Message from the Deputy Premier and Treasurer
Queensland continues to lead the nation when it comes to economic growth and strong labour market conditions, while challenged by an unprecedented increase in the population and global inflationary pressures.
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Cost of Living Action
$3.739 billion in new and expanded cost-of-living action.
$1,300 electricity bill support
All Queensland households will automatically receive $1,300 off their electricity bills in 2024–25. An upfront $1,000 Cost of Living Rebate from the Queensland Government, and a $300 rebate from the Australian Government paid quarterly.
50c fares cheaper public transport
A flat fare of 50 cents will be applied across the state’s Translink public transport network for 6 months from 5 August 2024.
20% off vehicle registration
Car registration costs will be reduced 20 per cent for 12 months. The discount will benefit around 5.7 million Queenslanders.
$200 Fairplay vouchers
Up to $200 in vouchers to help Queensland children and young people aged between 5 and 17 years to participate in sport and active recreation activities.
First home concession
Eligibility for the first home concession will be extended to homes with a dutiable value up to $800,000 (up from $550,000 currently).
½ price Brisbane Airtrain
Airtrain tickets to and from Brisbane Airport terminals will be half price for 6 months from 5 August 2024.
Find out how you can save – visit
www.qld.gov.au/costoflivingaction
Budget priorities and initiatives
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First Nations acknowledgement
Queensland Treasury acknowledges Aboriginal peoples and Torres Strait Islander peoples as the Traditional Owners and custodians of the land. We recognise their connection to land, sea and community, and pay our respects to Elders past, present and emerging.
'Rich history, thriving future' artwork by David Williams of Gilimbaa.
