Queensland Leads the Way as State Basks in Budget Surplus

Queensland Treasurer Cameron Dick has announced the approval for the proposed merger between QSuper and Sunsuper on March 15 2020. Jono Searle/Getty Images

Queensland’s booming economy should be a budget blueprint for the rest of the country as the state continues to bask in a historic surplus.

Treasurer Cameron Dick said the $12.3 billion (US$8.3 billion) surplus for 2022/23 was the largest for any state or territory, and Queenslanders deserve a slice of the record revenue generated by a booming resource sector.