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Redland Bayside News > Featured > Budget promises tax relief, infrastructure and cost-of-living support
FeaturedState Politics

Budget promises tax relief, infrastructure and cost-of-living support

Andrew Jefferson
Andrew Jefferson
Published: June 23, 2026
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4 Min Read
A composite created on Monday, June 22, 2026 featuring QLD Treasurer, David Janetzki, with Olympic rings in the background. (AAP Image/Susie Dodds) NO ARCHIVING
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QUEENSLANDERS will receive a mix of cost-of-living relief, major infrastructure investment and frontline service funding under the Crisafulli Government’s 2026-27 State Budget.

The Budget, handed down by Treasurer David Janetzki, includes no new or increased taxes and outlines plans to reduce state debt while returning the Budget to surplus by 2029-30.

Premier David Crisafulli said the Budget focused on delivering better services, stronger economic growth and long-term investment in Queensland’s future.

Among the key measures are an increased $150 Back to School Boost for families, a two-year freeze on South East Queensland bulk water prices, permanent 50 cent public transport fares and lower electricity prices for Ergon Energy customers.

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The Government has also committed to locking several initiatives into legislation, including permanent 50 cent fares, the abolition of stamp duty for first-home buyers purchasing new homes and the removal of Labor’s Patient Tax.

The Budget includes a record infrastructure pipeline worth more than $119 billion over four years, including major investments in roads, transport, health and housing.

A $55.9 billion transport package includes upgrades to the Bruce Highway under a restored 80:20 funding agreement with the Federal Government, a new Gold Coast Transport Plan and The Wave public transport project extending to the Sunshine Coast Airport.

Health infrastructure remains a major focus, with funding allocated for three new hospitals at Toowoomba, Coomera and Bundaberg, alongside 10 hospital expansions and more than 200 additional hospital beds expected to come online within the next year.

The Government has also fast-tracked its $2 billion Residential Activation Fund, designed to unlock land and accelerate housing construction.

More than $1 billion has been added to social and community housing programs, bringing total investment in the sector to $5.7 billion.

New initiatives aimed at strengthening Queensland’s economy include a Fuel Security Plan to support local fuel refining and storage capability, as well as a Critical Minerals Program intended to accelerate investment in mining and processing projects.

The Budget also includes funding for additional frontline workers, with the Government pledging more police, nurses, doctors and teachers across the state.

Premier Crisafulli said the Budget delivered on key election commitments while maintaining fiscal discipline.

“We are delivering what we said we would, with the hospitals, schools, generational infrastructure, housing and police we promised, all with no new or increased taxes,” he said.

Treasurer Janetzki said the Budget balanced cost-of-living support with long-term financial sustainability.

“Where other governments have taken the easy road through higher taxes, we have chosen to make the responsible decision for now and the future, with no new or increased taxes,” he said.

The Government says state debt will be $73.5 billion lower by 2029-30 than previously forecast under Labor, while the Budget is projected to return to surplus in the same year.

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