Queensland Budget Supports Housing and Prisons, But Debt Continues to Grow

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Queensland Budget Supports Housing and Prisons, But Debt Continues to Grow

The LNP will make large investments into building new homes and dealing with youth crime.

Queensland Budget Supports Housing and Prisons, But Debt Continues to Grow

Deputy Premier Jarrod Bleijie (L) and Premier David Crisafulli arrive to talk to media after being sworn in at Government House in Brisbane, Australia, on Oct. 28, 2024. AAP Image/Jono Searle

Crystal-Rose Jones

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State Treasurer David Janetzki has delivered the first Liberal National Party (LNP) budget since 2014 with a focus on public service and safety, along with the 2032 Olympics.

But underscoring the budget is a forecast $190.4 billion (US$123 billion) of amassed debt expected by the 2027-28 financial year—a growth of $20 billion on the state’s existing tab.

Crystal-Rose Jones

Crystal-Rose Jones is a reporter based in Australia. She previously worked at News Corp for 16 years as a senior journalist and editor.

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