Queensland State Budget 2024-25
Posted on June 20th, 2024
After announcing the State Budget for 2024-25, the Central Queensland region action plan was the first to be presented in Yeppoon this week by the Deputy Premier, Treasurer and Minister for Trade and Investment, the Honourable Cameron Dick MP.
Specific announcements include $52.9M infrastructure overhauls at Stanwell, $92M Clean Co for renewable projects, $174.5M Boulder Creek Wind Farm, $5M for the first stage of the clean up of the old Great Keppel Island resort site, $4.4M Rockhampton Special School, $16.6M Rockhampton hospital cardiac hybrid theatre.
Business Chamber Queensland has prepared a comprehensive budget analysis. Business Chamber Queensland FY25 Budget | Analysis for Queensland Businesses – https://businesschamberqld.com.au/news-and-resources/fy25-budget-analysis-for-queensland-businesses/
Queensland Tourism Industry Council (QTIC) has prepared a comprehensive summary, 2024-25 State budget tourism overview
While QTIC welcomes investment in economic development and key infrastructure projects, the budget is unfortunately light on support measures for small business and tourism.
It is pleasing however, to see the confirmation of funding levels for Tourism and Events Queensland that were put in place in the forwards last year, increased funding for Growing Future Tourism Projects, additional funding for Bush Tourism, and release of funding for First Nations tourism.
QTIC is providing an overview of the state budget from a tourism perspective. They invite you to download and read the major industry-related initiatives that have been allocated within the 2024-25 budget.
State budget overview – https://capricornenterprise.com.au/wp-content/uploads/2024-2025-QTIC-State-Budget-Overview.pdf