State Budget 2021-22
Highlights, features and outcomes
This week the Treasurer handed down the 2021-22 budget, and there’s a lot to celebrate in this budget.
Queensland is in an enviable fiscal position and leads the nation across a number of indexes.
This year Queensland’s economy will grow by 3 ¼ percent – more than double the national growth rate and thirteen times faster than predicted
200,000 jobs are now predicted to be created over the next four years.
Over this same period unemployment projected to be down to 5 percent
Queensland in fact leads not only the nation but internationally when it comes to our health and economic recovery. And we have to maximise this opportunity but investing in the right areas, setting up our state and communities for a different and even greater future.
The 2021-22 budget provides for:
$50b Infrastructure Guarantee, ensuring that vital infrastructure and job-creating projects move ahead
Skilling Queenslanders for Work and Back to Work programs to help address the current labour shortage faced by small business particularly
$2 billion in commercial renewable energy and hydrogen projects, to help provide cheaper, cleaner and reliable energy to Queenslanders.
Strong environmental protections including $500m Carbon Reduction Investment fund – the proceeds of this fund will provide certainty for land restoration projects now and into the future;
continued implementation of Queensland’s Waste Management and Resource Recovery Strategy through a commitment of $93.6m over four years and $24.2m ongoing and
$270.1m over five years to maintain the Queensland Reef Water Quality program
$27.6m to continue the work of managing Native Title Compensation claims in Queensland
Continued support of people with a disability; $22.7m to support peak and advocacy services in the disability sector, and $7.3m for continuity of support for former DS clients who have not been deemed eligible for the NDIS
Near-record investment of $6.1b in discounts, rebates, subsidies and concessions (public transport, rental assistance, drought relief, electricity bill rebates)
Continued focus on women’s issues and safety
$155m to tackle domestic and family violence including the continuation of the Women’s Safety and Justice taskforce
$65m for women’s health initiatives including breast screening and gynecological services -
Expanding the maternity ward in Logan Hospital
I’m particularly thrilled about our announcement of Establish a $300m Path to Treaty fund, and have to acknowledge particularly the work of the Treaty Advancement Committee – Dr Jackie Huggins who calls my electorate of Cooper home, Mick Gooda, Michael Lavarch, Josephine Bourne and Sallyanne Atkinson.
This investment sets a new national benchmark, and guarantees progress in our Path to Treaty.
Closer to home, those of us in Cooper will benefit from a number of city-wide projects, including:
Cross River Rail, a $6.8b project fully funded by the State Government. The largest transport project ever undertaken in Queensland with a new 10.2klm rail line from Dutton Park to Bowen Hills
$2b Hospital Building Fund creating additional 174 beds in south-east Queensland, and delivery of satellite hospitals in Bribie Island, Caboolture, Brisbane South, Pine Rivers, Ipswich and Redlands, this will address growth pressures across the health system,
$2.6 billion Building Future Schools program delivering a further ten new schools to again ease the pressures on existing suburban schools
$2.9b total housing investment – the largest concentrated investment in social housing in Queensland’s history. We’ve also released a new $1.9b Action Plan that shows our path forward to address housing needs across Queensland, increasing the supply of social and affordable housing by almost 10,000 over the life of the strategy – including 7,400 new builds over the next four years to get vulnerable Queenslanders into homes sooner
Construction of a new 1000 bed correctional centre in Southern Queensland. This centre will adopt a therapeutic health-centred service delivery model to address substance addiction and mental health issues which we know is critical in keeping people cycling back through our criminal justice system. This is on top of expanded mental health tertiary services in for example the Gold Coast University Hospital and Kingaroy Hospital
We’re continuing our investment in the arts – delivering a $175m new state-of-the-art theatre for Brisbane, co-located with QPAC and contributing a further $7m to extend our live music venue support
Many people aren’t aware of the financial support the Queensland government provides to Local Government; this budget provides $80m as part of the $200m Works for Queensland program to support local governments (including Brisbane City Council) to undertake maintenance and minor works programs, and a further $25m in local government grants and subsidies for priority infrastructure projects to meet identified community needs and enhance sustainable and liveable communities
Continued investment in stadiums including the Ballymore precinct which will undergo a major redevelopment transforming it into a home for the National Ruby Training Centre, women’s rugby, the Pacific Pathways Program, Queensland Reds and Queensland Rugby Union
Additionally, funding for the following electorate-specific projects are guaranteed in the 2021-22 budget:
$7.5m investment in local Cooper schools, including
The Gap State High school – additional classrooms, sports and tuckshop upgrade
Milton State School - for additional classrooms
Upgrade to Block 1 and Prep Classrooms for Hilder Road State School
Ithaca Creek State School -
Funding to finalise the GPS Rugby and Valley’s Cricket facilities upgrade and nets
$420,000 contribution to replace the Gresham Street bridge
Ashgrove Advance Queensland of $78,000
Support for local arts sector, including $35,000 for Blue Roo Theatre and $62,500 for Toplogy
$278,871 for Bardon Community Services Grant
Bardon Meals on Wheels $5,289
Home Assist Secure Ashgrove $291,000
This budget is about delivering productivity-enhancing economic and social infrastructure, supporting economic recovery and unlocking the productive capacity that will drive sustainable growth, increased employment and quality of life for all.