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QUEENSLAND BUDGET 2024

QUEENSLAND BUDGET 2024

What is in it for me?

Electricity Rebate Icon $1,300

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.

CHEAPER PUBLIC TRANSPORT 50c FARES

A flat fare of 50 cents will be applied across the state’s Translink public transport network for 6 months from 5 August 2024.

VEHICLE REGISTRATION 20% OFF

Car registration costs will be reduced 20 per cent for 12 months. The discount will benefit around 5.7 million Queenslanders.

FAIRPLAY VOUCHERS $200

Up to $200 in vouchers to help Queensland children and young people aged between 5 and 17 years participate in sports 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).

BRISBANE AIRTRAIN ½ PRICE

Airtrain tickets to and from Brisbane Airport terminals will be half-price for six months from 5 August 2024.

What’s in it for Toowoomba?

Gatton – Helidon Road safety upgrades

$33 million in 2024-25 out of a $67.1 million total spent towards safety upgrades on Gatton – Helidon Road. The Australian and Queensland governments have committed $67.1 million to deliver the Gatton – Helidon Road, improve the safety project (total commitment $34.1 million), and the Gatton – Helidon Road, Stage 2, undertake safety treatments on high-speed sections project (total commitment $33 million).

This investment will construct a range of safety treatments, including road widening, installing wide centre lines, dedicated turning lanes, audio tactile line marking, new signage and removing roadside hazards. Part of the Australian Government’s Road Safety Program, delivered in partnership with the Australian Government.

New Toowoomba Hospital

$180 million in 2024-25 out of a $1.3 billion total spend to deliver the new Toowoomba Hospital. $1.3 billion has been committed to address increasing health service demands across the state over the next 6 years.

When operationalised, the new Toowoomba Hospital will provide an additional 118 beds across medical, surgical, maternity, coronary and intensive care units.

As well as additional operating theatres, Emergency Department treatment spaces, outpatient consultation rooms, diagnostic rooms, and expanded medical imaging, pharmacy and pathology. Part of the Capacity Expansion Program.

InterLinkSQ Intermodal Terminal

$8 million in 2024-25 out of a $16.1 million total spend for delivery of a new road and rail intermodal facility to improve productivity in the transfer of freight between trucks and trains, supporting industry. Part of the Building Acceleration Fund, delivered in partnership with the private sector.

Toowoomba to Warwick Pipeline

$56 million in 2024-25 out of a $273.1 million total spend to continue pre-construction activities on the Toowoomba to Warwick Pipeline.

The 109km pipeline will provide a permanent water supply to 3,400 residents in Toowoomba’s growing communities of Greenmount, Cambooya, Nobby and Clifton and a much-needed drought contingency supply to 24,000 residents in Warwick and surrounding communities.

The project will deliver an average of 400 jobs during construction and provide ongoing water security which is critical to the jobs, economic growth, and liveability of Queensland communities.

Water treatment to four communities in the Toowoomba region

$6 million in 2024-25 out of a $15 million total spend to continue construction of water treatment and supply works for its four satellite communities of Cambooya, Greenmount, Nobby and Clifton.

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