# Queensland Budget Balances with Big Investments

Page: https://stenobird.com/podcast/brisbane-news-today-2-min-news-the-daily-news-now-7581033/queensland-budget-balances-with-big-investments
Text version: https://stenobird.com/podcast/brisbane-news-today-2-min-news-the-daily-news-now-7581033/queensland-budget-balances-with-big-investments.md
Podcast: [Brisbane News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/brisbane-news-today-2-min-news-the-daily-news-now-7581033)
Published: 2026-06-23T04:22:48+00:00
Episode link: https://api.fastcast.ai/audio/5ed0cfd2-e69d-4a39-a8cd-9140ad9e8f8a.mp3
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Duration seconds: 113

## Resource

Queensland’s budget faces a hefty $6.2 billion deficit this year—but it’s the first time under this government that a surplus is actually on the horizon, projected by 2029–30. The treasurer credits smart spending, avoiding tax hikes or service cuts. Yet debt keeps climbing, hitting $162 billion by 2026–27 and soaring to $216 billion by 2029–30—with nearly $11 billion just to cover interest. On the cost-of-living front, Back to School Boost vouchers jump to $150, public transport fares stay at 50 cents, and water bills freeze for southeast Queenslanders, saving households $130. The public service grows with 4,500 new frontline roles—teachers, doctors—and $100 million for social housing, targeting 53,000 homes by 2044. Big infrastructure investments loom too: a new Gold Coast transport plan, Bruce Highway upgrades, and early funding for the 2032 Olympics, including venues and athlete villages. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/07f01f1261083e0a

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## Transcript

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