Treasurer, Minister for Energy and Minister for Home Ownership
This Budget is the foundation for the fresh start we promised Queenslanders.
This Budget is about delivering for Queensland.
This Budget comes at a time Queensland is facing some enormous challenges including a Youth Crime Crisis, Cost of Living Crisis, Health Crisis and Housing Crisis.
Queensland families and businesses have been struggling to make ends meet and paying a high price for out of control youth crime, while ambulance ramping remains stubbornly high and record numbers of Queenslanders have been languishing on surgery waitlists.
We promised a fresh start for Queensland and that’s exactly what this Budget delivers.
Our first Budget is delivering the foundation for safety where you live with more police, better resourced courts, effective early intervention and rehabilitation and better support for prevention of domestic and family violence.
New world-class early intervention and effective rehabilitation programs, as part of a $560 million investment, coupled with $347.7 million to implement the Making Queensland Safer laws, and 1,600 new police recruits armed with more resources, will start to turn the tide on youth crime.
This Budget is delivering a better lifestyle through a stronger economy. Targeted cost of living relief as well as structural, long- term measures will put downward pressure on energy prices and ease pressure on rents.
Queensland families are still doing it tough which is why we will deliver a new $100 Back to School Boost and $200 Play On! voucher programs offering immediate financial assistance to Queenslanders, supporting the next generation of athletes and boosting education opportunities.
We are delivering a place to call home for more Queenslanders by kick-starting new housing through a $2 billion Residential Activation Fund and investing $5.6 billion into new social and community housing, while our Boost to Buy nation-leading home ownership scheme will help reduce the deposit gap for first buyers to unlock home ownership for more Queenslanders sooner.
This is also a Budget delivering the foundation of health services when you need them. Our fully funded Hospital Rescue Plan will deliver more than 2,600 extra hospital beds, 3 new hospitals and 10 major hospital expansions – more free healthcare than ever before.
We are investing $1 billion into more ambulance stations and paramedics to reduce record-high ambulance ramping, along with initiatives to streamline triaging in Emergency Departments and 7 Day Hospitals, to ensure patients can go home when they’re ready to.
The 2025–26 Budget is delivering the foundation of a plan for Queensland’s future with generational infrastructure for our growing population, including The Wave all the way to the Sunshine Coast Airport and a historic 80:20 funding deal for $9 billion of upgrades for the Bruce Highway up the spine of our State.
We are delivering 15 new schools, including 2 primary schools, a high school, 6 special schools, as well as more teachers and safer classrooms supported by a nation- leading education deal with the Australian Government.
This Budget restores respect for taxpayers’ money, supported by the implementation of the Queensland Productivity Commission and Queensland Government Consulting Services to boost productivity and reduce wasteful spending, just as we promised.
For the first time in this Budget, Queenslanders can see a credible pathway back from fiscal vandalism to responsible economic management. The important first step is a deficit to sustainably fund the programs, services and infrastructure needed to lay the foundation of a fresh start for Queensland’s future, while Budget repair across the coming years simultaneously restores respect for Queenslanders’ money.
This Budget is Delivering for Queensland.
Hon David Janetzki MP
Treasurer, Minister for Energy and Minister for Home Ownership