Wednesday, July 15, 2015

Qld Budget – Jobs Now, Jobs for the future

Jobs Now, Jobs for the future
Dear Fellow Queenslanders,

It is with much pride that I am able to showcase the Palaszczuk Government’s first Budget. This is a Budget that demonstrates a better way. It is a Budget that will grow our economy, generate jobs and restore frontline services. As promised, all of our election commitments have been included in this Budget and have been paid for by smarter savings, like reducing advertising and consultants.

Job creation is the Government’s number one priority. More Queenslanders in work means a more prosperous and inclusive future for us all. That’s why this Budget will focus on employment. Our Working Queensland program will help create the conditions for growing jobs and building new businesses leading to jobs now, and jobs for the future.

Working Queensland will help boost Queensland’s productivity through skills development, by fostering emerging and innovative industries and by supporting investment in infrastructure.

In coming years, Working Queensland will also create the highly paid jobs of tomorrow by revitalising science and innovation and cultivating emerging industries like biotechnology through our Advance Queensland package, including the Business Development Fund, to turn smart ideas into commercial reality.
Infrastructure will always play a key role in our decentralised State, not only by giving Queenslanders access to the facilities that make our State grow and prosper, but to provide jobs and new investment in our economy.

That’s why our $10 billion infrastructure spend in this year’s Budget will include the commencement of an injection of $500 million in new funding for new schools, education maintenance and hospital refurbishments. Local projects supporting local jobs.

This is a Budget that will restore frontline services. In fact, we will spend more on health and education than ever before, ensuring that the quality of our hospitals and schools are returned to the level this great State deserves. This is a Budget that will lead Queensland to financial sustainability while keeping our income-generating assets in public hands. A $1.2 billion surplus is forecast in 2015-16, with surpluses totalling $6.9 billion over the next four years. This is the first Budget since 1999-2000 to forecast a reduction in debt across the forward estimates. Our Debt Action Plan will significantly reduce debt now and keep it down for the future. By bringing our Budget back to sustainability we will demonstrate a better way for Queensland.

Curtis Pitt
Treasurer
Minister for Employment and Industrial Relations
Minister for Aboriginal and Torres Strait Islander Partnerships

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