BUDGET Highlights

QUEENSLAND BUDGET 2021–22

BUDGET Highlights

budget.qld.gov.au MESSAGE FROM BUDGET 2021–22 THE TREASURER AT A GLANCE

The Honourable Cameron Dick MP Jobs recovered since May 2020 253,200

Queensland Jobs Fund $3.34B

Queensland’s economic Total infrastructure recovery from COVID-19 is well program, over 4 years $52.2B underway, reflecting our success in containing the virus and the strength of our government’s Percentage of capital spend outside of Economic Recovery Plan. Greater Brisbane 61.2% Our domestic economy has grown faster than the rest of Australia. Queensland has recovered more jobs than any other state or territory. And we are outperforming the nation on a range of household and business indicators. Health in 2021–22 It is no surprise that more Australians are flocking to $22.2B Queensland. Our state received , net interstate migrants in , and we are expecting another , Australians – the equivalent of a city the size of Rockhampton – to call Queensland home over the next  years. Meaning our growing state will need more and Education and better roads, schools, hospitals and support programs. training in 2021–22 $18.3B The – Budget continues to deliver the high- quality frontline services and infrastructure that all Queenslanders, new and old, have come to expect. The Budget also delivers on our government’s election commitments. COVID-19 economic support initiatives, Queensland’s nation-leading economic recovery has more than $14.2B strengthened the government’s fiscal position, with revenues higher and borrowings lower than previously forecast. Our judicious management of expenses means that our government is projected to record Concessions and an operating surplus in –. lowering the cost This is a Budget for all Queenslanders. of living $6.1B

Social housing and Cameron Dick MP homelessness Treasurer investment, over 4 years $1.9B Minister for Investment

2 budget.qld.gov.au QUEENSLAND'S MESSAGE FROM BUDGET 2021–22 ECONOMIC RECOVERY THE TREASURER AT A GLANCE COVID-19 continues to devastate families and cripple national The Honourable Cameron Dick MP economies worldwide as death and infection rates rise daily. Jobs recovered However, Queensland’s outstanding health response to since May 2020 253,200 the pandemic and more than $14.2 billion in support initiatives have seen our economy rebound strongly.

Queensland Jobs Fund $3.34B ECONOMIC RECOVERY needed to drive ongoing growth, Economy rebounds: and provide wider economic and LEADING THE NATION employment benefits. Total infrastructure Queensland’s economic debt down, jobs up Queensland’s success in managing Other key initiatives in the Queensland program, over 4 years recovery from COVID-19 is well $52.2B Queensland’s General Government the health challenges imposed by the Budget 2021–22 include targeted net debt is expected to improve COVID-19 pandemic means the state’s measures that: underway, reflecting our success significantly as the state’s $360 billion economy has begun to • build Queensland’s productive in containing the virus and the economy continues to recover recover sooner and is stronger than the capacity by delivering productive from the COVID- pandemic. rest of Australia. strength of our government’s Percentage of capital infrastructure, skills and innovation spend outside of Net debt in – is expected Record health investment of • promote economic and environmental Economic Recovery Plan. Greater Brisbane 61.2% to be $9.69 billion lower than $22.2 billion will continue to provide sustainability forecast in the – Budget. a world-class health system, which is • improve business competitiveness Our domestic economy has grown faster than the rest of also critical to effectively manage the Australia. Queensland has recovered more jobs than any This is driven by a combination of ongoing risks of COVID-19. • ensure a responsive public sector. other state or territory. And we are outperforming the higher revenue, lower expenses As of April 2021, total employment in These measures will enable Queensland nation on a range of household and business indicators. – including savings identified in Health in 2021–22 the Savings and Debt Plan – and Queensland is now 54,900 persons to continue to compete in national and It is no surprise that more Australians are flocking to $22.2B a material increase in the value higher than its pre-COVID level, and international markets, by attracting Queensland. Our state received , net interstate of investments held in the newly 253,200 higher than in the depths of the investment and exporting Queensland’s migrants in , and we are expecting another established Queensland Future pandemic in May 2020. However, some valuable goods and services. , Australians – the equivalent of a city the size of key industries and regions continue Fund (Debt Retirement Fund). The government’s $52.2 billion capital Rockhampton – to call Queensland home over the next to be impacted due to the closure of program over the forward estimates will  years. Meaning our growing state will need more and Education and Created with the sole purpose of international borders. debt reduction, the Fund will hold help create many thousands of ongoing better roads, schools, hospitals and support programs. training in 2021–22 investments targeted for future The Queensland Government’s Economic jobs, including an estimated 46,500 $18.3B Recovery Plan continues to support The – Budget continues to deliver the high- growth to support current and direct jobs in 2021–22. Over the 10 quality frontline services and infrastructure that all future borrowings. businesses, workers, families and years to 2024–25, the government will Queenslanders, new and old, have come to expect. communities across the state. have supported over $110 billion in Assets contributed or being The Budget also delivers on our government’s Further, the government’s economic infrastructure works. COVID-19 economic contributed to the Fund in election commitments. response and policy focus will also The Budget also commits support initiatives, – include: $460 million continue to transition over time, from Queensland’s nation-leading economic recovery has more than toward targeted investments in flagship $14.2B • $6 billion in seed funding from shorter-term support to a greater focus skills and training and employment strengthened the government’s fiscal position, with revenues higher and borrowings lower than previously the transfer of the Queensland on improving the state’s productivity and programs, Skilling Queenslanders forecast. Our judicious management of expenses Titles Registry operations competitiveness to drive ongoing private for Work and a revitalised Back to means that our government is projected to record sector growth and jobs. Work program. Concessions and • $1.5 billion from the surplus an operating surplus in –. assets held to support the A key element of the government’s lowering the cost Targeted measures to support small Defined Benefit Scheme (DB efforts to drive private sector growth businesses and regional economies This is a Budget for all Queenslanders. of living $6.1B scheme surplus) and jobs is the new flagship investment are expected to create enduring • $206 million in securities initiative, the $3.34 billion Queensland benefits across the length and held by the state. Jobs Fund. breadth of the state. Social housing and The estimated value of the The Fund focuses on investment Building on the strong economic attraction and industry development, recovery to date, the government’s homelessness DRF at the end of – is Cameron Dick MP $7.7 billion and the Fund will ensuring that in a post-pandemic economic strategy will be founded on investment, over 4 years Treasurer $1.9B grow over the forward estimates global environment, Queensland is well protecting the health of Queenslanders, Minister for Investment as returns compound. positioned to attract the investment wherever they live.

Queensland Budget 2021–22 3 INVESTING IN OUR HEALTH

Our record health budget will ensure the state’s doctors, nurses and emergency response personnel $22.2B for health have the best facilities to continue to deliver in 2021–22 world-class health care. This Budget continues to deliver on frontline staffi ng commitments as well as addressing increased demands for medical services. VACCINATIONS A KEY TO RECOVERY KEEPING In 2021–22, Queensland Health will continue to invest across a broad The Queensland Government QUEENSLANDERS range of areas including hospitals, is working closely with private ambulance stations and vehicles, medical and health providers HEALTHY health technology, research and and the Australian Government The 2021–22 Budget provides a record scientific services, mental health to ensure sensible and practical $20.885 billion in operating funding, as services, staff accommodation and ICT. vaccination strategies are in place to best protect the community. well as a $1.35 billion capital program Hospital and health facility project to continue to deliver first-class health highlights in 2021–22 include: The COVID- vaccine national services to Queenslanders. roll-out strategy recognises • $103.5 million for the Caboolture priority populations for Funding supports the state’s public Hospital redevelopment to support vaccination as well as the hospital and ambulance services an additional 130 beds and need to adapt to Queensland’s and facilities, community health refurbishment of critical clinical decentralised and diverse services, mental health, drug and support services alcohol services, and research and rural and remote communities, scientific services. • $92.4 million for the Ipswich including the Torres Strait region. Hospital expansion including new A key focus of the record funding will be mental health facilities, a 26-bed The Budget supports to continue the state’s response to the ward refurbishment and a Magnetic Queensland’s commitment as ongoing health impacts from COVID-19 Resonance Imaging suite to grow part of Australia’s COVID- and the vaccination roll-out. clinical capacity vaccine national roll-out strategy. The Budget includes the establishment • $90 million for the Logan Hospital of a $2 billion Hospital Building Fund expansion which will deliver an to assist in meeting growth pressures additional 206 beds or treatment across the health system, with initial spaces as well as funds to improve investments in the Toowoomba Day maternity services. Surgery, purchasing public health $233.6 million will be distributed for a services through the expansion at range of capital works projects, minor Mater Public Hospital Springfield capital projects and replacement of and an uplift in Queensland Health’s health technology equipment at various base capital program. facilities across the state. $648.7 million in 2021–22 will continue $66.4 million will be allocated for the the COVID-19 response and address continuation of essential upgrades pressures in emergency patient flow including projects at Nambour Hospital, through our public hospitals, elective Atherton Hospital and the Thursday surgery waitlists, and to support the Nurse Zoe Park was the first Queenslander Island Hospital and Primary Health opening of the Nambour Hospital to receive the COVID- vaccine. Care Centre. redevelopment.

4 budget.qld.gov.au INVESTING IN Hospital expansion OUR HEALTH in Springfi eld The Queensland Government will partner with Mater Health Services to deliver a new 174-bed public hospital in Springfield to meet the demand for clinical services resulting from the rapid growth in the Greater Ipswich region. The 2021–22 Budget includes $177 million to purchase public Our record health budget will ensure the state’s health services through the expansion doctors, nurses and emergency response personnel $22.2B at Mater Public Hospital Springfield. for health The new hospital is to include an have the best facilities to continue to deliver emergency department, an intensive in 2021–22 care unit and maternity services. world-class health care. This Budget continues to The commitment will see the expanded The project is expected to create Greater Ipswich is one of the deliver on frontline staffi ng commitments as well as services run under an existing model more than 1,000 frontline health fastest growing regions in Australia such as that at the Mater South jobs as well as more than 700 job with the area projected to grow by addressing increased demands for medical services. Brisbane, which provides direct access opportunities during construction. 37 per cent in the next 10 years. VACCINATIONS to care at the facility for public patients. The partnership will mean more An extra 100,000 people will live in A KEY TO RECOVERY The Mater Springfield project will than $1 billion in investment by the the Greater Springfield-Ripley Valley In 2021–22, Queensland Health will KEEPING see an increase of 234 hospital beds, government over the next decade. area in the next five years. continue to invest across a broad The Queensland Government with 174 beds dedicated to the care The new hospital is expected to be range of areas including hospitals, is working closely with private QUEENSLANDERS public patients. operational in 2024. ambulance stations and vehicles, medical and health providers HEALTHY health technology, research and and the Australian Government The 2021–22 Budget provides a record scientific services, mental health to ensure sensible and practical $20.885 billion in operating funding, as services, staff accommodation and ICT. vaccination strategies are in place $48.8 million from the rural and regional well as a $1.35 billion capital program to best protect the community. infrastructure program has been allocated Hospital and health facility project for a new mental health facility at Cairns Satellite Hospitals: Better Care, Closer to Home to continue to deliver first-class health highlights in 2021–22 include: The COVID- vaccine national Hospital, a Sarina Hospital upgrade and The government is providing continuing to safely manage patients services to Queenslanders. roll-out strategy recognises • $103.5 million for the Caboolture for the replacement of the Mer (Murray) $265 million in funding to deliver via alternative models of care. Funding supports the state’s public priority populations for Hospital redevelopment to support Island Primary Health Care Centre. satellite hospitals to Bribie Island, hospital and ambulance services vaccination as well as the The satellite hospitals will also an additional 130 beds and Caboolture, Brisbane South, Pine and facilities, community health need to adapt to Queensland’s $43.0 million has been allocated for provide virtual health opportunities refurbishment of critical clinical Rivers, Gold Coast, Ipswich, and services, mental health, drug and decentralised and diverse an expansion of the Gold Coast including a range of rapid access support services Redlands. alcohol services, and research and rural and remote communities, University Hospital to deliver a secure consults, care coordination, scientific services. • $92.4 million for the Ipswich including the Torres Strait region. mental health rehabilitation unit. The Satellite Hospitals Program remote monitoring and patient Hospital expansion including new will enable our acute hospitals in literacy services. A key focus of the record funding will be The Budget supports $40.3 million has been allocated mental health facilities, a 26-bed South East Queensland to manage to continue the state’s response to the Queensland’s commitment as for hospital parking projects to meet Planning for these hospitals ward refurbishment and a Magnetic increasing patient demand, including demand and free up capacity while ongoing health impacts from COVID-19 Resonance Imaging suite to grow part of Australia’s COVID- is underway. and the vaccination roll-out. vaccine national roll-out strategy. projects at Caboolture ($18.1 million), clinical capacity Logan ($15.3 million), Redland The Budget includes the establishment • $90 million for the Logan Hospital ($5.5 million) and $1.4 million for the of a $2 billion Hospital Building Fund expansion which will deliver an commencement of a new multi-storey to assist in meeting growth pressures additional 206 beds or treatment car park at The Prince Charles Hospital. across the health system, with initial spaces as well as funds to improve $11.4 million has been allocated for investments in the Toowoomba Day maternity services. Surgery, purchasing public health mental health service projects at Hervey $233.6 million will be distributed for a services through the expansion at Bay and Maryborough hospitals. range of capital works projects, minor Mater Public Hospital Springfield The Budget will also continue the focus capital projects and replacement of and an uplift in Queensland Health’s on supporting the health frontline health technology equipment at various base capital program. building on the increased staffing facilities across the state. $648.7 million in 2021–22 will continue provided by the Palaszczuk Government. $66.4 million will be allocated for the the COVID-19 response and address The Budget highlights that between continuation of essential upgrades pressures in emergency patient flow March 2015 and 2021: including projects at Nambour Hospital, through our public hospitals, elective Atherton Hospital and the Thursday • the number of nurses in Queensland surgery waitlists, and to support the Nurse Zoe Park was the first Queenslander Island Hospital and Primary Health has increased by 8,407 (or 30 per cent) Satellite hospital, artist's impression. opening of the Nambour Hospital to receive the COVID- vaccine. Care Centre. redevelopment. • the number of doctors has increased by 2,841 (or 36 per cent).

Queensland Budget 2021–22 5 INVESTING IN EDUCATION $18.3B for education and training in 2021–22

The government remains committed to ensuring all Queensland students have access to the quality learning and education experiences they need for success in our changing world. The Budget supports Queenslanders at every stage of their learning development – from the early years through to their transition into the workforce or further education.

SUPPORTING OUR in high-growth areas of the state – 4 This brings total funding for the Building new schools to open in 2023 (primary Future Schools Program to $2.6 billion. TEACHERS AND schools in Yarrabilba, Ripley and the The government’s $1 billion Great STUDENTS Augustine Heights/Redbank Plains area, Schools, Great Future infrastructure and a secondary school in Palmview) commitment will continue to provide The 2021–22 Budget continues the and 6 schools to open in 2024 (primary existing Queensland schools with Palaszczuk Government’s commitment schools in Redland Bay, Bellbird Park new classrooms and facilities to to improving education outcomes for and the Logan Reserve/Crestmead/Park accommodate growing enrolments, teachers and students through a total Ridge area, and secondary schools in new or upgraded school halls and education investment of $16.8 billion. Springfield and the Collingwood Park/ performing arts centres, and renewal and The 2021–22 Budget includes Redbank Plains and Logan Reserve/ refurbishment of school infrastructure, Park Ridge areas). $1.4 billion for new schools to open including fencing upgrades, playgrounds in 2023 and 2024, as well as for This is in addition to the 8 new schools and covered outdoor sports areas. additional and renewed infrastructure in that opened in 2020, the 5 new schools $61.2 million has been allocated in Queensland's existing state schools. that opened in 2021, and the 3 new 2021–22 as part of the $235 million This includes an additional schools that are due to open in 2022. School Halls Program and $39.3 million $913.7 million for 10 new state schools has been allocated in 2021–22 for the Advancing Clean Energy Schools Program to upgrade and install solar Continued focus The – Budget will continue to energy and energy efficiency measures see growth in the frontline teaching in Queensland state schools. workforce to support learning on new teachers $53.9 million has been allocated in outcomes in state schools. 2021–22 for air-conditioning installation This is in line with the government's and replacement in state schools election commitment to employ under the $477 million Cooler , new teachers and ,  new Cleaner Schools Program. teacher aides over the next  years $17.3 million has been allocated in to help keep pace with Queensland’s 2021–22 to link industry and local increasing student population. high schools to provide students with These new teaching appointments pathways into rewarding careers and will build on previous frontline confidently transition into the world education roles which has seen the of work under the government's Local number of teachers employed in Schools Local Jobs commitment. Queensland increase by , (or by This Budget includes $202.9 million  . per cent) and teacher aides by over 4 years and $64 million per year ,  (or .  per cent) between ongoing to support the continued March  and March . provision of universal access to kindergarten in the year before school for Queensland children.

6 budget.qld.gov.au INVESTING IN INVESTING IN EDUCATION $18.3B SKILLS AND for education and training in TRAINING 2021–22

The government remains committed to ensuring all Queensland students have Growing Queenslanders’ skills, expertise access to the quality learning and education experiences they need for success and experience will help drive the state’s in our changing world. The Budget supports Queenslanders at every stage of economic recovery. The Budget provides programs their learning development – from the early years through to their transition and initiatives designed to enhance Queensland’s into the workforce or further education. skill-base and invest in our workforce.

SUPPORTING OUR in high-growth areas of the state – 4 This brings total funding for the Building UPSKILLING FOR This builds on the $430 million $2 million has also been allocated new schools to open in 2023 (primary Future Schools Program to $2.6 billion. investment by the Palaszczuk as part of the overall contribution of TEACHERS AND schools in Yarrabilba, Ripley and the The government’s $1 billion Great THE FUTURE Government since 2015 in Skilling $20 million for the completion of the Augustine Heights/Redbank Plains area, Queenslanders for Work. Hydrogen Training Centre of Excellence Schools, Great Future infrastructure With the coronavirus continuing to STUDENTS and a secondary school in Palmview) at Queensland Apprenticeship Centre commitment will continue to provide impact economies around the world, The capital budget also includes The 2021–22 Budget continues the and 6 schools to open in 2024 (primary at Beenleigh. existing Queensland schools with the 2021–22 Budget includes funding $3 million in 2021–22 to complete the Palaszczuk Government’s commitment schools in Redland Bay, Bellbird Park new classrooms and facilities to to support required skills and abilities $23 million Renewable Energy Training Support will also continue in 2021–22 to improving education outcomes for and the Logan Reserve/Crestmead/Park accommodate growing enrolments, and continue job creation. Facility as part of the Queensland through the Palaszczuk Government’s teachers and students through a total Ridge area, and secondary schools in new or upgraded school halls and Government’s total $17 million $100.5 million investment in the initial This Budget includes an investment education investment of $16.8 billion. Springfield and the Collingwood Park/ performing arts centres, and renewal and contribution to the project. The new JobTrainer Fund in partnership with the of $320 million over 4 years, and The 2021–22 Budget includes Redbank Plains and Logan Reserve/ refurbishment of school infrastructure, facility will provide skills training for Australian Government. Park Ridge areas). $80 million each year ongoing, for the $1.4 billion for new schools to open including fencing upgrades, playgrounds 750 apprentices a year, as well as assist flagship Skilling Queenslanders for This program is delivering no- or low-fee in 2023 and 2024, as well as for This is in addition to the 8 new schools and covered outdoor sports areas. an estimated 26,000 local licensed Work initiative. training places in accredited short courses additional and renewed infrastructure in that opened in 2020, the 5 new schools $61.2 million has been allocated in electricians with further training. and qualifications to support job seekers, Up to 15,000 disadvantaged Queensland's existing state schools. that opened in 2021, and the 3 new 2021–22 as part of the $235 million The government is providing increased school leavers and young people as Queenslanders each year will benefit This includes an additional schools that are due to open in 2022. School Halls Program and $39.3 million funding of $20.6 million over 5 years Australia recovers from COVID-19. from targeted Skilling Queenslanders $913.7 million for 10 new state schools has been allocated in 2021–22 for for Trade and Investment Queensland for Work programs designed to equip the Advancing Clean Energy Schools to continue delivering initiatives jobseekers with the skills, qualifications Program to upgrade and install solar from the International Education and experience needed to enter and The – Budget will continue to energy and energy efficiency measures and Training Strategy to Advance Continued focus stay in the workforce. see growth in the frontline teaching in Queensland state schools. Queensland 2016–2026. workforce to support learning on new teachers $53.9 million has been allocated in outcomes in state schools. 2021–22 for air-conditioning installation This is in line with the government's and replacement in state schools INVESTMENT IN TAFE skill and train Queenslanders in • $3.3 million for the Bundamba election commitment to employ under the $477 million Cooler jobs of the future. Metal Trades, Manufacturing , new teachers and ,  new Cleaner Schools Program. INFRASTRUCTURE and Robotics Centre. teacher aides over the next  years Key projects in – include: $17.3 million has been allocated in The Budget continues to see In addition, projects valued at to help keep pace with Queensland’s • $10 million contribution towards fit 2021–22 to link industry and local investment in TAFE infrastructure with $7.5 million will be delivered in increasing student population. high schools to provide students with out at the new Robina TAFE campus $47.8 million of the total $100 million – as part of the Revitalising These new teaching appointments pathways into rewarding careers and Equipping TAFE for our Future program • $8 million towards the Training TAFE Campuses across Australia will build on previous frontline confidently transition into the world to be delivered during –. Centre of Excellence as part initiative, including the Coomera education roles which has seen the of work under the government's Local of the Central Queensland Marine Centre of Excellence; number of teachers employed in Schools Local Jobs commitment. Equipping TAFE for our Future builds University Rockhampton Campus upgrades to engineering and on the outcomes of the Palaszczuk Queensland increase by , (or by This Budget includes $202.9 million consolidation trade workshops in Mount Isa; Government’s previous Advancing our  . per cent) and teacher aides by over 4 years and $64 million per year and electro-engineering upgrades Training Infrastructure commitment • $7.5 million towards the Mackay ,  (or .  per cent) between ongoing to support the continued at the Alexandra Hills campus. and will continue building and Ooralea Trade Training Centre March  and March . provision of universal access to modernising TAFE facilities to help expansion kindergarten in the year before school for Queensland children.

Queensland Budget 2021–22 7 DELIVERING FOR QUEENSLANDERS

The 2021–22 Budget continues to provide signifi cant funding to protect communities and keep Queenslanders safe, as well as underpin the government’s ongoing eff ort to revitalise frontline service delivery.

BOLSTERING OUR replacement facilities, including projects regional headquarters and station along at Beaudesert, Biloela, Burketown, with projects at Gracemere, Longreach, FRONTLINE RESPONSE Cairns, Cairns West, Clermont, Cooroy, Rainbow Beach, Rosewood, Loganlea, Cunnamulla, Dalby, Dayboro, Kirwan, Mossman, Mount Cotton and Maleny. The Palaszczuk Government continues Maryborough, Mackay, Nambour, to focus on rebalancing the public $30.5 million has been allocated for Pimpama, Pormpuraaw, Ripley, service to ensure strong and effective replacement and new fire and rescue Rosewood and Woree, as well as the frontline service delivery, including and rural fire appliances, $3.2 million water police facility at Hervey Bay. significant investment in new facilities provided for specialist operational for staff and to support communities $40.6 million has been provided for new equipment for emergency and disaster that need government assistance. and replacement police service vehicles response and almost $900,000 for with a further $5.5 million for new and capital grants for State Emergency Service The 2021–22 Queensland Police Service replacement vessels and $4 million and Rural Fire Brigade purchases. capital program of $156.1 million for aircraft maintenance. supports quality frontline services and A further $26.8 million has been will fund police facilities, motor vehicles, In 2021–22, the Queensland Fire and allocated for a series of programs to vessels and other essential equipment. Emergency Services has a proposed enhance operational telecommunications capital program of almost $60 million. technology to benefit fire, police and The Budget includes funding for new This includes ongoing work on the ambulance responses. facilities and for upgrades to existing or replacement of the Maryborough $10.8 million over 4 years has been allocated to implement priority actions in response to the Royal Commission into National Natural Disaster Arrangements in Queensland. $13.8 million has been allocated over 4 years to support existing public cyclone shelters. This Budget continues to increase the number of police officers as part of the government’s 2020 election commitment to hire an additional 2,025 police personnel over the next 5 years. The Budget also continues to support the hiring of additional firefighters as part of the 2020 election commitment to increase fire personnel by 357 over five years to help the community prevent, prepare for, respond to and recover from the impact of fire and emergency events.

8 budget.qld.gov.au DELIVERING FOR State continues QUEENSLANDERS to deliver support for Indigenous communities In the 2021–22 Budget, the Government is establishing a $300 million Path to Treaty Fund, with its returns used to support Path to Treaty actions and the government’s response to the Treaty Advancement The 2021–22 Budget continues to provide Committee report, expected to be provided to government later in 2021. signifi cant funding to protect communities and $40.8 million has been allocated to keep Queenslanders safe, as well as underpin deliver 47 social housing dwellings in Aboriginal and Torres Strait Islander the government’s ongoing eff ort to revitalise communities and purchase 6 dwellings projects and infrastructure works $4.5 million will be provided frontline service delivery. for use as temporary accommodation to relating to critical water, wastewater to address land administration support the transfer of social housing and solid waste assets, and provide requirements and infrastructure to home ownership on Aboriginal and a basis for the long-term strategic program planning initiatives in remote Torres Strait Islander land, and upgrade replacement facilities, including projects regional headquarters and station along management of essential assets. Aboriginal and Torres Strait Islander BOLSTERING OUR existing social housing dwellings. A at Beaudesert, Biloela, Burketown, with projects at Gracemere, Longreach, $27.6 million ($6.7 million in communities including enabling further $89.6 million will be provided Cairns, Cairns West, Clermont, Cooroy, Rainbow Beach, Rosewood, Loganlea, 2021–22) has been allocated to homeownership opportunities. FRONTLINE RESPONSE in grants to deliver 17 social housing Cunnamulla, Dalby, Dayboro, Kirwan, Mossman, Mount Cotton and Maleny. continue the work of the Native $5.2 million is provided in The Palaszczuk Government continues dwellings in Aboriginal and Torres Strait Maryborough, Mackay, Nambour, Title Compensation Office. 2021–22 to continue revitalising and to focus on rebalancing the public $30.5 million has been allocated for Islander communities and upgrade Pimpama, Pormpuraaw, Ripley, investing in new visitor infrastructure service to ensure strong and effective replacement and new fire and rescue existing social housing dwellings. $70 million is provided for local Rosewood and Woree, as well as the (including trails and amenities), with frontline service delivery, including and rural fire appliances, $3.2 million governments through the Transport water police facility at Hervey Bay. $30.3 million in 2021–22 as part of opportunities to support the growth significant investment in new facilities provided for specialist operational Infrastructure Development Scheme, the $120 million Indigenous Councils of regional small businesses and the for staff and to support communities $40.6 million has been provided for new equipment for emergency and disaster including Aboriginal and Torres Strait Critical Infrastructure Program to employment of First Nations people in that need government assistance. and replacement police service vehicles response and almost $900,000 for Islander community assistance. support Indigenous councils implement with a further $5.5 million for new and capital grants for State Emergency Service Queensland's national parks. The 2021–22 Queensland Police Service replacement vessels and $4 million and Rural Fire Brigade purchases. capital program of $156.1 million for aircraft maintenance. supports quality frontline services and A further $26.8 million has been will fund police facilities, motor vehicles, In 2021–22, the Queensland Fire and allocated for a series of programs to INCREASED DOMESTIC • $2.1 million for activities under Youth justice vessels and other essential equipment. Emergency Services has a proposed enhance operational telecommunications the Domestic and Family Violence capital program of almost $60 million. technology to benefit fire, police and VIOLENCE SUPPORT Engagement and Communication reforms support The Budget includes funding for new This includes ongoing work on the ambulance responses. Strategy. facilities and for upgrades to existing or The 2021–22 Budget delivers on the The – Budget will include a replacement of the Maryborough $10.8 million over 4 years has been government’s commitment to protect In 2021–22, more than $138 million continuation and expansion of the allocated to implement priority actions and support vulnerable Queenslanders, is provided to respond to DFSV including Youth Justice Strategy collectively in response to the Royal Commission including those impacted by domestic, counselling and crisis responses, worth $113.5 million. into National Natural Disaster family and sexual violence (DFSV). perpetrator interventions, court support, This includes funding of: Arrangements in Queensland. Over 4 years from 2021–22, the shelters and mobile support, awareness $7.4 million in – for the $13.8 million has been allocated over Budget includes: and prevention, and sexual assault continuation of additional frontline 4 years to support existing public support. • $30 million to boost DFSV victim and frontline support positions in cyclone shelters. Since 2015, the Palaszczuk Government support services across the state youth detention centres has committed more than $600 million This Budget continues to increase • $20 million to expand DFSV housing in programs, services and strategies to $8.5 million to expand the the number of police officers as part support services of the government’s 2020 election address domestic, family and sexual provision of intensive support • $4.4 million for critical frontline DFSV commitment to hire an additional 2,025 violence. for families of children on bail services and perpetrator interventions police personnel over the next 5 years. $160.9 million is being invested in specialist court locations $13.1 million for additional youth The Budget also continues to support to provide housing and support to workers for the Conditional Bail • $4 million ($1 million per annum the hiring of additional firefighters as vulnerable people, including those program which aims to reduce the ongoing) for Victim Assist Queensland part of the 2020 election commitment to experiencing domestic and family risk of young people offending to deliver timely fi nancial assistance increase fire personnel by 357 over five violence, including through specialist or breaching conditions while on to victims and families of crime, years to help the community prevent, homelessness services across bail including with expansions to including DFSV prepare for, respond to and recover from Queensland. the program in Brisbane North, the impact of fire and emergency events. Logan, Townsville, Gold Coast and Moreton/Caboolture.

Queensland Budget 2021–22 9 INVESTING FOR GROWTH

To continue Queensland’s strong growth, the government is investing in the future, including linking with the private sector, to prepare the state for the decades ahead.

INVESTING IN Since 2016, the Advance Queensland INVESTING IN Industry Attraction Fund (AQIAF) and the QUEENSLAND Jobs and Regional Growth Fund (JRGF) RENEWABLES have supported over 77 projects to The Queensland Government continues A new $2 billion Queensland deliver 4,100 new direct jobs and almost to make significant investments Renewable Energy and Hydrogen $2.5 billion in capital investment. to unlock the state’s potential and Jobs Fund will be established These include: stimulate job-creation in Queensland. to expand on the previous • a partnership with Boeing which could $500 million Renewable The 2021–22 Budget includes the see the uncrewed defence aircraft , Energy Fund. flagship $3.34 billion Queensland the Boeing Airpower Teaming System, Jobs Fund which brings together the The Fund will enable investments produced in Queensland by the middle government’s key industry attraction and by Queensland’s government of the decade, pending orders. It is industry development programs. owned energy businesses in expected the Defence Aerospace commercial renewable energy The fund incorporates a range of existing Advanced Manufacturing project could and hydrogen projects, as well programs and commits funding for a generate up to $1 billion for the state’s as supporting infrastructure, and number of new initiatives to strengthen economy over 10 years assist Queensland to achieve the supply chains, foster innovation, • attracting the relocation of the  per cent renewable energy diversify regional economies, create jobs Australia-New Zealand headquarters target by  . and boost income levels. These new of leading food manufacturer, Kerry initiatives include: By committing an additional Australia to Brisbane, creating 55 new $1.5 billion, this deepens • a $350 million Industry Partnership locally based jobs, thanks to support the capacity of the existing Program providing small and medium from the AQIAF. The company has also Queensland Renewable enterprises and research institutions established a multi-million-dollar Energy Fund. in Queensland with tailored support technology and innovation centre, that strengthens local supply chains which will help Kerry develop new Funds will be allocated as to create and sustain jobs. The products towards its goal of serving projects are developed and program will support maturing its flavours to 2 billion people investment cases demonstrated. industries to adopt to new across the globe technologies, assist rapidly growing The first round of applications • support from the JRGF to accelerate sectors and emerging industries into the Fund from the state’s delivery of a $20.8 million expansion government owned energy • the new $2 billion Queensland by Australian-owned horticultural corporations were submitted in Renewable Energy and Hydrogen Jobs and garden products business, Oreco May  with announcements Fund (see sidebar). Group at Childers, near Bundaberg. expected later in . The company’s expansion will create The Queensland Jobs Fund also includes 140 new jobs for the region including programs that support investment in machinery operators and drivers, manufacturing, catalytic infrastructure, technicians and trade workers, clerical resource recovery and investment and administration workers. attraction. The government will continue to The new Queensland Jobs Fund will build actively engage and align with industry on a range of policies and programs and promote the benefits of investing focused on industry attraction and in Queensland. development.

10 budget.qld.gov.au INVESTING Backing business to back Queensland The – Budget will include increased support from the FOR GROWTH Queensland Government to back businesses, which are the frontline in Queensland’s economic recovery. Assistance from the $175 million Jobs and Regional Growth Fund will assist Logan-based Beenleigh Steel Fabrications to supercharge its fabrication capability and create nearly  new jobs, through the construction and fit-out of a brand-new $4.2 million manufacturing facility. Over more than  years, Beenleigh Steel has developed a To continue Queensland’s strong growth, strong market niche in major architectural steel fabrications for the government is investing in the future, construction projects Australia-wide, ranging from stadiums, bridges and hospitals to Army barracks, multi-level car parks and including linking with the private sector, rail stations. Current major projects include Queens Wharf, the The Treasurer meets staff at Beenleigh Steel to prepare the state for the decades ahead. Jubilee Centre, Cross River Rail and interstate projects. Showcasing investment potential INVESTING IN Since 2016, the Advance Queensland INVESTING IN Industry Attraction Fund (AQIAF) and the Global online learning and education provider Go played host QUEENSLAND Jobs and Regional Growth Fund (JRGF) RENEWABLES to the Logan investor roundtable held in May. have supported over 77 projects to A new $2 billion Queensland The Queensland Government continues Go, which has grown to have a team of over  staff across deliver 4,100 new direct jobs and almost Renewable Energy and Hydrogen to make significant investments  offices globally, was one of the original recipients of the $2.5 billion in capital investment. Jobs Fund will be established to unlock the state’s potential and Palaszczuk Government’s Business Development Fund These include: to expand on the previous stimulate job-creation in Queensland. investment program and Ignite Ideas grants. • a partnership with Boeing which could $500 million Renewable The 2021–22 Budget includes the see the uncrewed defence aircraft , Energy Fund. The roundtable discussed how government and industry can flagship $3.34 billion Queensland the Boeing Airpower Teaming System, work together to accelerate long-term major investment Jobs Fund which brings together the The Fund will enable investments Go co-founder Vu Tran produced in Queensland by the middle projects and deliver more jobs in the Logan region. government’s key industry attraction and by Queensland’s government of the decade, pending orders. It is industry development programs. owned energy businesses in expected the Defence Aerospace commercial renewable energy The fund incorporates a range of existing Advanced Manufacturing project could and hydrogen projects, as well programs and commits funding for a generate up to $1 billion for the state’s as supporting infrastructure, and number of new initiatives to strengthen economy over 10 years assist Queensland to achieve the supply chains, foster innovation, INVESTING IN • attracting the relocation of the  per cent renewable energy diversify regional economies, create jobs Australia-New Zealand headquarters target by  . CLEAN ENERGY and boost income levels. These new of leading food manufacturer, Kerry initiatives include: By committing an additional Queensland’s publicly owned clean Australia to Brisbane, creating 55 new $1.5 billion, this deepens energy generator, CleanCo, has • a $350 million Industry Partnership locally based jobs, thanks to support the capacity of the existing announced plans to build, own, and Program providing small and medium from the AQIAF. The company has also Queensland Renewable operate the $250 million .MW enterprises and research institutions established a multi-million-dollar Energy Fund. Karara Wind Farm in the Darling Downs. in Queensland with tailored support technology and innovation centre, that strengthens local supply chains which will help Kerry develop new Funds will be allocated as In addition to owning and operating to create and sustain jobs. The products towards its goal of serving projects are developed and the Karara Wind Farm, CleanCo will also purchase  megawatts of program will support maturing its flavours to 2 billion people investment cases demonstrated. Global Australia Energy of ACCIONA Image courtesy industries to adopt to new across the globe renewable energy capacity from technologies, assist rapidly growing The first round of applications the MacIntyre Wind Farm, delivering • support from the JRGF to accelerate sectors and emerging industries into the Fund from the state’s the government’s Renewables MacIntyre Wind Farm project artist's impression delivery of a $20.8 million expansion government owned energy  Program. • the new $2 billion Queensland by Australian-owned horticultural corporations were submitted in Together with CleanCo’s involvement, Along with the $144.9 million Renewable Energy and Hydrogen Jobs and garden products business, Oreco May  with announcements Construction of the precinct is the local spend during construction earmarked in – for the Karara Fund (see sidebar). Group at Childers, near Bundaberg. expected later in . expected to commence in – is expected to exceed  million, Wind Farm, the capital program The company’s expansion will create and be fully operational by . The delivering significant economic includes $24.6 million towards a The Queensland Jobs Fund also includes 140 new jobs for the region including Precinct is set to provide up to 400 benefits for the Darling Downs region. Kogan North Gas Fields development, programs that support investment in machinery operators and drivers, local jobs during construction, with an $17.1 million for a scheduled major manufacturing, catalytic infrastructure, The investment is part of CleanCo’s technicians and trade workers, clerical additional 240 jobs for construction overhaul of existing infrastructure resource recovery and investment $222 million capital expenditure and administration workers. of the km transmission line, and at Wivenhoe Power Station and attraction. 14 full-time jobs once in operation. planned for –, which also The government will continue to $15.1 million for overhaul and The new Queensland Jobs Fund will build includes overhauls, maintenance actively engage and align with industry maintenance works at Swanbank E on a range of policies and programs and upgrades of generator units. and promote the benefits of investing Power Station. focused on industry attraction and in Queensland. development.

Queensland Budget 2021–22 11 BUILDING QUEENSLAND

Our $52.2 billion, 4-year capital works program will continue to create employment with an estimated 46,500 jobs supported by infrastructure $14.7B projects in the 2021–22 Budget. This investment for infrastructure will increase productivity and effi ciency for in 2021–22 Queensland’s businesses and industry.

INVESTING FOR A • $150 million for the Walkerston $14.4 million has been allocated in Bypass – to construct a new two-lane 2021–22 to the Queensland Resilience GROWING STATE highway connecting Peak Downs and Risk Reduction Fund, as part of the Highway to the Mackay Ring Road. National Partnership Agreement, jointly More than 1.5 million people live funded with the Australian Government, in Queensland’s regions, making Construction of the Queensland and to improve safety and natural disaster Queensland the most decentralised Australian Government jointly funded resilience across the state. mainland state in the nation. To support $367.2 million Rookwood Weir will this population, as well as the many continue during 2021–22. Due for The government will continue to deliver visitors the regions attract, the completion in mid–2023 the weir will a suite of targeted measures aimed 2021–22 Budget has a capital program provide an additional 86,000 megalitres at promoting disaster recovery and of $14.7 billion for infrastructure in of medium-priority water supply for the resilience from the $100 million 2019 2021–22, with 61.2 per cent provided Central Queensland region. Betterment Fund established following for projects outside of Greater Brisbane, the 2019 monsoon flooding event under $74 million has been provided in supporting 29,800 regional jobs. the joint State-Commonwealth Disaster 2021–22 for the expansion and Recovery Funding Arrangements. The Queensland Government will continue refurbishment of the Cairns Convention to work with the Australian Government Centre, a further $5.7 million for the $20 million has been allocated in on Bruce Highway upgrades to improve Proserpine Entertainment Centre and this Budget to establish the 2021 safety, flood resilience and capacity $7 million towards the Townsville Queensland Betterment Fund to improve along its length, including: Community Learning Centre. disaster resilience and reduce the cost of future reconstruction of public assets • $1.1 billion for the Rockhampton $70 million in additional funding has damaged by natural disasters, jointly Ring Road project been provided for Building our Regions funded with the Australian Government. • $1 billion for the 26km Cooroy to (Round 6) to support local government Curra upgrade near Gympie infrastructure projects in regional $85 million of the total $195 million Queensland, with a focus on water cost has been allocated to Townsville • $662.5 million for widening between and sewerage infrastructure projects. City Council toward Stage 2 of the Caboolture-Bribie Island Road and This latest funding takes the total Haughton Pipeline project. Steve Irwin Way government funding in this program $25 million in 2021–22 has been • $514.3 million to construct bridges to $418.3 million. allocated from the Resources and approaches on the Haughton Community Infrastructure Fund to River Floodplain In 2021–22, $148 million will be delivered as part of the $1 billion Works support the post-COVID recovery in • $481 million for widening as part of for Queensland program for maintenance regional communities. the Cairns Southern Access Corridor and minor infrastructure projects by $24.1 million is allocated in 2021–22 Stage 3 project regional councils. As at 31 March 2021, for infrastructure projects that contribute • $230 million for the Townsville councils have estimated that more than to the growth and sustainability of the Ring Road (stage 5) 21,000 jobs have been supported through Queensland racing industry. • $120.4 million for the Mackay the first 3 rounds of the program. Northern Access Upgrade project

12 budget.qld.gov.au BUILDING Investment in housing 4 years to increase the supply of social housing and upgrade the and homelessness existing social housing property QUEENSLAND portfolio. This includes: The Budget continues to support social housing in Queensland, – $60 million over 2 years, with including the establishment of a $30 million in 2021–22, to $1 billion Housing Investment Fund fast-track immediate social to drive new supply to support housing projects and initiatives current and future housing need. and prepare a pipeline of work for future years. Returns of $160 million over 4 years are anticipated from • $94.9 million over 4 years, the Fund. with $23.7 million in 2021–22, to support the housing and Our $52.2 billion, 4-year capital works program The Housing and Homelessness – $20 million over 4 years for homelessness service system Action Plan  –  provides homelessness initiatives will continue to create employment with an and deliver better outcomes for including through headleases and $1.9 billion over 4 years to boost estimated 46,500 jobs supported by infrastructure Queenslanders. This includes: crisis housing and supports $14.7B housing supply and increase housing projects in the 2021–22 Budget. This investment and homelessness support across – $20 million over 4 years to – $54.9 million over 4 years to fund for infrastructure Queensland. This comprises: expand domestic and family essential continuing services will increase productivity and effi ciency for violence support services delivered through the First in 2021–22 • $1.8 billion of expenditure over Queensland’s businesses and industry. Housing Action Plan –  .

INVESTING FOR A • $150 million for the Walkerston $14.4 million has been allocated in Bypass – to construct a new two-lane 2021–22 to the Queensland Resilience Billions invested by government owned businesses GROWING STATE highway connecting Peak Downs and Risk Reduction Fund, as part of the Highway to the Mackay Ring Road. National Partnership Agreement, jointly Queensland Government owned include the replacement of equipment More than 1.5 million people live funded with the Australian Government, businesses will be investing billions and assets to ensure continued in Queensland’s regions, making Construction of the Queensland and to improve safety and natural disaster of dollars in the – financial reliable supply of electricity, including Queensland the most decentralised Australian Government jointly funded resilience across the state. year on a series of job-creating and at Bouldercombe near Rockhampton, mainland state in the nation. To support Rookwood Weir will $367.2 million community supporting projects Nebo near Mackay, and at the this population, as well as the many continue during 2021–22. Due for The government will continue to deliver across the state. Gladstone South Substation. visitors the regions attract, the completion in mid–2023 the weir will a suite of targeted measures aimed 2021–22 Budget has a capital program provide an additional 86,000 megalitres at promoting disaster recovery and Ports North has allocated Stanwell has a $170.2 million build of $14.7 billion for infrastructure in of medium-priority water supply for the resilience from the $100 million 2019 $38.3 million for its regional program including upgrade projects 2021–22, with 61.2 per cent provided Central Queensland region. Betterment Fund established following ports, including $24.5 million for at the Stanwell and Tarong power for projects outside of Greater Brisbane, the 2019 monsoon flooding event under infrastructure at the Cairns Marine stations and at Meandu Mine. $74 million has been provided in supporting 29,800 regional jobs. the joint State-Commonwealth Disaster Precinct and $1 million to complete 2021–22 for the expansion and Seqwater has a $198.7 million Recovery Funding Arrangements. the Cairns Shipping Development. The Queensland Government will continue refurbishment of the Cairns Convention capital program for – has been allocated in to work with the Australian Government Centre, a further $5.7 million for the $20 million Gladstone Ports Corp has allocated Port of Townsville including $75.3 million toward the on Bruce Highway upgrades to improve Proserpine Entertainment Centre and this Budget to establish the 2021 $118.5 million in – for capital $95.2 million South West Pipeline safety, flood resilience and capacity $7 million towards the Townsville Queensland Betterment Fund to improve works at the Ports of Gladstone, delivered in partnership with the project along with a series of works at along its length, including: Community Learning Centre. disaster resilience and reduce the cost Bundaberg and Rockhampton (Alma). Australian Government. the Mt Crosby Water Treatment Plant of future reconstruction of public assets This includes $44.1 million for RG and the Gold Coast Desalination Plant. • $1.1 billion for the Rockhampton $70 million in additional funding has CS Energy has an $80.8 million damaged by natural disasters, jointly Tanna Coal Terminal asset upgrades, Ring Road project been provided for Building our Regions capital works program for planned Sunwater’s $98.4 million capital funded with the Australian Government. $14.1 million for port services, • $1 billion for the 26km Cooroy to (Round 6) to support local government maintenance and overhauls. program in – includes $9.8 million for Auckland Point Curra upgrade near Gympie infrastructure projects in regional $85 million of the total $195 million planning works for improvement berths, and $6.5 million for Marina Energy Queensland has a Queensland, with a focus on water cost has been allocated to Townsville projects at Paradise and Burdekin • $662.5 million for widening between and Pilot projects. $1.5 billion capital program that and sewerage infrastructure projects. City Council toward Stage 2 of the Falls Dams, investigations into the Caboolture-Bribie Island Road and includes $39.9 million to establish This latest funding takes the total Haughton Pipeline project. North Queensland Bulk Ports has feasibility of potentially raising Steve Irwin Way five community-scale, grid-connected government funding in this program $25 million in 2021–22 has been allocated $18.8 million to continue Burdekin Falls Dam and efficiency battery energy storage systems • $514.3 million to construct bridges to $418.3 million. allocated from the Resources port planning and development works on the Mareeba Dimbulah along with a range of substation and and approaches on the Haughton Community Infrastructure Fund to including $8.7 million towards Water Supply Scheme. In 2021–22, $148 million will be electricity network replacement and River Floodplain support the post-COVID recovery in wharf renewals. delivered as part of the $1 billion Works augmentation projects. Queensland Rail has allocated • $481 million for widening as part of regional communities. for Queensland program for maintenance Port of Townsville Limited has $900.4 million towards capital the Cairns Southern Access Corridor Powerlink Queensland is investing and minor infrastructure projects by $24.1 million is allocated in 2021–22 allocated $65.3 million in – purchases for Queensland with Stage 3 project $239.5 million in capital works, regional councils. As at 31 March 2021, for infrastructure projects that contribute to continue the $232 million channel $358.7 million to replace, renew including $37.7 million towards the • $230 million for the Townsville councils have estimated that more than to the growth and sustainability of the capacity upgrade project to widen the and upgrade rail infrastructure, Kidston Hydro kV transmission Ring Road (stage 5) 21,000 jobs have been supported through Queensland racing industry. channels for access by larger vessels, rollingstock, buildings, facilities and network connection. Other works • $120.4 million for the Mackay the first 3 rounds of the program. other network assets across the state. Northern Access Upgrade project

Queensland Budget 2021–22 13 CONNECTING QUEENSLANDERS

Improving links between Australia’s fastest growing urban areas – including Brisbane, the Gold Coast, CROSS RIVER RAIL Ipswich, Logan, Moreton Bay, Redlands and the TUNNELLING AHEAD In –, $1.5 billion has Sunshine Coast – will ensure better outcomes for been allocated to the continued existing residents and future generations. construction of the $6.9 billion Cross River Rail project in Brisbane. The project will deliver INVESTING TO • $1.044 billion for Gold Coast Light . kilometres of new rail line Rail Stage 3 to extend the light rail from Dutton Park to Bowen Hills, CONNECT CITIES from Broadbeach South to Burleigh including . kilometres of twin Heads, with project costs subject to South East Queensland is home to tunnels under the Brisbane fi nalisation of contract negotiations. around 3.8 million people and is River and CBD, and  new high- This project is jointly funded by the growing strongly, requiring new roads capacity, underground stations Australian Government, Queensland and transport infrastructure and onging at Boggo Road, Woolloongabba, Government and City of Gold Coast. service upgrades. Albert Street and Roma Street. Queensland Rail has a $900.4 million The 2021–22 Budget delivers a range The project will also introduce capital program which includes of projects and programs aimed at a new world-class signalling $541.7 million to grow or enhance the improving service delivery, including system, deliver new Gold rail network including $151.2 million transport upgrades. Coast stations at Pimpama, towards implementing the European Helensvale North and Merrimac, The M1 Pacifi c Highway will see a range Train Control System – Inner City. and significant upgrades to of upgrades during the 2021–22 year. Funding is also provided for station eight above-ground stations at Jointly funded by the Queensland and upgrades including Auchenflower, Salisbury, Rocklea, Moorooka, Australian Governments, the works are Burpengary, Cannon Hill, East Ipswich, Yeerongpilly, Yeronga, Fairfield, designed to improve safety and help and Lindum as part of the Station Dutton Park and Exhibition. drive productivity and competitiveness Accessibility Upgrade program, which across South East Queensland. will provide improved access and Cross River Rail will support The M1 program of works is delivering facilities for public transport customers. up to , full-time equivalent jobs and  new apprenticeship major projects, such as the Varsity Lakes $86.3 million is provided towards new and traineeship opportunities to Tugun upgrade, Eight Mile Plains European Train Control System signalling during construction. to Daisy Hill upgrade, and the Yatala for existing New Generation Rollingstock, South (Exit 41) and Pimpama (Exit 49) at a total estimated cost of $255 million. interchange upgrades. $25 million has been allocated in The M1 program of works is 2021–22 towards a total $200 million for complemented by the jointly funded the SEQ Community Stimulus Program to $1.5 billion Coomera Connector (Stage support South East Queensland councils 1) project between Nerang and Coomera, recover from the COVID-19 pandemic. to provide for a "second M1". $150 million will be provided over 5 Other major transport projects funded years from 2022–23 in increased funding in the 2021–22 Budget include: to deliver on the government’s election commitment to provide • $36.6 million towards constructing a $200 million 4-lane duplication of Mount Lindesay over 6 years for the SEQ Community Highway between Stoney Camp Road Stimulus Program. and Chambers Flat Road interchanges $320 million has been allocated in at Munruben, at a total estimated cost 2021–22 towards the $654 million of $75 million expansion of Southern Queensland Correctional Precinct in the Lockyer Valley. Cross River Rail tunnelling at Woolloongabba.

14 budget.qld.gov.au CONNECTING INVESTING IN QUEENSLANDERS TOURISM AND THE ENVIRONMENT

Improving links between Australia’s fastest growing Queenslanders live in one of the most beautiful urban areas – including Brisbane, the Gold Coast, CROSS RIVER RAIL areas of the world with countless natural wonders Ipswich, Logan, Moreton Bay, Redlands and the TUNNELLING AHEAD and the built environment attracting millions of In –, $1.5 billion has Sunshine Coast – will ensure better outcomes for been allocated to the continued visitors. The 2021–22 Budget supports the tourism existing residents and future generations. construction of the $6.9 billion and events industry and our environment. Cross River Rail project in Brisbane. The project will deliver INVESTING TO • $1.044 billion for Gold Coast Light . kilometres of new rail line BACKING OUR • $9.9 million in 2021–22 for the • continuing support for tourism Rail Stage 3 to extend the light rail from Dutton Park to Bowen Hills, Wangetti Trail, a 94-kilometre walking operators through campaigns such as CONNECT CITIES from Broadbeach South to Burleigh including . kilometres of twin TOURISM INDUSTRY and mountain bike trail through Good to Go, Work in Paradise, Holiday Heads, with project costs subject to South East Queensland is home to tunnels under the Brisbane tropical rainforests from Palm Cove to Dollars and the Great Barrier Reef fi nalisation of contract negotiations. The 2021–22 Budget continues to around 3.8 million people and is River and CBD, and  new high- Port Douglas, with public and eco- Education Program. This project is jointly funded by the support and develop the state’s tourism growing strongly, requiring new roads capacity, underground stations accommodation facilities. The Australian Government, Queensland and events sector. Funding has been provided for the and transport infrastructure and onging at Boggo Road, Woolloongabba, $41.4 million joint Queensland- Government and City of Gold Coast. Aviation Route Support Package, with service upgrades. Albert Street and Roma Street. Among the features in this Budget are: Australian Government project $10 million over 2 years to rebuild Queensland Rail has a $900.4 million • $15 million in 2021–22 out of a will be one of Australia’s leading The 2021–22 Budget delivers a range The project will also introduce Queensland's international aviation capital program which includes $25 million program to build resilient ecotourism adventures of projects and programs aimed at a new world-class signalling connectivity. This is critical to the $541.7 million to grow or enhance the businesses, regions and communities improving service delivery, including system, deliver new Gold • $9 million over 3 years for recovery of economic growth, especially rail network including $151.2 million by creating sustainable new jobs and transport upgrades. Coast stations at Pimpama, Queensland to host the World for key trade and investment sectors towards implementing the European increasing visitor expenditure through Helensvale North and Merrimac, Science Festival including tourism, international The M1 Pacifi c Highway will see a range Train Control System – Inner City. investment in tourism infrastructure and significant upgrades to education and other high-value exports. of upgrades during the 2021–22 year. Funding is also provided for station eight above-ground stations at that supports COVID-19 recovery Jointly funded by the Queensland and upgrades including Auchenflower, Salisbury, Rocklea, Moorooka, Australian Governments, the works are Burpengary, Cannon Hill, East Ipswich, Yeerongpilly, Yeronga, Fairfield, designed to improve safety and help and Lindum as part of the Station Dutton Park and Exhibition. drive productivity and competitiveness Accessibility Upgrade program, which Protecting the Reef $5.6 million towards delivery of the across South East Queensland. will provide improved access and Cross River Rail will support buildings and park infrastructure to The M1 program of works is delivering facilities for public transport customers. up to , full-time equivalent and Queensland’s support visitor recreation, management jobs and  new apprenticeship major projects, such as the Varsity Lakes $86.3 million is provided towards new and access of parks and recreation and traineeship opportunities natural environment to Tugun upgrade, Eight Mile Plains European Train Control System signalling areas jointly managed by traditional during construction. to Daisy Hill upgrade, and the Yatala for existing New Generation Rollingstock, The – Budget builds on the owners and departments. $400 million already invested by the South (Exit 41) and Pimpama (Exit 49) at a total estimated cost of $255 million. $4.3 million will be invested in high government in the World Heritage- interchange upgrades. priority land acquisitions for the $25 million has been allocated in listed Great Barrier Reef since . The M1 program of works is 2021–22 towards a total $200 million for expansion of the protected area land complemented by the jointly funded the SEQ Community Stimulus Program to This commitment includes portfolio, while $3.8 million has been $1.5 billion Coomera Connector (Stage support South East Queensland councils $270.1 million over  years for the allocated towards the replacement 1) project between Nerang and Coomera, recover from the COVID-19 pandemic. Queensland Reef Water Quality of major vessels for marine parks to provide for a "second M1". $150 million will be provided over 5 program as well as a capital works management. program of $55.1 million to protect Other major transport projects funded years from 2022–23 in increased funding The government will establish a and restore the state’s environment. in the 2021–22 Budget include: to deliver on the government’s election new $500 million Carbon Reduction commitment to provide • $36.6 million towards constructing a $200 million $93.6 million over  years and Investment Fund with its returns to 4-lane duplication of Mount Lindesay over 6 years for the SEQ Community $24.2 million annually will continue support the existing Land Restoration Highway between Stoney Camp Road Stimulus Program. the implementation of the Queensland Fund to leverage private finance and and Chambers Flat Road interchanges $320 million has been allocated in Waste Management and Resource investment and support a financially at Munruben, at a total estimated cost 2021–22 towards the $654 million Recovery Strategy. sustainable carbon market. of $75 million expansion of Southern Queensland Image courtesy of Tourism and Events Queensland Correctional Precinct in the Lockyer Valley. Cross River Rail tunnelling at Woolloongabba.

Queensland Budget 2021–22 15 INVESTING IN SMALL BUSINESS

Small- and medium-sized businesses across $100M Business Queensland were among the fi rst to feel the Investment Fund adverse impacts of COVID-19. The Palaszczuk The – Budget continues Government stepped in with a range of short- and the focus on supporting established small- and long-term support measures. The 2021–22 Budget medium-sized businesses to innovate, realise their potential continues to back our business community. and promote job creation in Queensland. BACKING OUR In the early stages of COVID-19 last year, the government provided eligible The $100 million Business BUSINESSES businesses with payroll tax refunds Investment Fund (BIF) is being and payment deferrals to assist them managed by Queensland Small businesses with fewer than 20 weather the impacts of the virus on Investment Corporation Limited staff represent around 97 per cent of all local communities. (QIC) and targets government businesses in Queensland and employ investments in small- and more than 4 in every 10 private sector A targeted series of tax relief measures medium-sized businesses that: employees. Many of these businesses were provided with more than 17,000 are the lifeblood of local towns and registered businesses receiving a payroll • create Queensland-based jobs cities across the state. tax holiday or refund, and more than • have a proven product and $500 million worth of refunds paid. This Budget includes a range of defined market opportunity measures designed to support the More than 11,000 businesses deferred but require significant capital state’s small, medium and large their payroll tax liabilities for the 2020 to aggressively build scale or businesses and continues to see calendar year to 2021–22. grow market share Queensland as a low-taxing and Small- and medium-sized Queensland • are relatively mature, well business-backing government. businesses continue to benefit from the beyond proof of concept and Support measures for small business $1 billion Jobs Support business loan are generally profitable or includes the Big Plans for Small facility. These loans have supported approaching profitability Business Strategy, which maps out almost 7,000 businesses across a • are seeking capital to expand how $140 million of support for broad range of industries, especially in or restructure operations, small business will be delivered. This hospitality and catering. Already more enter new markets or finance comprises $100 million for a Business than 350 loans have been repaid with significant acquisition Investment Fund, support to establish a more than $50 million returned • have significant Queensland permanent Queensland Small Business to government. growth potential and Commissioner and $30 million to The 2021–22 Budget includes demonstrate continued increase small business skills and $71 million to support the Queensland economic growth in capability through grants and other screen industry, including $53 million Queensland. support for small business. to continue the Screen Queensland The Fund will primarily consider This Budget commits up to $140 million Production Attraction Strategy, co-investment opportunities over 4 years for a revitalised Back $10 million for the Post, Digital and alongside a third party. to Work program to provide eligible Visual Effects incentive, $4 million for the Investments are expected to be businesses the confidence to employ Screen Finance Program, and $4 million in the range of $2.5 million and Queenslanders who have experienced for a North Queensland Regional Program. $10 million. a period of unemployment and to help A further $7 million has been allocated workers facing disadvantage in the The first government investments to support the live music industry in labour market. in the BIF are due in mid-. 2021–22.

16 budget.qld.gov.au INVESTING IN SUPPORTING SMALL BUSINESS QUEENSLANDERS

Small- and medium-sized businesses across A hallmark of good government is being $100M Business Queensland were among the fi rst to feel the responsive to the needs of a growing and Investment Fund adverse impacts of COVID-19. The Palaszczuk changing community, supporting those who The – Budget continues Government stepped in with a range of short- and need assistance, improving service delivery the focus on supporting established small- and long-term support measures. The 2021–22 Budget and planning for the future. medium-sized businesses to innovate, realise their potential continues to back our business community. and promote job creation in RESPONDING TO • $3.7 million over 4 years and Queensland. BACKING OUR In the early stages of COVID-19 last $930,000 annually to support koala year, the government provided eligible Lowering the The $100 million Business COMMUNITY NEEDS conservation initiatives that will BUSINESSES businesses with payroll tax refunds protect and rehabilitate koalas in Investment Fund (BIF) is being cost of living The 2021–22 Budget includes a range and payment deferrals to assist them Queensland managed by Queensland Small businesses with fewer than 20 of programs designed to support weather the impacts of the virus on The – Budget provides Investment Corporation Limited staff represent around 97 per cent of all communities around the state. Among • $6 million over 4 years and local communities. more than $6.1 billion in a range (QIC) and targets government businesses in Queensland and employ the support measures included in the $1.5 million annually to support of concessions and support investments in small- and more than 4 in every 10 private sector A targeted series of tax relief measures Budget are: the South East Queensland Wildlife medium-sized businesses that: employees. Many of these businesses were provided with more than 17,000 measures primarily designed to Hospital Network to maintain a • Up to $71.4 million over 4 years for are the lifeblood of local towns and registered businesses receiving a payroll lower the cost of living. coordinated wildlife care network • create Queensland-based jobs drought assistance and reform, and cities across the state. tax holiday or refund, and more than This includes a range of energy across South East Queensland to • have a proven product and $500 million worth of refunds paid. a further $50 million per annum for This Budget includes a range of rebates, targeted discounts, respond to natural and human induced defined market opportunity 4 years for drought preparedness measures designed to support the More than 11,000 businesses deferred subsidies, and concessions factors impacting on wildlife health but require significant capital and emergency drought loans state’s small, medium and large their payroll tax liabilities for the 2020 including ones dedicated to • $2.6 million in 2021–22 to enhance to aggressively build scale or • $8.3 million over 4 years and businesses and continues to see calendar year to 2021–22. eligible seniors, pensioners, implementation of the Australian grow market share veterans and low-income families. $2.1 million annually to provide Queensland as a low-taxing and Small- and medium-sized Queensland Government's Pacifi c Labour Scheme • are relatively mature, well fi nancial, employment, housing and business-backing government. businesses continue to benefit from the Support is also provided to lower and Seasonal Worker Program which beyond proof of concept and mental health assistance to people Support measures for small business $1 billion Jobs Support business loan the costs of water, transport, will support Queensland's rural are generally profitable or seeking asylum and humanitarian includes the Big Plans for Small facility. These loans have supported education and housing. and regional recovery in a COVID-19 approaching profitability entrants with a temporary protection Business Strategy, which maps out almost 7,000 businesses across a safe way The majority of Queenslanders visa in Queensland • are seeking capital to expand how $140 million of support for broad range of industries, especially in • $16.7 million over 4 years and receive at least one Queensland • $42.5 million over 4 years to or restructure operations, small business will be delivered. This hospitality and catering. Already more $4.2 million annually from 2024–25 Government concession and, in continue the fi sheries reform process enter new markets or finance comprises $100 million for a Business than 350 loans have been repaid with towards swimmer safety in the Great many cases, may benefit from as part of Queensland Sustainable significant acquisition Investment Fund, support to establish a more than $50 million returned Barrier Reef Marine Park, to implement multiple concessions each year. Fisheries Strategy –   • have significant Queensland permanent Queensland Small Business to government. SharkSmart drone surveillance and • $7.3 million over 4 years and growth potential and Commissioner and $30 million to The 2021–22 Budget includes support other trials of non-lethal $1.8 million annually to provide demonstrate continued increase small business skills and $71 million to support the Queensland approaches to swimmer safety support for the former Disability economic growth in capability through grants and other screen industry, including $53 million • $12 million over 4 years and Services clients who are ineligible for Queensland. support for small business. to continue the Screen Queensland $3 million annually for the services under the National Disability This Budget commits up to $140 million Production Attraction Strategy, management and removal of problem The Fund will primarily consider Insurance Scheme co-investment opportunities over 4 years for a revitalised Back $10 million for the Post, Digital and estuarine crocodiles and associated alongside a third party. to Work program to provide eligible Visual Effects incentive, $4 million for the • $4 million over 4 years and 'Crocwise' safety education, population Investments are expected to be businesses the confidence to employ Screen Finance Program, and $4 million $1 million annually for the Celebrating monitoring and research development in the range of $2.5 million and Queenslanders who have experienced for a North Queensland Regional Program. Multicultural Queensland program of new management techniques which supports multicultural events $10 million. a period of unemployment and to help A further $7 million has been allocated • $3.5 million has been allocated to and projects that promote an workers facing disadvantage in the to support the live music industry in establish a Holocaust Museum and The first government investments inclusive, harmonious and united labour market. 2021–22. Education Centre in Brisbane. in the BIF are due in mid-. Queensland

Queensland Budget 2021–22 17 ECONOMIC OVERVIEW

Since the 2020–21 Queensland Budget, the state’s domestic Strong domestic activity is expected to see economic growth economy has been bolstered by a range of factors, including rebound to 3¼ per cent in 2020–21, with further solid growth ongoing positive health outcomes across the state, contributing of 2¾ per cent forecast for 2021–22, before averaging 2¾ per to vastly improved business and consumer confi dence, ongoing cent per annum over the remainder of the forward estimates. strength in consumption and a surge in dwelling activity. Employment has also recovered strongly, with Queensland As a result, the domestic economy is now expected to perform having recovered all the jobs lost during the crisis. In year- substantially better in 2020–21 than previously anticipated. average terms, employment is now forecast to grow by However, the trade sector continues to face ongoing challenges 2¼ per cent in 2020–21 and 3 per cent in 2021–22. given the uncertainty surrounding the global recovery and Supported by the ongoing strong employment growth, the ongoing risks related to trade with China. International unemployment rate is forecast to improve substantially to travel restrictions will also continue to impact Queensland’s 5¾ per cent by June quarter 2022, before improving further international tourism exports and limit overseas student to 5 per cent by June quarter 2025. arrivals in 2021.

FASTER RECOVERY EQUALS QUEENSLAND'S EMPLOYMENT STRONGER GROWTH GROWTH LEADS NATION Reflecting the improved domestic conditions, Gross State Reflecting the strong recovery in the domestic economy as Product (GSP) is forecast to rebound by 3¼ per cent in restrictions have eased, Queensland has recovered all of the 2020–21, significantly stronger than the ¼ per cent growth jobs lost during the COVID-19 crisis period. Employment in expected at the time of the 2020–21 Budget. Robust ongoing Queensland has rebounded to be 54,900 persons higher in April growth of 2¾ per cent is forecast for 2021–22 and in each 2021 than its pre-pandemic level in March 2020, and 253,200 subsequent year across the forward estimates. persons higher since the depths of the pandemic in May 2020. In comparison, the national economy is forecast by Australian Queensland has recorded the strongest employment growth of Treasury to grow 1¼ per cent in 2020-21, 4¼ per cent in any jurisdiction since March 2020. In comparison, New South 2021–22 and 2½ per cent in 2022–23. Queensland’s faster Wales’ employment in April was 33,400 persons below its recovery means aggregate growth across the 3 forecast years pre-pandemic level, while Victoria was only 6,500 persons will be stronger in Queensland (around 9 per cent) than above the level in March 2020. nationally (around 8¼ per cent).

Aus GDP Qld GSP     .   . .   . .  . .

Thousands   . . -

  . - . index points ( – = . ) points index -  -  – –  – – – – Qld NSW Vic SA WA Tas

Sources: Australian Treasury and Queensland Treasury. Source: ABS Labour Force.

18 budget.qld.gov.au ECONOMIC FISCAL OVERVIEW OUTLOOK

Since the 2020–21 Queensland Budget, the state’s domestic Strong domestic activity is expected to see economic growth The robust pre-crisis fi scal position allowed the government The fiscal strategy directs improvements in revenue towards economy has been bolstered by a range of factors, including rebound to 3¼ per cent in 2020–21, with further solid growth to respond quickly and eff ectively to deliver a swift health economic recovery priorities and a return to operating ongoing positive health outcomes across the state, contributing of 2¾ per cent forecast for 2021–22, before averaging 2¾ per response and a strong economic recovery. surplus. A major objective for government in response to the to vastly improved business and consumer confi dence, ongoing cent per annum over the remainder of the forward estimates. COVID-induced fiscal challenge is to stabilise its relative net Since the 2020–21 Budget, the economy has recovered earlier strength in consumption and a surge in dwelling activity. debt burden and to target a return to operating surpluses is Employment has also recovered strongly, with Queensland than expected, which has improved the outlook for key fiscal recognised as an essential condition. As a result, the domestic economy is now expected to perform having recovered all the jobs lost during the crisis. In year- aggregates. Improved revenues and disciplined growth in substantially better in 2020–21 than previously anticipated. average terms, employment is now forecast to grow by expenditure are resulting in lower operating deficits. The economy has recovered more strongly than forecast at the However, the trade sector continues to face ongoing challenges 2¼ per cent in 2020–21 and 3 per cent in 2021–22. An operating surplus is forecast in 2024–25. The stronger 2020–21 Budget. As a result, fiscal aggregates have improved given the uncertainty surrounding the global recovery and Supported by the ongoing strong employment growth, the fiscal position additional support for the government’s more quickly, including own-source revenues and GST. ongoing risks related to trade with China. International unemployment rate is forecast to improve substantially to objective of a timely stabilisation of net debt. Improved revenue performance and moderate expenses growth have resulted in operating deficits far lower than estimated travel restrictions will also continue to impact Queensland’s 5¾ per cent by June quarter 2022, before improving further The 2021–22 Budget sets out how fiscal recovery plans at the 2020–21 Budget, with a return to operating surplus international tourism exports and limit overseas student to 5 per cent by June quarter 2025. are being implemented to drive the state’s improving fiscal expected in 2024–25. Across the 4 years to 2024–25 general arrivals in 2021. performance. The fiscal strategy for the 2021–22 Budget is government revenue is expected to grow at an annual average underpinned by the development of a new Charter of Fiscal rate of 3.9 per cent, compared to an average annual growth rate Responsibility. The Charter will guide fiscal recovery in the for expenditure of 2.3 per cent. medium term, addressing the level of net debt, regaining FASTER RECOVERY EQUALS QUEENSLAND'S EMPLOYMENT an operating surplus, funding of capital expenditure, A significant public infrastructure investment program as a maintaining competitive taxation and retaining the long- major driver of economic growth and job creation is being STRONGER GROWTH GROWTH LEADS NATION standing commitment to fully funding of superannuation maintained, with government committing to a 4-year program Reflecting the improved domestic conditions, Gross State Reflecting the strong recovery in the domestic economy as and workers’ compensation liabilities. of $52.2 billion from 2021–22 to 2024–25. Over the 10 years Product (GSP) is forecast to rebound by 3¼ per cent in restrictions have eased, Queensland has recovered all of the to 2024–25, the government will have supported over 2020–21, significantly stronger than the ¼ per cent growth jobs lost during the COVID-19 crisis period. Employment in $110 billion in infrastructure works. expected at the time of the 2020–21 Budget. Robust ongoing Queensland has rebounded to be 54,900 persons higher in April growth of 2¾ per cent is forecast for 2021–22 and in each 2021 than its pre-pandemic level in March 2020, and 253,200 subsequent year across the forward estimates. persons higher since the depths of the pandemic in May 2020. In comparison, the national economy is forecast by Australian Queensland has recorded the strongest employment growth of Treasury to grow 1¼ per cent in 2020-21, 4¼ per cent in any jurisdiction since March 2020. In comparison, New South 2021–22 2021–22 2021–22 and 2½ per cent in 2022–23. Queensland’s faster Wales’ employment in April was 33,400 persons below its recovery means aggregate growth across the 3 forecast years pre-pandemic level, while Victoria was only 6,500 persons REVENUE EXPENSES will be stronger in Queensland (around 9 per cent) than above the level in March 2020. nationally (around 8¼ per cent).

Aus GDP Qld GSP  Environmental protection, recreation and culture .%  Other revenue . %  Dividends and Transport .%  tax equivalents .% . Interest income .% State taxation   revenue .% Public order Health .% . and safety .  Sales of goods .%  . and services .% .  Economic . . services

Thousands   . . % . - Social protection,   . - housing and . Other services 8.% index points ( – = . ) points index - other community services .%  - Grants revenue . %  – –  – – – – Education .% Qld NSW Vic SA WA Tas

Sources: Australian Treasury and Queensland Treasury. Source: ABS Labour Force.

Queensland Budget 2021–22 19 budget.qld.gov.au

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