The efforts of Queenslanders in containing the health favourable compared with the 7.4 per $4.3 billion over four years. tasks, ensuring government resources are directed to where impacts of the COVID-19 pandemic have seen the State cent fall in national domestic activity. This Budget is focused on getting recover faster economically than others and this Budget they are needed most. Education and Importantly, Queensland’s success in our economy moving sooner. Priorities outlines the continued steps we will be taking on that training in 2020–21 containing the spread of the virus means include: Six workstreams have been recovery. $17.5B the June quarter is now expected to be the established to progress savings creating jobs This Budget will deliver on the Palaszczuk Labor lowest point in the COVID-19 economic opportunities under the plan, backing small businesses to support Government’s clearly defined priorities: safeguarding cycle, rather than the September quarter with a focus on government jobs and communities across the state Queenslanders’ health; supporting jobs; backing small as previously anticipated. The substantial advertising, accommodation, business; Making it for Queensland by supporting Health in 2020–21 and ongoing relaxation of restrictions, as increasing investment in data and ICT, workforce, structural Queensland manufacturers; building Queensland’s well as the income support and stimulus manufacturing including $1 billion to reform opportunities and agency $21.8B functional reviews. infrastructure; growing our regions; investing in skills; provided across all levels of government, make trains in Queensland again backing frontline services; and protecting our precious drove a strong rebound in domestic driving the largest infrastructure The plan reinforces the need to environment. activity in the September quarter. sustain effective frontline services Concessions program in over a decade of More than anything else, this Budget has a single Domestic and external conditions have $14.8 billion in 2020–21 by limiting secondments of and lowering the frontline workers to back-office overarching objective – creating more Queensland jobs. continued to evolve since the COVID-19 growing our regions and supporting cost of living roles and creating opportunities $6.3B Fiscal and Economic Review (C19-FER) key industries including tourism, 2020 has been a testing time for workers, families and for tasks to be reallocated to businesses and this Budget outlines the Government’s released in September but currently agriculture and mining appear to be on different trajectories. frontline roles. latest investments and initiatives as we continue to protecting the environment Unite and Recover. Building trains in Many indicators of Queensland’s The plan also strengthens providing more Queenslanders with oversight of non-frontline Queensland over domestic economy have continued to access to the skills and training they 10 years improve, but the resurgence of COVID-19 recruitment, a natural reduction $1B need for careers of senior executive service cases globally, weaker trading partner growth, and increasing trade and enhancing frontline services roles and greater utilisation of existing government buildings to geopolitical tensions mean the delivering lower debt than New South Social housing encourage public servants to work Cameron Dick MP global outlook has weakened further Wales and Victoria. improvements and remains the key risk to the closer to home. Treasurer in 2020–21 $526.2M State’s economic outlook. Minister for Investment
Queensland Budget 2020–21 3 SAFEGUARDING $21.8B INVESTING IN for health OUR HEALTH in 2020–21 FRONTLINE SERVICES
Throughout 2020 the government’s number one priority has been – and The Palaszczuk Government continues to focus on frontline service delivery by continues to be – safeguarding the health of all Queenslanders and building ensuring Queenslanders, no matter where they live, can receive the support community resilience by ensuring we are ready for any future coronavirus they need at the time they need it. This Budget continues that focus with outbreaks. This commitment continues in this Budget with total health investments in more nurses, doctors, other health professionals, teachers, funding of $21.8 billion this fi nancial year. community service staff , fi refi ghters, paramedics and police personnel.
Funding of $7.2 million over two years Over the next five years an additional $360.5 million in 2020–21 to continue PUBLIC SECTOR has been allocated for a new fire station 2,025 police personnel will be hired, BUILDING BETTER the support for Queensland Health, at Mount Cotton. and an additional 25 police beats will be Queensland Fire and Emergency Services Satellite FRONTLINE HEALTH FACILITIES established. and Queensland Police Service's More than 90 per cent of all Queensland Funding up to $36 million over four As part of the government’s ongoing responses to COVID-19. This builds on the hospitals public sector employees are working years is provided to Surf Life Saving An extra 357 firefighters will be commitment to support the delivery of government’s initial $1.2 billion COVID in frontline or frontline support roles Queensland to support its crucial efforts employed over the next five years to health services, $1.6 billion has been response plan for services including fever working closely with local communities in safeguarding Queenslanders and the help communities prevent, prepare for, allocated in the 2020–21 Budget for The Budget provides $265 million clinics, PPE, contract tracing, 13 HEALTH across the state. state’s visitors. The funding package respond to and recover from the impact infrastructure projects throughout to build seven satellite hospitals to services, costs of aeromedical services includes support for operational efforts of fires and other emergencies. the state. Among the projects are: deliver alternative models of care The Budget will support funding and the facilitation of quarantine in and $6 million for infrastructure projects. across South East Queensland, for additional frontline health staff The acquisition of a Large Aerial Tanker $979 million to enhance capacity and government arranged accommodation. A reducing the burden on our acute including 5,800 nurses, 1,500 doctors $500,000 has been provided in the based in Bundaberg will also deliver services at three major public hospitals further has been allocated to $3 million hospitals and allowing them to and 1,700 allied health professionals Budget to undertake a feasibility better bushfire fighting resources. in the South East Queensland growth continue psychosocial telephone support safely manage patient care. through to 2024. analysis on the suitability of the Work will also continue on the corridor involving the redevelopment of for people in mandatory hotel quarantine. former Townsville sports stadium to the Caboolture Hospital to increase its The satellite hospitals will The government will employ 6,190 new $15 million, 10-year commitment to over three years will be be a multi-agency emergency services capacity by 130 beds; expansion of the $100 million also provide virtual health teachers and 1,139 new teacher aides the Government Wireless Network invested to employ 464 additional headquarters for North Queensland. Logan Hospital to deliver an additional opportunities including a range over the next four years to support program that provides critical radio wellbeing professionals in Queensland 206 beds and refurbish the maternity of rapid access consults, care learning outcomes across the state. communications to police, ambulance ward; staged redevelopment of the state schools and to trial the placement of coordination, remote monitoring and firefighters to support public safety. Ipswich Hospital including new mental general practitioners in up to 20 schools. and patient literacy services. health facilities. $171 million has been committed for a The facilities are being planned $86.2 million for a Nambour Queensland Health palliative care strategy for Bribie Island, Caboolture, Hospital redevelopment. funding package through to 2025–26. Redlands, Pine Rivers/Hills District, Ipswich, Brisbane southside and $50.5 million for a Redland $77.4 million has been allocated in the southern Gold Coast. Supporting the frontline in Hospital parking upgrade. 2020–21 to deliver expanded access to specialist outpatient services. Since $45.5 million towards a Princess Planning for delivery of the 2015, over $500 million will have been Queensland’s health response Alexandra Hospital cladding project. hospitals is underway, with final invested to enable Queenslanders timely location and health services to Funding in the Budget will support an additional 475 ambulance $36.8 million for a Redcliff e Hospital access to specialist outpatient services. be determined by each local parking upgrade. operatives through to 2024. $61.9 million to deliver the Shifting health and hospital service $70 million for a Cairns Minds Flagship range of suicide in consultation with the local In 2020–21, the Queensland Ambulance Service will invest $55.8 million Hospital mental health unit. prevention initiatives including a community. in a series of infrastructure projects designed to provide our paramedics $46 million for a Thursday Crisis System Reform project for with improved operational facilities. This investment includes: Island health facility upgrade. crisis service delivery. completing new ambulance stations at Urraween, Yarrabilba and Continuation of projects at the Roma Continued delivery of Queensland Munruben; a new ambulance station and Local Ambulance Service Network Hospital ($116.6 million), Blackall Health’s activities through the Action offi ce at Drayton; and replacement stations at Kirwan and Mareeba Hospital ($20.1 million), Torres Strait on Ice plan to address use and harms commencing planning for new or replacement stations at Ormeau, Primary Health Care Centre caused by crystal methamphetamine Ripley and Caloundra South ($16.9 million) and the Cairns South including support for families, Aboriginal refurbishing of the Rockhampton ambulance station and Health Precinct ($14.9 million) and and Torres Strait Islander communities operations centre Atherton Hospital ($74.8 million). and health and related workforces. continuing planning for the redevelopment of the Southport ambulance Funds have also been allocated for a $5 million over two years for the delivery station and Gold Coast operations centre and the Cairns ambulance 40-bed mental health unit at Gold Coast of allied health and wellbeing facilities station and operations centre University Hospital, new ward fi t-out at the Clem Jones Centre in Brisbane. at QEII Hospital, Redland and Cairns commissioning 135 new and replacement ambulance vehicles and Hospital expansions and mental health continue the rollout of power assisted stretchers facilities at Rockhampton Hospital. investing in soft ware development projects to enhance patient care and integrated service delivery. 4 budget.qld.gov.au SAFEGUARDING $21.8B INVESTING IN for health OUR HEALTH in 2020–21 FRONTLINE SERVICES
Throughout 2020 the government’s number one priority has been – and The Palaszczuk Government continues to focus on frontline service delivery by continues to be – safeguarding the health of all Queenslanders and building ensuring Queenslanders, no matter where they live, can receive the support community resilience by ensuring we are ready for any future coronavirus they need at the time they need it. This Budget continues that focus with outbreaks. This commitment continues in this Budget with total health investments in more nurses, doctors, other health professionals, teachers, funding of $21.8 billion this fi nancial year. community service staff , fi refi ghters, paramedics and police personnel.
Funding of $7.2 million over two years Over the next five years an additional $360.5 million in 2020–21 to continue PUBLIC SECTOR has been allocated for a new fire station 2,025 police personnel will be hired, BUILDING BETTER the support for Queensland Health, at Mount Cotton. and an additional 25 police beats will be Queensland Fire and Emergency Services Satellite FRONTLINE HEALTH FACILITIES established. and Queensland Police Service's More than 90 per cent of all Queensland Funding up to $36 million over four As part of the government’s ongoing responses to COVID-19. This builds on the hospitals public sector employees are working years is provided to Surf Life Saving An extra 357 firefighters will be commitment to support the delivery of government’s initial $1.2 billion COVID in frontline or frontline support roles Queensland to support its crucial efforts employed over the next five years to health services, $1.6 billion has been response plan for services including fever working closely with local communities in safeguarding Queenslanders and the help communities prevent, prepare for, allocated in the 2020–21 Budget for The Budget provides $265 million clinics, PPE, contract tracing, 13 HEALTH across the state. state’s visitors. The funding package respond to and recover from the impact infrastructure projects throughout to build seven satellite hospitals to services, costs of aeromedical services includes support for operational efforts of fires and other emergencies. the state. Among the projects are: deliver alternative models of care The Budget will support funding and the facilitation of quarantine in and $6 million for infrastructure projects. across South East Queensland, for additional frontline health staff The acquisition of a Large Aerial Tanker $979 million to enhance capacity and government arranged accommodation. A reducing the burden on our acute including 5,800 nurses, 1,500 doctors $500,000 has been provided in the based in Bundaberg will also deliver services at three major public hospitals further has been allocated to $3 million hospitals and allowing them to and 1,700 allied health professionals Budget to undertake a feasibility better bushfire fighting resources. in the South East Queensland growth continue psychosocial telephone support safely manage patient care. through to 2024. analysis on the suitability of the Work will also continue on the corridor involving the redevelopment of for people in mandatory hotel quarantine. former Townsville sports stadium to the Caboolture Hospital to increase its The satellite hospitals will The government will employ 6,190 new $15 million, 10-year commitment to over three years will be be a multi-agency emergency services capacity by 130 beds; expansion of the $100 million also provide virtual health teachers and 1,139 new teacher aides the Government Wireless Network invested to employ 464 additional headquarters for North Queensland. Logan Hospital to deliver an additional opportunities including a range over the next four years to support program that provides critical radio wellbeing professionals in Queensland 206 beds and refurbish the maternity of rapid access consults, care learning outcomes across the state. communications to police, ambulance ward; staged redevelopment of the state schools and to trial the placement of coordination, remote monitoring and firefighters to support public safety. Ipswich Hospital including new mental general practitioners in up to 20 schools. and patient literacy services. health facilities. $171 million has been committed for a The facilities are being planned $86.2 million for a Nambour Queensland Health palliative care strategy for Bribie Island, Caboolture, Hospital redevelopment. funding package through to 2025–26. Redlands, Pine Rivers/Hills District, Ipswich, Brisbane southside and $50.5 million for a Redland $77.4 million has been allocated in the southern Gold Coast. Supporting the frontline in Hospital parking upgrade. 2020–21 to deliver expanded access to specialist outpatient services. Since $45.5 million towards a Princess Planning for delivery of the 2015, over $500 million will have been Queensland’s health response Alexandra Hospital cladding project. hospitals is underway, with final invested to enable Queenslanders timely location and health services to Funding in the Budget will support an additional 475 ambulance $36.8 million for a Redcliff e Hospital access to specialist outpatient services. be determined by each local parking upgrade. operatives through to 2024. $61.9 million to deliver the Shifting health and hospital service $70 million for a Cairns Minds Flagship range of suicide in consultation with the local In 2020–21, the Queensland Ambulance Service will invest $55.8 million Hospital mental health unit. prevention initiatives including a community. in a series of infrastructure projects designed to provide our paramedics $46 million for a Thursday Crisis System Reform project for with improved operational facilities. This investment includes: Island health facility upgrade. crisis service delivery. completing new ambulance stations at Urraween, Yarrabilba and Continuation of projects at the Roma Continued delivery of Queensland Munruben; a new ambulance station and Local Ambulance Service Network Hospital ($116.6 million), Blackall Health’s activities through the Action offi ce at Drayton; and replacement stations at Kirwan and Mareeba Hospital ($20.1 million), Torres Strait on Ice plan to address use and harms commencing planning for new or replacement stations at Ormeau, Primary Health Care Centre caused by crystal methamphetamine Ripley and Caloundra South ($16.9 million) and the Cairns South including support for families, Aboriginal refurbishing of the Rockhampton ambulance station and Health Precinct ($14.9 million) and and Torres Strait Islander communities operations centre Atherton Hospital ($74.8 million). and health and related workforces. continuing planning for the redevelopment of the Southport ambulance Funds have also been allocated for a $5 million over two years for the delivery station and Gold Coast operations centre and the Cairns ambulance 40-bed mental health unit at Gold Coast of allied health and wellbeing facilities station and operations centre University Hospital, new ward fi t-out at the Clem Jones Centre in Brisbane. at QEII Hospital, Redland and Cairns commissioning 135 new and replacement ambulance vehicles and Hospital expansions and mental health continue the rollout of power assisted stretchers facilities at Rockhampton Hospital. investing in soft ware development projects to enhance patient care and integrated service delivery. Queensland Budget 2020–21 5 BACKING INVESTING $17.5B for education SMALL BUSINESS IN SKILLS and training in 2020–21
Small businesses are the backbone of the $500M FUND Queensland’s future economic prosperity depends on having a skilled Queensland economy. This Budget continues to BACKS QLD workforce. This Budget continues the Palaszczuk Government’s investment to support small businesses which represent more BUSINESSES ensure the current and future workforce has the highly skilled and adaptable than 97 per cent of all businesses in the state employees needed to support economic growth in the decades ahead. The $500 million Backing Queensland and employ around 42 per cent of all private Business Investment Fund will target investments in businesses that: sector workers. Investing almost $1 billion over four This Budget provides $200 million to are based in Queensland and will SUPPORTING years for school upgrades through invest in the future skills requirements create Queensland-based jobs the Great Schools, Great Future of Queenslanders. This includes $140 million has been allocated to TEACHERS AND have a proven product and defi ned commitment, including $394.2 million additional funding of $83.4 million BACKING help small businesses to boost their market opportunity but require STUDENTS for new classrooms and administration for future skilling programs, including competitiveness and resilience. BUSINESS signifi cant capital to aggressively The Queensland Government will buildings, $235 million for new or $32.4 million over two years for the This includes: Small businesses across the state build scale or grow market share continue to support Queensland’s upgraded multi-purpose school TAFE Priority Skills Fund; $25 million for an initial $100 million Business halls and performing arts centres, pre-apprenticeship support as well as have been among the hardest hit by are relatively mature, well beyond students and teachers by ensuring Investment Fund for small and $100 million for infrastructure renewal, funding for the development of a digital the economic impacts of COVID-19. In proof-of-concept and are profi table state schools and training facilities medium sized businesses that have $180 million for capital projects at professional workforce plan and a range response to the pandemic the Palaszczuk or approaching profi tability can meet enrolment demand and the Government implemented a number of signifi cant growth potential requirements of the rapidly changing Catholic and Independent schools, of other skilling initiatives. are seeking capital to expand or programs and initiatives to support small $30 million including grants and learning environment. $45 million for shovel-ready school This investment also includes restructure operations, enter new projects and $20 million for planning businesses, their employees and the small business support Funding in this Budget includes $100 million over three years to communities they serve. markets or fi nance signifi cant new schools. funding for the newly established acquisition investment in new schools facilitated by upgrade TAFE campuses. These programs included: Offi ce of the Queensland Small the $1.7 billion Building Future Schools Continuation of $477 million in have well-established and reputable $21 million has also been provided Business Commissioner to provide Fund, which includes $346.2 million funding over five years (from 2019–20) $1 billion in concessional jobs owners who are committed to to extend Free TAFE and Free information and advocacy for the for four new schools opening in 2022 for the Cooler Cleaner Schools Program support loans, interest free for growing the business from and apprenticeships to Queenslanders state’s small business operators. and 2023, completion of the Lee Street to air-condition state schools and 12 months, to support businesses to in Queensland. aged under 25. This opportunity has Special School at Caboolture and land expand the Advancing Clean Energy already been available to Queenslanders keep Queenslanders in work. More The government is supporting small The fund will be managed between acquisitions for future new schools. in Schools program. aged under 21, providing training than 6,900 Queensland businesses business by introducing a procurement Queensland Treasury and QIC. $8 million has been provided over four opportunities to more than 24,000 have drawn down loans from the target, with 25 per cent of all This is in addition to the eight new years for the establishment of new young people. Extending that to under scheme supporting over 86,000 local government spend to go to small and schools that opened in 2020 and the Homework Hubs in 120 Queensland 25s means another 37,000 young jobs. Almost 90 per cent of businesses medium businesses. The Queensland five new schools that will open in 2021, state schools where children will be Queenslanders will be able to get accessing loans were small, having 20 Government's on-time payment program including the Brisbane South State supervised by teacher aides to alleviate world-class vocational training for employees or fewer is improving payment practices and Secondary College. pressure on parents. free in priority qualifications. substantial State Government tax timeframes. relief across the 2019–20 and The government is embedding a Buy 2020–21 years through payroll Queensland approach to procurement by tax refunds, payment waivers and providing advice, support, frameworks deferrals; exemptions for payroll and tools that enable government tax on JobKeeper payments; land agencies to pursue economic, Working and learning tax relief, deferrals and payment environmental and social outcomes. extensions; and the deferral of gaming from home This includes increasing opportunities machine tax and health services levy for local suppliers, growing regional payments until June 2021 The year 2020 has thrown countless challenges at economies and embedding non-price Queenslanders, including enforced remote working up to $196 million in Small Business considerations (e.g. social procurement arrangements and learning practices due to the Adaption Grants of up to $10,000 and local benefits) into government onset of the COVID-19 pandemic. $100 million in electricity bill relief procurement processes. Not only did millions of Queenslanders commence for small businesses; along with More than $81.6 million has been working from home and undertake home schooling $54.5 million to support the transport allocated over three years to reduce activities, but the digital requirements and skills industry as well as support for Far irrigation water charges for the state’s have also changed. North Queensland ports and related farmers and fruit and vegetable businesses. growing businesses. Queensland will continue partnering with the Australian Government to deliver the JobTrainer Fund to prioritise no or low fee training places for jobseekers, school leavers and young people to support them into jobs as part of the economic recovery from the COVID-19 pandemic.
6 budget.qld.gov.au BACKING INVESTING $17.5B for education SMALL BUSINESS IN SKILLS and training in 2020–21
Small businesses are the backbone of the $500M FUND Queensland’s future economic prosperity depends on having a skilled Queensland economy. This Budget continues to BACKS QLD workforce. This Budget continues the Palaszczuk Government’s investment to support small businesses which represent more BUSINESSES ensure the current and future workforce has the highly skilled and adaptable than 97 per cent of all businesses in the state employees needed to support economic growth in the decades ahead. The $500 million Backing Queensland and employ around 42 per cent of all private Business Investment Fund will target investments in businesses that: sector workers. Investing almost $1 billion over four This Budget provides $200 million to are based in Queensland and will SUPPORTING years for school upgrades through invest in the future skills requirements create Queensland-based jobs the Great Schools, Great Future of Queenslanders. This includes $140 million has been allocated to TEACHERS AND have a proven product and defi ned commitment, including $394.2 million additional funding of $83.4 million BACKING help small businesses to boost their market opportunity but require STUDENTS for new classrooms and administration for future skilling programs, including competitiveness and resilience. BUSINESS signifi cant capital to aggressively The Queensland Government will buildings, $235 million for new or $32.4 million over two years for the This includes: Small businesses across the state build scale or grow market share continue to support Queensland’s upgraded multi-purpose school TAFE Priority Skills Fund; $25 million for an initial $100 million Business halls and performing arts centres, pre-apprenticeship support as well as have been among the hardest hit by are relatively mature, well beyond students and teachers by ensuring Investment Fund for small and $100 million for infrastructure renewal, funding for the development of a digital the economic impacts of COVID-19. In proof-of-concept and are profi table state schools and training facilities medium sized businesses that have $180 million for capital projects at professional workforce plan and a range response to the pandemic the Palaszczuk or approaching profi tability can meet enrolment demand and the Government implemented a number of signifi cant growth potential requirements of the rapidly changing Catholic and Independent schools, of other skilling initiatives. are seeking capital to expand or programs and initiatives to support small $30 million including grants and learning environment. $45 million for shovel-ready school This investment also includes restructure operations, enter new projects and $20 million for planning businesses, their employees and the small business support Funding in this Budget includes $100 million over three years to communities they serve. markets or fi nance signifi cant new schools. funding for the newly established acquisition investment in new schools facilitated by upgrade TAFE campuses. These programs included: Offi ce of the Queensland Small the $1.7 billion Building Future Schools Continuation of $477 million in have well-established and reputable $21 million has also been provided Business Commissioner to provide Fund, which includes $346.2 million funding over five years (from 2019–20) $1 billion in concessional jobs owners who are committed to to extend Free TAFE and Free information and advocacy for the for four new schools opening in 2022 for the Cooler Cleaner Schools Program support loans, interest free for growing the business from and apprenticeships to Queenslanders state’s small business operators. and 2023, completion of the Lee Street to air-condition state schools and 12 months, to support businesses to in Queensland. aged under 25. This opportunity has Special School at Caboolture and land expand the Advancing Clean Energy already been available to Queenslanders keep Queenslanders in work. More The government is supporting small The fund will be managed between acquisitions for future new schools. in Schools program. aged under 21, providing training than 6,900 Queensland businesses business by introducing a procurement Queensland Treasury and QIC. $8 million has been provided over four opportunities to more than 24,000 have drawn down loans from the target, with 25 per cent of all This is in addition to the eight new years for the establishment of new young people. Extending that to under scheme supporting over 86,000 local government spend to go to small and schools that opened in 2020 and the Homework Hubs in 120 Queensland 25s means another 37,000 young jobs. Almost 90 per cent of businesses medium businesses. The Queensland five new schools that will open in 2021, state schools where children will be Queenslanders will be able to get accessing loans were small, having 20 Government's on-time payment program including the Brisbane South State supervised by teacher aides to alleviate world-class vocational training for employees or fewer is improving payment practices and Secondary College. pressure on parents. free in priority qualifications. substantial State Government tax timeframes. relief across the 2019–20 and The government is embedding a Buy 2020–21 years through payroll Queensland approach to procurement by tax refunds, payment waivers and providing advice, support, frameworks deferrals; exemptions for payroll and tools that enable government tax on JobKeeper payments; land agencies to pursue economic, Working and learning tax relief, deferrals and payment environmental and social outcomes. extensions; and the deferral of gaming from home This includes increasing opportunities machine tax and health services levy for local suppliers, growing regional payments until June 2021 The year 2020 has thrown countless challenges at economies and embedding non-price Queenslanders, including enforced remote working up to $196 million in Small Business considerations (e.g. social procurement arrangements and learning practices due to the Adaption Grants of up to $10,000 and local benefits) into government onset of the COVID-19 pandemic. $100 million in electricity bill relief procurement processes. Not only did millions of Queenslanders commence for small businesses; along with More than $81.6 million has been working from home and undertake home schooling $54.5 million to support the transport allocated over three years to reduce activities, but the digital requirements and skills industry as well as support for Far irrigation water charges for the state’s have also changed. North Queensland ports and related farmers and fruit and vegetable businesses. growing businesses. Queensland will continue partnering with the Australian Government to deliver the JobTrainer Fund to prioritise no or low fee training places for jobseekers, school leavers and young people to support them into jobs as part of the economic recovery from the COVID-19 pandemic.
Queensland Budget 2020–21 7 BUILDING QUEENSLAND Strengthening Queensland's spine – the Bruce Highway Infrastructure investment will continue to support WORLD-CLASS Queensland’s economic recovery, grow the state’s CORRECTIONAL Connecting communities across almost 1,700 $662.5 million for upgrades between Caboolture- regions and underpin business-led growth. The PRECINCT kilometres, the Bruce Highway is critical for ensuring Bribie Island Road and Steve Irwin Way capital program will directly support substantial freight, holiday travel and commuter traffi c is safe and $514.3 million to construct bridges and approaches Construction is expected to commence effi cient. The Queensland Government will continue on the Haughton River Floodplain employment and economic activity across all during this Budget period on the to work with the Australian Government to deliver the Bruce Highway Upgrade Program, aimed at improving $481 million for widening as part of the Cairns $654 million expansion of the Southern Access Corridor Stage 3 regions, with the $14.8 billion capital program in Southern Queensland Correctional safety, flood resilience and capacity along its length. $230 million for the Townsville Ring Road (Stage 5) 2020–21 estimated to support 46,000 jobs. Precinct near Gatton The 2020–21 capital program incorporates several key $158 million for widening as part of Rockhampton The 2020–21 Budget includes projects on the Bruce Highway, supporting jobs across Northern Access (Stage 1). $110.2 million with building on the regions, including: BUILDING FOR upgrade, and the Yatala South (Exit the expansion expected to start $1.1 billion for the Rockhampton Ring Road In addition, the Queensland Government has committed 41) and Pimpama (Exit 49) interchange early in 2021. an additional in state funding towards a $1 billion to construct Cooroy to Curra Section D $100 million THE FUTURE upgrades. The M1 program of works is A number of major benefits will be $500 million funding injection for the Bruce Highway complemented by the jointly funded $932.2 million for widening between Caloundra Road (subject to negotiation with the Australian Government), The government’s capital works program achieved through the construction of $1.5 billion Coomera Connector (Stage and Sunshine Motorway noting the Queensland Government’s priority for in 2020–21 will deliver a wide range of a new 1,000-bed correctional centre, 1) project between Nerang and Coomera, upgrades between Mackay and Proserpine, and between projects across the state with around including the delivery of over 400 jobs to provide for a ‘second M1’. Gladstone and Rockhampton. 58 per cent of the capital program and in the Lockyer Valley region with up 28,700 of the jobs supported being Among other major highway projects to 900 jobs supported during peak outside the Greater Brisbane area. ongoing are: periods of construction. In 2020–21, the government will work on the $400 million Ipswich This new facility, with a therapeutic deliver a $6.3 billion investment in Motorway upgrade from Rocklea health-centred operating model, will transformative transport infrastructure. to Darra help address substance addiction Highlights of the 2020–21 transport work on the $164 million Smithfi eld and mental health issues. Further, capital program include $1.5 billion to Bypass on the Captain Cook highway. it will enable Queensland Corrective continue construction work on Cross Services and Queensland Health to River Rail, and substantial ongoing $709.9 million in joint funding is provide rehabilitation and treatment investment to fund major upgrades allocated for the Gold Coast Light Rail in a world-class correctional facility. to the M1 Pacific Motorway and Stage 3A, to extend the line south to The new facility will ease overcrowding the Bruce Highway. Burleigh Heads. Work is continuing on across Queensland’s correctional the $550.8 million jointly funded North Construction of Cross River Rail services system and deliver a safer Coast Rail Line between Beerburrum environment for staff and the commenced in 2019 and is being and Nambour. delivered across three major works prison population. The government’s capital program Construction on the new $175 million Browne Park in Rockhampton, the home packages and multiple worksites. The Joint State and Australian Government includes providing grants to councils 1,500 seat performing arts venue at of rugby league in Central Queensland, new 10.2km rail line from Dutton Park funding of $244 million has been and non-government organisations to Brisbane South Bank will continue over will be expanded in stage one to to Bowen Hills will increase network allocated for the Centenary Bridge support their work within communities the next two years. When completed the accommodate approximately 4,000 capacity and support 7,700 full-time upgrade which will greatly improve traffic across Queensland. In total, the new theatre will provide the potential seats with $25 million in funding. equivalent jobs and 450 apprenticeship movement to Brisbane’s west. government will provide $2.2 billion in for an additional 300,000 visitors to In Brisbane, the Ballymore Precinct will and traineeship opportunities during The Budget also includes substantial capital grants in 2020–21, including the Queensland Performing Arts undergo a major redevelopment with construction. The project also includes Centre each year. ongoing investment in key infrastructure $180 million to all local governments a $15 million state contribution, to a series of new train stations and supporting the state’s delivery of through the government’s $200 million support a range of rugby union programs upgrades to existing stations. enhanced justice and public safety COVID Works for Queensland program STADIUMS AND including the National Rugby Training The M1 Pacific Motorway is the services, including $178 million over to support jobs and provide economic Centre, women’s rugby and other local state’s busiest major highway and three years from 2019–20 on additional stimulus to local economies. SPORT FACILITIES sporting teams. plays an important role in connecting youth justice infrastructure. $52.2 million will be invested in The government has committed to $20 million has been allocated over two communities across South East In 2020–21 $526.2 million will be 2020–21 to continue work on the funding new stadiums across the state years for the upgrade of the Sunshine Queensland. The $3.4 billion M1 invested through capital purchases $232 million channel capacity upgrade to improve patron and player facilities Coast Stadium, $43 million over three program of works, jointly funded and grants to construct new social at the Port of Townsville. and support local jobs. years for local community sporting by the Australian and Queensland housing dwellings, upgrade existing $4 million has been allocated for initial infrastructure, and work will continue on governments, includes major projects Harrup Park in Mackay will become a hub properties and provide housing services, planning for a new Bribie Island Bridge. the $35 million upgrade of the Gabba such as the Varsity Lakes to Tugun for marquee cricket and AFL events with including in Indigenous communities. Stadium in Brisbane. upgrade, Eight Mile Plains to Daisy Hill $10 million in state funding earmarked for Stage One of the development.
8 budget.qld.gov.au BUILDING QUEENSLAND Strengthening Queensland's spine – the Bruce Highway Infrastructure investment will continue to support WORLD-CLASS Queensland’s economic recovery, grow the state’s CORRECTIONAL Connecting communities across almost 1,700 $662.5 million for upgrades between Caboolture- regions and underpin business-led growth. The PRECINCT kilometres, the Bruce Highway is critical for ensuring Bribie Island Road and Steve Irwin Way capital program will directly support substantial freight, holiday travel and commuter traffi c is safe and $514.3 million to construct bridges and approaches Construction is expected to commence effi cient. The Queensland Government will continue on the Haughton River Floodplain employment and economic activity across all during this Budget period on the to work with the Australian Government to deliver the Bruce Highway Upgrade Program, aimed at improving $481 million for widening as part of the Cairns $654 million expansion of the Southern Access Corridor Stage 3 regions, with the $14.8 billion capital program in Southern Queensland Correctional safety, flood resilience and capacity along its length. $230 million for the Townsville Ring Road (Stage 5) 2020–21 estimated to support 46,000 jobs. Precinct near Gatton The 2020–21 capital program incorporates several key $158 million for widening as part of Rockhampton The 2020–21 Budget includes projects on the Bruce Highway, supporting jobs across Northern Access (Stage 1). $110.2 million with building on the regions, including: BUILDING FOR upgrade, and the Yatala South (Exit the expansion expected to start $1.1 billion for the Rockhampton Ring Road In addition, the Queensland Government has committed 41) and Pimpama (Exit 49) interchange early in 2021. an additional in state funding towards a $1 billion to construct Cooroy to Curra Section D $100 million THE FUTURE upgrades. The M1 program of works is A number of major benefits will be $500 million funding injection for the Bruce Highway complemented by the jointly funded $932.2 million for widening between Caloundra Road (subject to negotiation with the Australian Government), The government’s capital works program achieved through the construction of $1.5 billion Coomera Connector (Stage and Sunshine Motorway noting the Queensland Government’s priority for in 2020–21 will deliver a wide range of a new 1,000-bed correctional centre, 1) project between Nerang and Coomera, upgrades between Mackay and Proserpine, and between projects across the state with around including the delivery of over 400 jobs to provide for a ‘second M1’. Gladstone and Rockhampton. 58 per cent of the capital program and in the Lockyer Valley region with up 28,700 of the jobs supported being Among other major highway projects to 900 jobs supported during peak outside the Greater Brisbane area. ongoing are: periods of construction. In 2020–21, the government will work on the $400 million Ipswich This new facility, with a therapeutic deliver a $6.3 billion investment in Motorway upgrade from Rocklea health-centred operating model, will transformative transport infrastructure. to Darra help address substance addiction Highlights of the 2020–21 transport work on the $164 million Smithfi eld and mental health issues. Further, capital program include $1.5 billion to Bypass on the Captain Cook highway. it will enable Queensland Corrective continue construction work on Cross Services and Queensland Health to River Rail, and substantial ongoing $709.9 million in joint funding is provide rehabilitation and treatment investment to fund major upgrades allocated for the Gold Coast Light Rail in a world-class correctional facility. to the M1 Pacific Motorway and Stage 3A, to extend the line south to The new facility will ease overcrowding the Bruce Highway. Burleigh Heads. Work is continuing on across Queensland’s correctional the $550.8 million jointly funded North Construction of Cross River Rail services system and deliver a safer Coast Rail Line between Beerburrum environment for staff and the commenced in 2019 and is being and Nambour. delivered across three major works prison population. The government’s capital program Construction on the new $175 million Browne Park in Rockhampton, the home packages and multiple worksites. The Joint State and Australian Government includes providing grants to councils 1,500 seat performing arts venue at of rugby league in Central Queensland, new 10.2km rail line from Dutton Park funding of $244 million has been and non-government organisations to Brisbane South Bank will continue over will be expanded in stage one to to Bowen Hills will increase network allocated for the Centenary Bridge support their work within communities the next two years. When completed the accommodate approximately 4,000 capacity and support 7,700 full-time upgrade which will greatly improve traffic across Queensland. In total, the new theatre will provide the potential seats with $25 million in funding. equivalent jobs and 450 apprenticeship movement to Brisbane’s west. government will provide $2.2 billion in for an additional 300,000 visitors to In Brisbane, the Ballymore Precinct will and traineeship opportunities during The Budget also includes substantial capital grants in 2020–21, including the Queensland Performing Arts undergo a major redevelopment with construction. The project also includes Centre each year. ongoing investment in key infrastructure $180 million to all local governments a $15 million state contribution, to a series of new train stations and supporting the state’s delivery of through the government’s $200 million support a range of rugby union programs upgrades to existing stations. enhanced justice and public safety COVID Works for Queensland program STADIUMS AND including the National Rugby Training The M1 Pacific Motorway is the services, including $178 million over to support jobs and provide economic Centre, women’s rugby and other local state’s busiest major highway and three years from 2019–20 on additional stimulus to local economies. SPORT FACILITIES sporting teams. plays an important role in connecting youth justice infrastructure. $52.2 million will be invested in The government has committed to $20 million has been allocated over two communities across South East In 2020–21 $526.2 million will be 2020–21 to continue work on the funding new stadiums across the state years for the upgrade of the Sunshine Queensland. The $3.4 billion M1 invested through capital purchases $232 million channel capacity upgrade to improve patron and player facilities Coast Stadium, $43 million over three program of works, jointly funded and grants to construct new social at the Port of Townsville. and support local jobs. years for local community sporting by the Australian and Queensland housing dwellings, upgrade existing $4 million has been allocated for initial infrastructure, and work will continue on governments, includes major projects Harrup Park in Mackay will become a hub properties and provide housing services, planning for a new Bribie Island Bridge. the $35 million upgrade of the Gabba such as the Varsity Lakes to Tugun for marquee cricket and AFL events with including in Indigenous communities. Stadium in Brisbane. upgrade, Eight Mile Plains to Daisy Hill $10 million in state funding earmarked for Stage One of the development.
Queensland Budget 2020–21 9 GROWING SUPPORTING RENEWABLE OUR REGIONS ENERGY IN QUEENSLAND
Queensland’s publicly-owned clean energy generator, CleanCo, is set to build, own, and operate the $250 million 102.6 megawatt Karara Wind Farm in the Darling Downs. With almost half of Queensland’s population living outside of Greater Brisbane, Karara will be part of the MacIntyre Wind Farm Precinct being the Palaszczuk Government is strongly focused on delivering the necessary developed by Acciona Australia, with a project value of around $2 billion. CleanCo is also supporting the larger precinct by support to enable our regions to grow and economically prosper. agreeing to purchase a further 400 megawatts of renewable energy from Acciona. With CleanCo’s involvement, the precinct development will achieve a local spend on the Darling Downs of more than $500 million during construction, supporting 400 jobs and local businesses. The development will be progressively In 2020–21 funds have been allocated Funds have also been allocated to connected to the grid from 2022. Queensland’s own representing more than $8.5 billion in investment and SUPPORTING for the establishment of the Office of support the CopperString 2.0 electricity government-owned transmission business, Powerlink, has supporting more than 7,000 jobs. THE REGIONS Rural and Remote Health to improve transmission project. This has the already commenced working on the connection of the project The fund will complement the government’s $145 million health outcomes for Queenslanders. potential to fast track resource operations to the national electricity grid, supporting a further 240 jobs. commitment to establish three Queensland Renewable Energy The 2020–21 Budget contains a wide in the North West Minerals Province and Zones – northern, central and southern. range of programs and initiatives As the most disaster-impacted state in The Karara Wind Farm is one of a number of major renewable support renewable energy generation. developed to support the regions. Australia, it remains imperative to assist energy projects being built or in the planning stage across In these areas, the government will undertake strategic network Among these are: local communities prepare for natural Queensland. The renewable energy sector will be supported investments, streamline the development of new renewable disaster. $10.5 million will be delivered further through a $500 million Renewable Energy Fund energy projects, and work to match industrial energy demand An additional $200 million for the Works WATER FOR in 2020–21 as part of the five-year, announced in September. Already Queensland has seen 44 with renewable energy to grow Queensland’s position as for Queensland program to support jointly funded $65 million Queensland THE FUTURE large-scale renewable energy projects commence operations, an investment destination and create more jobs as part of local governments outside South East Resilience and Risk Reduction Fund. under construction or financially committed since 2015, Queensland’s COVID-19 road to recovery blueprint. Queensland. The latest investment takes Having a clean, safe and affordable total funding to $800 million in Works $30 million to support the upgrade water supply is crucial for communities for Queensland and provides councils to infrastructure at the Ports North- and businesses across the state. This with job-creating maintenance and minor owned Cairns Marine Precinct Budget outlines a number of projects infrastructure projects relating to assets and fund a business case for the supporting these outcomes and include: Backing tourism businesses owned or controlled by local governments. future development of the precinct. Government-owned water businesses Construction of two new wharves In addition, $180 million in 2020–21 Sunwater and Seqwater have and additional early works to upgrade has been fast-tracked funding to support budgeted over $150 million for dam services are expected to expand job retention across the State during improvement projects in 2020–21. Tourism, events and arts businesses were among the fi rst Cairns’ capacity to carry out in-water the impacts of COVID-19. Councils have These will ensure dams continue to sectors to feel the impacts of COVID-19. maintenance on vessels used operate safely during extreme weather estimated that the program will support One of the State’s biggest tourism attractions and by the Australian Defence Force and deliver signifi cant investment into more than 4,600 jobs. environmental wonders – the Great Barrier Reef – will benefi t and Border Force. the Queensland economy and support from an additional $40 million worth of support. This includes Also in the Far North is $6.8 million jobs. Construction in 2020–21 $10 million for a Reef Assist Program and $6 million over four over two years for a new film production include works at the Ewen Maddock years for the GBR Island Arks project to deliver ecotourism studio. Dam and Paradise Dam. in the region. A further $27.1 million has been allocated to The refurbished and expanded Cairns $42.5 million over three years from support reef water quality activities. The latest reef funding Convention Centre is due to reopen for 2021–22 for the proposed $80 million builds on more than $400 million committed by the Palaszczuk business in February 2021 following Bundaberg flood levee to protect the Government since 2015. a $176 million investment by the local community from widespread Queensland Government. inundation. Additional support includes $5 million in grants to support regional tourism operators reliant on international tourism The Queensland Government is $40 million has been committed to to redesign their businesses; $25 million in 2020–21 in contributing $195 million to the support the proposed $175 million the Growing Tourism Infrastructure Fund; $25 million in Townville City Council toward Stage 2 Wellcamp entertainment precinct near the Queensland Tourism Icons program; and $15 million in of the Haughton Pipeline which will Toowoomba while funds have been aviation industry support. allocated for the completion of the connect to earlier stages of the project $7.5 million Highfields to Toowoomba and ultimately improve water security The #GoodToGo promotional campaign will continue to bikeway. for the North Queensland region. underpin Queensland tourist operators including the Year of the Outback Tourism activities, while $7 million has been allocated River-based works associated with $21 million over two years to revitalise to assist grow Indigenous tourism programs. Queensland’s coastal shipping industry the Rookwood Weir project west and create maritime jobs, including the of Rockhampton are expected to $20 million over four years has been allocated for a Tourism establishment of a new shipping service commence in April 2021. Once Activation Fund, a further $20 million over four years will assist between Townsville and Brisbane. completed the weir will add up to event attractions, while $15 million will establish a regional 76,000 megalitres of extra water supply tourism organisation fund. for the Central Queensland region.
10 budget.qld.gov.au GROWING SUPPORTING RENEWABLE OUR REGIONS ENERGY IN QUEENSLAND
Queensland’s publicly-owned clean energy generator, CleanCo, is set to build, own, and operate the $250 million 102.6 megawatt Karara Wind Farm in the Darling Downs. With almost half of Queensland’s population living outside of Greater Brisbane, Karara will be part of the MacIntyre Wind Farm Precinct being the Palaszczuk Government is strongly focused on delivering the necessary developed by Acciona Australia, with a project value of around $2 billion. CleanCo is also supporting the larger precinct by support to enable our regions to grow and economically prosper. agreeing to purchase a further 400 megawatts of renewable energy from Acciona. With CleanCo’s involvement, the precinct development will achieve a local spend on the Darling Downs of more than $500 million during construction, supporting 400 jobs and local businesses. The development will be progressively In 2020–21 funds have been allocated Funds have also been allocated to connected to the grid from 2022. Queensland’s own representing more than $8.5 billion in investment and SUPPORTING for the establishment of the Office of support the CopperString 2.0 electricity government-owned transmission business, Powerlink, has supporting more than 7,000 jobs. THE REGIONS Rural and Remote Health to improve transmission project. This has the already commenced working on the connection of the project The fund will complement the government’s $145 million health outcomes for Queenslanders. potential to fast track resource operations to the national electricity grid, supporting a further 240 jobs. commitment to establish three Queensland Renewable Energy The 2020–21 Budget contains a wide in the North West Minerals Province and Zones – northern, central and southern. range of programs and initiatives As the most disaster-impacted state in The Karara Wind Farm is one of a number of major renewable support renewable energy generation. developed to support the regions. Australia, it remains imperative to assist energy projects being built or in the planning stage across In these areas, the government will undertake strategic network Among these are: local communities prepare for natural Queensland. The renewable energy sector will be supported investments, streamline the development of new renewable disaster. $10.5 million will be delivered further through a $500 million Renewable Energy Fund energy projects, and work to match industrial energy demand An additional $200 million for the Works WATER FOR in 2020–21 as part of the five-year, announced in September. Already Queensland has seen 44 with renewable energy to grow Queensland’s position as for Queensland program to support jointly funded $65 million Queensland THE FUTURE large-scale renewable energy projects commence operations, an investment destination and create more jobs as part of local governments outside South East Resilience and Risk Reduction Fund. under construction or financially committed since 2015, Queensland’s COVID-19 road to recovery blueprint. Queensland. The latest investment takes Having a clean, safe and affordable total funding to $800 million in Works $30 million to support the upgrade water supply is crucial for communities for Queensland and provides councils to infrastructure at the Ports North- and businesses across the state. This with job-creating maintenance and minor owned Cairns Marine Precinct Budget outlines a number of projects infrastructure projects relating to assets and fund a business case for the supporting these outcomes and include: Backing tourism businesses owned or controlled by local governments. future development of the precinct. Government-owned water businesses Construction of two new wharves In addition, $180 million in 2020–21 Sunwater and Seqwater have and additional early works to upgrade has been fast-tracked funding to support budgeted over $150 million for dam services are expected to expand job retention across the State during improvement projects in 2020–21. Tourism, events and arts businesses were among the fi rst Cairns’ capacity to carry out in-water the impacts of COVID-19. Councils have These will ensure dams continue to sectors to feel the impacts of COVID-19. maintenance on vessels used operate safely during extreme weather estimated that the program will support One of the State’s biggest tourism attractions and by the Australian Defence Force and deliver signifi cant investment into more than 4,600 jobs. environmental wonders – the Great Barrier Reef – will benefi t and Border Force. the Queensland economy and support from an additional $40 million worth of support. This includes Also in the Far North is $6.8 million jobs. Construction in 2020–21 $10 million for a Reef Assist Program and $6 million over four over two years for a new film production include works at the Ewen Maddock years for the GBR Island Arks project to deliver ecotourism studio. Dam and Paradise Dam. in the region. A further $27.1 million has been allocated to The refurbished and expanded Cairns $42.5 million over three years from support reef water quality activities. The latest reef funding Convention Centre is due to reopen for 2021–22 for the proposed $80 million builds on more than $400 million committed by the Palaszczuk business in February 2021 following Bundaberg flood levee to protect the Government since 2015. a $176 million investment by the local community from widespread Queensland Government. inundation. Additional support includes $5 million in grants to support regional tourism operators reliant on international tourism The Queensland Government is $40 million has been committed to to redesign their businesses; $25 million in 2020–21 in contributing $195 million to the support the proposed $175 million the Growing Tourism Infrastructure Fund; $25 million in Townville City Council toward Stage 2 Wellcamp entertainment precinct near the Queensland Tourism Icons program; and $15 million in of the Haughton Pipeline which will Toowoomba while funds have been aviation industry support. allocated for the completion of the connect to earlier stages of the project $7.5 million Highfields to Toowoomba and ultimately improve water security The #GoodToGo promotional campaign will continue to bikeway. for the North Queensland region. underpin Queensland tourist operators including the Year of the Outback Tourism activities, while $7 million has been allocated River-based works associated with $21 million over two years to revitalise to assist grow Indigenous tourism programs. Queensland’s coastal shipping industry the Rookwood Weir project west and create maritime jobs, including the of Rockhampton are expected to $20 million over four years has been allocated for a Tourism establishment of a new shipping service commence in April 2021. Once Activation Fund, a further $20 million over four years will assist between Townsville and Brisbane. completed the weir will add up to event attractions, while $15 million will establish a regional 76,000 megalitres of extra water supply tourism organisation fund. for the Central Queensland region.
Queensland Budget 2020–21 11 MAKING IT SUPPORTING FOR QUEENSLAND QUEENSLANDERS
Queensland’s manufacturers collectively contribute more than $20 billion to the Since the fi rst impacts of COVID-19 on Queensland early in 2020, the Queensland economy per year supporting around 165,000 jobs. Encouraging Palaszczuk Government has provided billions of dollars of support to the growth of the manufacturing sector in both traditional and new industries businesses, industry sectors, workers, home owners, renters and individuals. will support economic diversity and resilience – and create new jobs.
Brisbane. This project is expected Mackay to support the growth MANUFACTURING to create up to 139 jobs over 10 of local manufacturers and the jobs SUPPORTING A ROAD TO RECOVERY years and aligns with the Queensland they create QUEENSLAND Supporting Biomedical 10-year Roadmap and As part of this Budget, the Palaszczuk $10 million over four years to continue The 2020–21 Budget includes a wide Action Plan Indigenous Government will continue to support the development of Queensland’s range of support measures to help Queensland’s manufacturing sector, continuing support to Rheinmetall hydrogen industry. Queenslanders continue to recover from communities with a strong focus on attracting new Defence Australia’s $170 million the economic impacts of COVID-19. businesses to the state. facility at Redbank. The facility will be a regional hub for design, build and HISTORIC AEROSPACE When COVID-19 struck the government $241 million has been allocated Enhancing Queensland’s manufacturing support for up to 500 military vehicles MANUFACTURING DEAL provided $400 million in utility bill relief in 2020–21 to improve housing base will play a key role in the state’s in Australia and the Asia-Pacifi c, for household electricity and water costs outcomes for Aboriginal and Torres economic recovery from the impacts of to all Queenslanders; creating around 450 Queensland A partnership with aerospace giant $24.7 million The government will continue to progress Strait Islander people across the COVID-19. in housing and homelessness support; jobs and injecting $1 billion to the Boeing is set to deliver more high- the Build-to-Rent pilot program, for State. This includes: and paid sick leave for workers who test Among the suite of programs included Queensland economy over 10 years skilled jobs, local supply opportunities which agreement has been secured with $18 million being provided in and defence industry stimulus for positive for COVID-19. in the State Budget are: two leading national builders to develop 2020–21 to support community $40.5 million has been allocated Queensland. establishing an Immersive Technology over four years to support the Making From September 2020, a further the first two affordable housing projects members to access home Hub to promote Queensland’s it in Queensland strategy to secure As part of the agreement Boeing will, for $100 million is being provided to expected to create more than 400 jobs ownership opportunities capabilities nationally and advanced manufacturing jobs and the first time, manufacture unmanned households to reduce their electricity during construction. This is on top of the $21.8 million being allocated internationally, and assist local the skills needed for existing and planes outside of the United States. bills, through the Government's $50 government’s $100 million commitment in 2020–21 to progress new industry, corporate and government future industries. This includes a The development of the first military asset ownership dividend payment. over two years to the Works for Tradies housing across 17 local councils. organisations to better understand and $15.5 million to boost the Made in aircraft to be designed, engineered and In addition to specific COVID-related program, delivering even more jobs and engage with immersive technologies Queensland grants program; and manufactured in Australia in more than support, the Budget provides a range of social housing throughout the state. Implementing historic legislation to 50 years supports the government’s enable legal recognition of Torres $16.5 million to drive development other programs to help Queenslanders. $3.5 million has been allocated delivering programs to connect long-standing commitment to advanced Strait Islander traditional child research and technology companies of advanced manufacturing skills These include: towards the cost of establishing through the creation of Manufacturing manufacturing. rearing practices. The legislation with corporates to grow value, adding $166.6 million to continue to a Holocaust Museum. Skills Queensland (as part of a will help remove identification revenue and global routes to market The project reinforces Queensland’s implement the Supporting Families Additional funding of $6 million over $200 million investment in future barriers to participation in status as a centre for defence industries Changing Futures reforms with sector four years will be provided to support an agreement with Vaxxas to skilling programs). Two new important areas such as education, and also underpins the government’s and community stakeholders to build the prevention of domestic and family manufacture needle-free vaccine regional manufacturing hubs will be health and housing. 10-year Roadmap and Action Plan for a proactive family support system that violence in vulnerable populations, and technology at a new facility in established on the Gold Coast and in Defence Industries. helps prevent escalation to the child $5 million will be allocated to programs $9.3 million over four years protection system raising awareness and assisting victims has been provided to build the of elder abuse. Aboriginal and Torres Strait $10 million over four years to support Islander community sector to BUILDING TRAINS IN QUEENSLAND the Queensland Government strategy support implementation of the new for Australia’s military veterans, $6.3 BILLION National Agreement on Closing For the first time in nearly a decade, Queensland trains will be built in including employment assistance, the Gap and improve outcomes for Queensland. A $1 billion investment pipeline will support hundreds infrastructure funding, legal help, CONCESSIONS Indigenous Queenslanders. of workers in Maryborough, and expand the state’s manufacturing homelessness support and a range The Queensland Government will provide Continue work on the $9.9 million, expertise, as part of a 10-year plan. The investment pipeline includes: of other services. an estimated $6.3 billion in 2020–21 four-year program to improve $600 million for 20 new Queensland trains and the infrastructure Additional funding of $2.6 million in in targeted discounts, fee waivers, the operation and management needed to build them in Maryborough, delivering jobs to the region 2020–21 to continue the provision rebates, and subsidies to support of drinking water supplies in Queenslanders. These concessions $1 million for a business case to replace carriages for the Westlander, of services to support people with Indigenous communities. disabilities, including funding All will reduce costs of living including for Inlander and Spirit of the Outback long-distance services $5.7 million over four years has Abilities Queensland, management transport, electricity and water costs. continuing the $300 million, 10-year pipeline of manufacturing work been allocated for the On Country of complaints and investigations, Concessions will also provide significant to refurbish and maintain the existing Queensland Rail fleet program to give young Indigenous and approval for guide, hearing and support for individuals, households and people a range of life skills. continuing a $85 million investment for Maryborough workers to assistance dogs, and National businesses across both 2019–20 and repair incompatible internationally built trains. Disability Insurance Scheme 2020–21 as part of the government’s performance monitoring. response to COVID-19.
12 budget.qld.gov.au MAKING IT SUPPORTING FOR QUEENSLAND QUEENSLANDERS
Queensland’s manufacturers collectively contribute more than $20 billion to the Since the fi rst impacts of COVID-19 on Queensland early in 2020, the Queensland economy per year supporting around 165,000 jobs. Encouraging Palaszczuk Government has provided billions of dollars of support to the growth of the manufacturing sector in both traditional and new industries businesses, industry sectors, workers, home owners, renters and individuals. will support economic diversity and resilience – and create new jobs.
Brisbane. This project is expected Mackay to support the growth MANUFACTURING to create up to 139 jobs over 10 of local manufacturers and the jobs SUPPORTING A ROAD TO RECOVERY years and aligns with the Queensland they create QUEENSLAND Supporting Biomedical 10-year Roadmap and As part of this Budget, the Palaszczuk $10 million over four years to continue The 2020–21 Budget includes a wide Action Plan Indigenous Government will continue to support the development of Queensland’s range of support measures to help Queensland’s manufacturing sector, continuing support to Rheinmetall hydrogen industry. Queenslanders continue to recover from communities with a strong focus on attracting new Defence Australia’s $170 million the economic impacts of COVID-19. businesses to the state. facility at Redbank. The facility will be a regional hub for design, build and HISTORIC AEROSPACE When COVID-19 struck the government $241 million has been allocated Enhancing Queensland’s manufacturing support for up to 500 military vehicles MANUFACTURING DEAL provided $400 million in utility bill relief in 2020–21 to improve housing base will play a key role in the state’s in Australia and the Asia-Pacifi c, for household electricity and water costs outcomes for Aboriginal and Torres economic recovery from the impacts of to all Queenslanders; creating around 450 Queensland A partnership with aerospace giant $24.7 million The government will continue to progress Strait Islander people across the COVID-19. in housing and homelessness support; jobs and injecting $1 billion to the Boeing is set to deliver more high- the Build-to-Rent pilot program, for State. This includes: and paid sick leave for workers who test Among the suite of programs included Queensland economy over 10 years skilled jobs, local supply opportunities which agreement has been secured with $18 million being provided in and defence industry stimulus for positive for COVID-19. in the State Budget are: two leading national builders to develop 2020–21 to support community $40.5 million has been allocated Queensland. establishing an Immersive Technology over four years to support the Making From September 2020, a further the first two affordable housing projects members to access home Hub to promote Queensland’s it in Queensland strategy to secure As part of the agreement Boeing will, for $100 million is being provided to expected to create more than 400 jobs ownership opportunities capabilities nationally and advanced manufacturing jobs and the first time, manufacture unmanned households to reduce their electricity during construction. This is on top of the $21.8 million being allocated internationally, and assist local the skills needed for existing and planes outside of the United States. bills, through the Government's $50 government’s $100 million commitment in 2020–21 to progress new industry, corporate and government future industries. This includes a The development of the first military asset ownership dividend payment. over two years to the Works for Tradies housing across 17 local councils. organisations to better understand and $15.5 million to boost the Made in aircraft to be designed, engineered and In addition to specific COVID-related program, delivering even more jobs and engage with immersive technologies Queensland grants program; and manufactured in Australia in more than support, the Budget provides a range of social housing throughout the state. Implementing historic legislation to 50 years supports the government’s enable legal recognition of Torres $16.5 million to drive development other programs to help Queenslanders. $3.5 million has been allocated delivering programs to connect long-standing commitment to advanced Strait Islander traditional child research and technology companies of advanced manufacturing skills These include: towards the cost of establishing through the creation of Manufacturing manufacturing. rearing practices. The legislation with corporates to grow value, adding $166.6 million to continue to a Holocaust Museum. Skills Queensland (as part of a will help remove identification revenue and global routes to market The project reinforces Queensland’s implement the Supporting Families Additional funding of $6 million over $200 million investment in future barriers to participation in status as a centre for defence industries Changing Futures reforms with sector four years will be provided to support an agreement with Vaxxas to skilling programs). Two new important areas such as education, and also underpins the government’s and community stakeholders to build the prevention of domestic and family manufacture needle-free vaccine regional manufacturing hubs will be health and housing. 10-year Roadmap and Action Plan for a proactive family support system that violence in vulnerable populations, and technology at a new facility in established on the Gold Coast and in Defence Industries. helps prevent escalation to the child $5 million will be allocated to programs $9.3 million over four years protection system raising awareness and assisting victims has been provided to build the of elder abuse. Aboriginal and Torres Strait $10 million over four years to support Islander community sector to BUILDING TRAINS IN QUEENSLAND the Queensland Government strategy support implementation of the new for Australia’s military veterans, $6.3 BILLION National Agreement on Closing For the first time in nearly a decade, Queensland trains will be built in including employment assistance, the Gap and improve outcomes for Queensland. A $1 billion investment pipeline will support hundreds infrastructure funding, legal help, CONCESSIONS Indigenous Queenslanders. of workers in Maryborough, and expand the state’s manufacturing homelessness support and a range The Queensland Government will provide Continue work on the $9.9 million, expertise, as part of a 10-year plan. The investment pipeline includes: of other services. an estimated $6.3 billion in 2020–21 four-year program to improve $600 million for 20 new Queensland trains and the infrastructure Additional funding of $2.6 million in in targeted discounts, fee waivers, the operation and management needed to build them in Maryborough, delivering jobs to the region 2020–21 to continue the provision rebates, and subsidies to support of drinking water supplies in Queenslanders. These concessions $1 million for a business case to replace carriages for the Westlander, of services to support people with Indigenous communities. disabilities, including funding All will reduce costs of living including for Inlander and Spirit of the Outback long-distance services $5.7 million over four years has Abilities Queensland, management transport, electricity and water costs. continuing the $300 million, 10-year pipeline of manufacturing work been allocated for the On Country of complaints and investigations, Concessions will also provide significant to refurbish and maintain the existing Queensland Rail fleet program to give young Indigenous and approval for guide, hearing and support for individuals, households and people a range of life skills. continuing a $85 million investment for Maryborough workers to assistance dogs, and National businesses across both 2019–20 and repair incompatible internationally built trains. Disability Insurance Scheme 2020–21 as part of the government’s performance monitoring. response to COVID-19.
Queensland Budget 2020–21 13 ECONOMIC FISCAL OVERVIEW OUTLOOK
The COVID-19 pandemic has delivered an unprecedented The substantial and ongoing relaxation of restrictions across The 2020-21 Budget is focused on ensuring the health of The government is focused on economic recovery and will shock to the global economy, with data indicating that the state, as well as the substantial income support and Queenslanders through this pandemic as well as laying the deliver a growing infrastructure investment program. The economic outcomes are more favourable where health stimulus provided across all levels of government, led to a foundations for our economic recovery. 2020–21 Budget commits to a four-year capital program of outcomes are better. strong rebound in domestic activity in the September quarter. $56.031 billion. The government’s capital program supports The government’s policy response to COVID-19, as well as The pandemic and related restrictions led to a record 5.9% Queensland’s Gross State Product (GSP) is still forecast to economic growth across Queensland and provides long-term election commitments to support economic recovery over employment opportunities. fall in domestic economic activity in Queensland in June quarter return to growth of ¼% in 2020–21, unchanged from the the longer term, have increased General Government Sector of 2020. C19-FER forecast. expenses across 2019–20 to 2023–24. In order to provide support for the economic recovery and in However, this was less than the 7.4% fall recorded in national Economic growth is then expected to strengthen to 3½% in the face of falls in key revenues, government borrowing will rise The pandemic has led to sharp falls in key revenues. The fall in domestic activity, and less than the declines in New South 2021–22, with ongoing solid growth of around 2¾% in the in the near term. While borrowings will increase, Queensland’s revenues, and the necessary increase in expenditure to respond Wales (down 8.6%) and Victoria (down 8.5%). later years of the forward estimates. General Government Sector debt levels will remain lower than to the crisis, have had a substantial impact on Queensland’s those of New South Wales and Victoria, both in absolute terms Importantly, Queensland’s success in containing the spread fiscal position. However, this impact will be temporary. Total and as a proportion of revenue. of the virus means the June quarter is now expected to be the expenses are projected to grow at an average annual rate of lowest point in the COVID-19 economic cycle. 1.6% over the four years to 2023–24. From 2021–22, revenues To better position the government in an environment of record- are forecast to grow at a faster rate than expenses. low interest rates, Treasury is actively reducing refinancing and interest rate risk by extending the duration of its debt While the pandemic has resulted in a deterioration of the maturities. General Government Sector interest expenses have government’s fiscal position, a strong response to the fallen from a peak of $2.3 billion in 2014–15 to $1.5 billion in QUEENSLAND REAL QUEENSLAND'S LABOUR pandemic was necessary, and Queensland was fortunate to 2019–20, while the yields on Queensland Government bonds enter this crisis in a robust fiscal position. Through consecutive are comparable to those of our AAA-rated state peers. RETAIL TURNOVER MARKET FORECASTS pre-crisis State Budgets, the government had delivered a series of operating surpluses and debt reductions. The volume of retail turnover in Queensland has rebounded There has been a rapid and strong recovery in the Queensland a record 8.9% in September quarter 2020, to be 11% higher labour market with employment surging by 205,900 people over the year, underpinned by significant government income between May and October as restrictions were unwound. support measures and the gradual easing of virus restrictions Queensland’s labour market is forecast to continue to recover, since May. in line with the ongoing strengthening of domestic economic activity. The state's unemployment rate is now expected to have 2020–21 2020–21 peaked at 7.9% in September quarter 2020, lower than the 9% REVENUE EXPENSES forecast for the December quarter at C19-FER.
Employment (lhs) Environmental Quarterly Annual . protection, - Unemployment rate (rhs) Dividends and tax recreation and equivalents .% Other revenue .% Transport culture .% . % . Interest income .% State taxation revenue . % Sales of goods Public order and safety Health and services .% .% . .%
% Economic % change services . . %
persons Million Social protection, . housing and Other services Grants revenue other community .8% .% services . % - Sep- Sep- Sep- Sep- Sep- Sep- . Education % Jun- Jun- Jun- Jun- Jun- Jun- Jun- Jun-
14 budget.qld.gov.au ECONOMIC FISCAL OVERVIEW OUTLOOK
The COVID-19 pandemic has delivered an unprecedented The substantial and ongoing relaxation of restrictions across The 2020-21 Budget is focused on ensuring the health of The government is focused on economic recovery and will shock to the global economy, with data indicating that the state, as well as the substantial income support and Queenslanders through this pandemic as well as laying the deliver a growing infrastructure investment program. The economic outcomes are more favourable where health stimulus provided across all levels of government, led to a foundations for our economic recovery. 2020–21 Budget commits to a four-year capital program of outcomes are better. strong rebound in domestic activity in the September quarter. $56.031 billion. The government’s capital program supports The government’s policy response to COVID-19, as well as The pandemic and related restrictions led to a record 5.9% Queensland’s Gross State Product (GSP) is still forecast to economic growth across Queensland and provides long-term election commitments to support economic recovery over employment opportunities. fall in domestic economic activity in Queensland in June quarter return to growth of ¼% in 2020–21, unchanged from the the longer term, have increased General Government Sector of 2020. C19-FER forecast. expenses across 2019–20 to 2023–24. In order to provide support for the economic recovery and in However, this was less than the 7.4% fall recorded in national Economic growth is then expected to strengthen to 3½% in the face of falls in key revenues, government borrowing will rise The pandemic has led to sharp falls in key revenues. The fall in domestic activity, and less than the declines in New South 2021–22, with ongoing solid growth of around 2¾% in the in the near term. While borrowings will increase, Queensland’s revenues, and the necessary increase in expenditure to respond Wales (down 8.6%) and Victoria (down 8.5%). later years of the forward estimates. General Government Sector debt levels will remain lower than to the crisis, have had a substantial impact on Queensland’s those of New South Wales and Victoria, both in absolute terms Importantly, Queensland’s success in containing the spread fiscal position. However, this impact will be temporary. Total and as a proportion of revenue. of the virus means the June quarter is now expected to be the expenses are projected to grow at an average annual rate of lowest point in the COVID-19 economic cycle. 1.6% over the four years to 2023–24. From 2021–22, revenues To better position the government in an environment of record- are forecast to grow at a faster rate than expenses. low interest rates, Treasury is actively reducing refinancing and interest rate risk by extending the duration of its debt While the pandemic has resulted in a deterioration of the maturities. General Government Sector interest expenses have government’s fiscal position, a strong response to the fallen from a peak of $2.3 billion in 2014–15 to $1.5 billion in QUEENSLAND REAL QUEENSLAND'S LABOUR pandemic was necessary, and Queensland was fortunate to 2019–20, while the yields on Queensland Government bonds enter this crisis in a robust fiscal position. Through consecutive are comparable to those of our AAA-rated state peers. RETAIL TURNOVER MARKET FORECASTS pre-crisis State Budgets, the government had delivered a series of operating surpluses and debt reductions. The volume of retail turnover in Queensland has rebounded There has been a rapid and strong recovery in the Queensland a record 8.9% in September quarter 2020, to be 11% higher labour market with employment surging by 205,900 people over the year, underpinned by significant government income between May and October as restrictions were unwound. support measures and the gradual easing of virus restrictions Queensland’s labour market is forecast to continue to recover, since May. in line with the ongoing strengthening of domestic economic activity. The state's unemployment rate is now expected to have 2020–21 2020–21 peaked at 7.9% in September quarter 2020, lower than the 9% REVENUE EXPENSES forecast for the December quarter at C19-FER.
Employment (lhs) Environmental Quarterly Annual . protection, Unemployment rate (rhs) Dividends and tax recreation and equivalents .% Other revenue .% Transport culture .% . % . Interest income .% State taxation revenue . % Sales of goods Public order and safety Health and services .% .% . .%
% Economic % change services . . %
persons Million Social protection, . housing and Other services Grants revenue other community .8% .% services . % - Sep- Sep- Sep- Sep- Sep- Sep- . Education % Jun- Jun- Jun- Jun- Jun- Jun- Jun- Jun-
Queensland Budget 2020–21 15 QUEENSLAND BUDGET 2020-21
budget.qld.gov.au
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