Overview

• Queensland will invest a record $33 billion in its public health system and fund 4,500 extra health workers in 2025–26.
• The Queensland budget forecasts an $8.6 billion deficit and total debt is projected to reach $205.7 billion by 2028–29.
• Queensland’s shared equity scheme will let 1,000 first home buyers purchase with a 2 percent deposit and cost-of-living relief measures include $100 back-to-school vouchers.
• NSW Treasurer Daniel Mookhey secured a $1 billion pre-sale finance guarantee to accelerate construction of 15,000 homes and made permanent a 50 percent land tax discount for build-to-rent projects.
• New South Wales will invest $1.2 billion in child protection services, boost foster care allowances by 20 percent and allocate $12.4 billion to health infrastructure over four years.