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It has been touted as a cost-of-living budget designed to ease pressure, but a week on, a leading analyst says the Queensland 2024-25 budget is anything but.
The government has also increased first home buyer grants in an electoral bid to target young families.
‘A regulation may not prescribe a coal rate that is lower than the coal rate in effect immediately before the commencement of the regulation.’
Total state government debt is set to reach $188 billion by 2027-28.
A reduction in royalties and a $96 billion infrastructure pipeline means more government borrowing will be needed.
