00:02Holding hot-off-the-press budget papers, spruiking substance over style.
00:07This is a budget that delivers stability for Queensland.
00:11David Janetsky's second budget headlined by targeted cost-of-living relief.
00:15The back-to-school boost, a rebate for costs like uniforms and books for all primary school kids,
00:21will increase from $100 to $150.
00:24Yeah, it's $50 at the end of the day. It's not a lot of money, but it's something.
00:29And $200 sports equipment vouchers will continue.
00:33The cost of probably getting those things have probably gone up about that within the last year or two anyways.
00:38Electricity rebates for 700,000 vulnerable households will increase from $386 to $399.
00:46There isn't a cost-of-living and housing package that will make a difference to families now.
00:52We're easing pressure on those big kitchen table bills.
00:56But there are no sweet treats for small business.
00:59The government asking retailers to pass on cheaper energy costs.
01:03We weren't looking for a lump sum. We're just looking for a reduce in electricity,
01:06just to help us get through, especially with the cost of fuel.
01:10Labor-era 50-cent fares will be enshrined in law, but widespread electricity rebates are a thing of the past.
01:17It condemns Queensland families who are struggling right now to pay their mounting bills all on their own.
01:25Bulk water prices will be frozen for south-east Queensland households, providing an average saving of $130 over two years.
01:34But some university students need support to pay for the essentials.
01:38It would be a lot nicer if there was some sort of food vouchers coming out. Quite frustrating.
01:45Queensland's deficit is expected to reach its highest level this financial year,
01:49before a small surplus of $619 million in the 2029-30 financial year.
01:56There's a record $35 billion health investment.
02:00Doctors will be disappointed that the government's spend on health this year in their budget has not kept pace with
02:07either demand or inflation.
02:09Almost $56 billion has been committed to roads and transport.
02:13You probably couldn't pump any more investment into the system if you tried.
02:17And almost $6 billion for social and community housing.
02:21Queensland's debt is forecast to soar to $216 billion by the end of the decade.
02:27Total state debt will be lower each year across the forward estimates than previously forecast.
02:33The Treasurer has warned a credit rating downgrade is inevitable.
02:38So what we'll be doing over the next couple of weeks will be scrutinising the budget,
02:42asking the government questions and reviewing our position on the rating.
02:46Interest repayments are forecast to double from $5.4 billion this financial year
02:51to almost $11 billion by the 29-30 financial year.
02:56There's been an increase of more than 8,000 public service jobs like teachers, nurses and police.
03:02Only 34 of those corporate roles.
03:04And the cap on non-frontline senior executives has been lowered,
03:09estimated to save $54 million over the next four years.
03:13Public service gives fearless and frank advice.
03:15The government sets the agenda and the vision of the day
03:17and then everybody collectively works to serve the state.
03:20This LNP government is desperate to dispel the ghost of Campbell Newman,
03:26touting its commitment to frontline workers.
03:28This is a deliberately cautious budget amid global volatility from the Middle East conflict
03:35and the fallout from a controversial federal budget.
03:39government to reach the budget.
03:39At LNP government is aда-drop,q
03:41-1-6-7-8-8-8-8-8-8-8-8-8-8-4.
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