Budget Highlights

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Budget Highlights QUEENSLAND BUDGET 2020-21 BUDGET HIGHLIGHTS budget.qld.gov.au Queensland Budget 2020–21 1 MESSAGE FROM BUDGET 2020–21 THE TREASURER AT A GLANCE The Honourable Cameron Dick MP Jobs supported by infrastructure investment in 2020–21 46,000 Total infrastructure program over four years $56B Percentage of capital This Budget is focused on spend outside of delivering our promises made to Greater Brisbane 58% the people of Queensland. Total spend on Before, and during, the 2020 State Election campaign road and transport we made more than 1,000 commitments. The hard infrastructure in work in delivering those commitments starts with $6.3B this Budget. 2020–21 It follows the path clearly outlined in our COVID-19 Fiscal and Economic Review and in the Palaszczuk COVID-19 economic Government’s Economic Recovery Plan which focused stimulus measures on protecting our health; creating jobs; and working to date together. $7B The efforts of Queenslanders in containing the health impacts of the COVID-19 pandemic have seen the State recover faster economically than others and this Budget Education and outlines the continued steps we will be taking on that training in 2020–21 recovery. $17.5B This Budget will deliver on the Palaszczuk Labor Government’s clearly defined priorities: safeguarding Queenslanders’ health; supporting jobs; backing small business; Making it for Queensland by supporting Health in 2020–21 Queensland manufacturers; building Queensland’s $21.8B infrastructure; growing our regions; investing in skills; backing frontline services; and protecting our precious environment. Concessions More than anything else, this Budget has a single overarching objective – creating more Queensland jobs. and lowering the cost of living $6.3B 2020 has been a testing time for workers, families and businesses and this Budget outlines the Government’s latest investments and initiatives as we continue to Unite and Recover. Building trains in Queensland over 10 years $1B Social housing Cameron Dick MP improvements Treasurer in 2020–21 $526.2M Minister for Investment 2 budget.qld.gov.au QUEENSLAND’S ECONOMIC RECOVERY Globally, almost 1.5 million people have died from COVID-19. In Queensland hard-working health professionals, frontline agencies – and crucially Queenslanders following medical advice – have seen the state manage the health impacts exceptionally well. However, COVID-19 will impact the economy long into the future. The 2020–21 Budget continues to REBOUNDING FROM deliver measures for the ongoing health COVID-19 IMPACTS response to COVID-19 and also supports FOCUSING ON the economic recovery outlined in the The coronavirus (COVID-19) pandemic CORE TASKS Queensland Government’s Unite and has delivered an unprecedented Recover Economic Recovery Plan. shock to the global economy, leading to substantial business closures, Unite and Recover highlighted a package To support Queensland’s COVID-19 job losses and declines in economic of more than $7 billion to safeguard economic recovery, the government activity, industrial production and trade our health and protect jobs, including is implementing a savings and debt across the world. The data indicate that reducing business costs through payroll plan to deliver savings of $3 billion economic outcomes are more favourable tax reductions and other tax relief over four years to 2023–24. where health outcomes are better. measures, and accelerating projects To date, we have achieved to unlock development and increase The pandemic and related restrictions 47 per cent or $352.2 million of economic activity. led to a record 5.9 per cent fall our savings target for 2020–21 in domestic economic activity in Building on this support, the government through a range of measures. Queensland in the June quarter of has committed a significant package of Savings will continue to be 2020. However, this result is relatively election commitments totalling achieved by focusing on core favourable compared with the 7.4 per $4.3 billion over four years. tasks, ensuring government resources are directed to where cent fall in national domestic activity. This Budget is focused on getting they are needed most. Importantly, Queensland’s success in our economy moving sooner. Priorities containing the spread of the virus means include: Six workstreams have been established to progress savings the June quarter is now expected to be the creating jobs lowest point in the COVID-19 economic opportunities under the plan, backing small businesses to support cycle, rather than the September quarter with a focus on government jobs and communities across the state as previously anticipated. The substantial advertising, accommodation, and ongoing relaxation of restrictions, as increasing investment in data and ICT, workforce, structural well as the income support and stimulus manufacturing including $1 billion to reform opportunities and agency provided across all levels of government, make trains in Queensland again functional reviews. drove a strong rebound in domestic driving the largest infrastructure The plan reinforces the need activity in the September quarter. program in over a decade of to sustain effective frontline Domestic and external conditions have $14.8 billion in 2020–21 services by limiting secondments of frontline workers to back-office continued to evolve since the COVID-19 growing our regions and supporting roles and creating opportunities Fiscal and Economic Review (C19-FER) key industries including tourism, for tasks to be reallocated to released in September but currently agriculture and mining appear to be on different trajectories. frontline roles. protecting the environment Many indicators of Queensland’s The plan also strengthens providing more Queenslanders with domestic economy have continued to oversight of non-frontline access to the skills and training they recruitment, a natural reduction improve, but the resurgence of COVID-19 need for careers cases globally, weaker trading partner of senior executive service 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 global outlook has weakened further Wales and Victoria. encourage public servants to work and remains the key risk to the closer to home. State’s economic outlook. Queensland Budget 2020–21 3 SAFEGUARDING $21.8B for health OUR HEALTH in 2020–21 Throughout 2020 the government’s number one priority has been – and continues to be – safeguarding the health of all Queenslanders and building community resilience by ensuring we are ready for any future coronavirus outbreaks. This commitment continues in this Budget with total health funding of $21.8 billion this fi nancial year. $360.5 million in 2020–21 to continue BUILDING BETTER the support for Queensland Health, HEALTH FACILITIES Queensland Fire and Emergency Services Satellite and Queensland Police Service's As part of the government’s ongoing responses to COVID-19. This builds on the hospitals commitment to support the delivery of government’s initial $1.2 billion COVID health services, $1.6 billion has been response plan for services including fever allocated in the 2020–21 Budget for The Budget provides $265 million clinics, PPE, contract tracing, 13 HEALTH infrastructure projects throughout to build seven satellite hospitals to services, costs of aeromedical services the state. Among the projects are: deliver alternative models of care and the facilitation of quarantine in across South East Queensland, $979 million to enhance capacity and government arranged accommodation. A reducing the burden on our acute services at three major public hospitals further $3 million has been allocated to hospitals and allowing them to in the South East Queensland growth continue psychosocial telephone support safely manage patient care. corridor involving the redevelopment of for people in mandatory hotel quarantine. the Caboolture Hospital to increase its The satellite hospitals will over three years will be capacity by 130 beds; expansion of the $100 million also provide virtual health invested to employ 464 additional Logan Hospital to deliver an additional opportunities including a range 206 beds and refurbish the maternity wellbeing professionals in Queensland of rapid access consults, care ward; staged redevelopment of the state schools and to trial the placement of coordination, remote monitoring Ipswich Hospital including new mental general practitioners in up to 20 schools. and patient literacy services. health facilities. $171 million has been committed for The facilities are being planned $86.2 million for a Nambour a Queensland Health palliative care for Bribie Island, Caboolture, Hospital redevelopment. strategy funding package through to Redlands, Pine Rivers, Ipswich, 2025–26. Brisbane southside and the $50.5 million for a Redland southern Gold Coast. Hospital parking upgrade. $77.4 million has been allocated in 2020–21 to deliver expanded access $45.5 million towards a Princess Planning for delivery of the to specialist outpatient services. Since Alexandra Hospital cladding project. hospitals is underway, with final 2015, over $500 million will have been location and health services $36.8 million for a Redcliff e Hospital invested to enable Queenslanders timely to be determined by each local parking upgrade. access to specialist outpatient services. health and hospital service $70 million for a Cairns $61.9 million to deliver the Shifting in consultation
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