Mid Year Review released
On 13 January 2012, the Treasurer released the Mid Year Fiscal and Economic Review.
Find out more in the Mid Year Fiscal and Economic Review.
Queensland Building Boost Grant
A new $10,000 Queensland Building Boost Grant is available for anyone buying or building a new home valued less than $600,000 between 1 August 2011 and 30 April 2012.
To find out more, visit the Queensland Building Boost Grant website.
Treasurer's message
The 2011-12 Queensland State Budget faces our financial and economic challenges head-on, reprioritising our needs and maintaining our sights on prosperity and a return to surplus.
Read more of the Treasurer's message and media release.
Photo courtesy of Michael Marston ePixel Images
Community Ambulance Cover levy abolished
The Queensland Government is abolishing the Community Ambulance Cover levy, saving $113 off electricity bills per year from 1 July. All Queenslanders will continue to receive free ambulance cover throughout Australia.
Find out more about the Community Ambulance Cover levy abolition or read the Premier and Treasurer's media release.
Queensland's future growth outlined
The Queensland Government has released Queensland in the 21st Century, a prospectus detailing the future opportunities and areas for growth in Queensland.
For more information, view the Queensland in the 21st Century prospectus.
Photo courtesy of Michael Marston
Easing the cost of living
The Queensland Government is easing the cost of living, with $1.385 billion in concessions provided for health care, electricity, water and public transport costs. From 1 July, the Government is abolishing the $113 Community Ambulance Cover levy and increasing electricity rebates for pensioners and seniors and council rebates for pensioners.
Read Budget Highlights to find out more and view the Premier and Treasurer's media release.
Photo courtesy of Jason Henry
A Flying Start for Queensland kids
The Queensland Government is providing $328.2 million in capital funding over four years and $293.8 million in recurrent funding over five years for the Flying Start suite of initiatives, including the transition of Year 7 to secondary school from 2015.
To find out more about the Flying Start initiatives, read Budget Highlights.
Photo courtesy of Les Dixon
Rebuilding Queensland better than ever
Following Queensland's summer of natural disasters, $6.8 billion in State and federal disaster funding will be provided in 2011-12, including $2.9 billion on roads, $2.75 billion for local governments and $656 million for small business, non-profit organisations and primary producers.
For more information, read Rebuilding Queensland after the natural disasters of the summer of 2010-11 and view the Premier's media release.
Queensland Budget… at a glance
- Economic growth forecast to rebound to 5% in 2011-12
- Community Ambulance Cover levy abolished, saving $113 off Queenslanders' electricity bills
- $10,000 Queensland Building Boost Grant for anyone buying or building a new home
- Budget still on track to return to surplus by 2015-16
Read more in Budget at a glance.
Photo courtesy of Michael Marston
Supporting jobs and investing in the future
The Government is driving economic and job growth through:
- world-class research and business recovery programs
- a $15 billion capital program in 2011-12, supporting 93,000 jobs
- $100 million over three years in new Smart State initiatives
- $85.8 million over five years to attract new events to support tourism.
Photo courtesy of Tourism Queensland
A greener Queensland
- $75 million to support investment in solar power energy generation
- $60 million to the end of next year for ClimateSmart Home Services – reducing household bills and carbon emissions
- $28.6 million allocated for the newly declared estate on North Stradbroke Island
2012-13 State Budget
The Treasurer and Minister for Trade, the Honourable Tim Nicholls, will hand down the State Budget on Tuesday, 11 September 2012.
State revenue reforms and Queensland Building Boost
The 2011-12 Budget includes major revenue reforms and assistance packages, including a $10,000 Building Boost grant for people building or buying new homes and the removal of the $113 levy for Community Ambulance Cover from electricity bills.
Find out more about the state revenue reforms and the Queensland Building Boost Grant.
Rebuilding Queensland
In 2011-12, $6.8 billion in State and federal disaster funding is committed to rebuilding Queensland.
To find out more, read Rebuilding Queensland after the natural disasters of the summer of 2010-11.