Queensland’s booming economy should be a budget blueprint for the rest of the country as the state continues to bask in a historic surplus.
Treasurer Cameron Dick said the $12.3 billion (US$8.3 billion) surplus for 2022/23 was the largest for any state or territory, and Queenslanders deserve a slice of the record revenue generated by a booming resource sector.
“Every jurisdiction will make its own decision about how it seeks to raise revenue, but in the budget last year, when we saw those extraordinary historic prices for coal up to $900 Australian a tonne for Queensland steelmaking coal, I formed the view as treasurer that Queenslanders deserved a fair share,” the treasurer told the ABC on June 13….
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