A message from the Treasurer

This Budget is strengthening the foundation we’ve laid for a Fresh Start. We are delivering for Queensland, just as we promised.

This year’s Budget strengthens the foundation for a fresh start, in the face of significant international and national pressures.

Rising interest rates and surging inflation, a national fuel crisis caused by global war, uncertainty from the Federal Budget and the budget challenges we inherited, have all placed considerable pressures on the Queensland Budget. Despite these challenges, the 2026-27 Budget continues to deliver on our commitments, all with no new or increased taxes.

This is a Budget delivering better services through a stronger economy for all Queenslanders with relief you can rely on, building Queensland’s future with generational infrastructure and a place to call home for more Queenslanders, and making Queensland safer with more police, stronger laws, early intervention and rehabilitation.

We’ve avoided the easy decisions made by other jurisdictions that have chosen to increase taxes and reduce services. We are continuing budget repair after a decade of the former Government’s fiscal mismanagement left Queensland with record debt, ongoing deficits and unfunded pressures baked in.

This Budget continues the calm and methodical delivery of our promises with respect for Queenslanders’ money, a focus on helping Queenslanders through the tough times and making responsible decisions for now, and in the future.

This Budget is delivering for Queensland.

Hon David Janetzki MP
Treasurer, Minister for Energy and Minister for Home Ownership