Queensland Treasury

Funding to develop the Queensland Resources Common User Facility for processing critical minerals and rare earth elements, plus a Critical Minerals and Battery Technology Fund, as part of a $150 million Common User Infrastructure commitment.

Investment in critical minerals processing and a battery technology fund supports new industries and jobs, particularly in regional Queensland.

General Government, $150M over 5 years for Common User Infrastructure. The $54M in 2023-24 combines operating ($5M) and capital ($43.95M) Common User Facility lines plus the $100M Critical Minerals and Battery Technology Fund capital line.

Funding for the Low Emissions Investment Partnerships program to drive emissions reductions, with a focus on the state's highest-emitting metallurgical coal mines.

$520 million helps coal mines fast-track investments that cut their emissions while keeping the industry competitive and protecting regional jobs.

General Government operating, $520M between 2023-24 and 2029-30 (with $500M held centrally). The $5M is the 2023-24 directly allocated line.

Funding to develop a detailed investment proposal for the construction of road tunnels between Kedron and Carseldine on Brisbane's northside.

Funding investigates building road tunnels between Kedron and Carseldine to bypass congestion on Gympie Road in Brisbane's north.

General Government operating, $35M in 2023-24

Funding to replace and modernise the legacy whole-of-government financial reporting and budget management enterprise systems to support fiscal sustainability.

Modernising government financial systems supports better budget management and fiscal sustainability.

General Government operating, $53.3M over 4 years

Funding for the Queensland Revenue Office to undertake additional taxation compliance work and debt recovery, generating additional revenue for the state.

More resources for the Queensland Revenue Office support collection of state taxes and penalty debts, helping fund government services.

General Government operating. Combines Debt Recovery and Compliance Program ($49.4M over 3 years) and Queensland Revenue Office Increased Compliance Work ($24.4M over 4 years). The $7.6M in 2023-24 combines both line items ($4.579M + $3.049M).

Continuation of the 1 per cent regional payroll tax discount for eligible regional employers, reducing payroll tax for businesses located outside South East Queensland.

Regional employers pay a 1 per cent lower payroll tax rate, reducing the cost of doing business and supporting jobs outside South East Queensland.

General Government revenue foregone. $116.1M in 2023-24, $505.4M over 4 years. This is a revenue measure; the amount is revenue foregone (tax relief to regional employers), not spending.

A payroll tax amnesty for payments to contracted general practitioners, providing relief to medical practices while the treatment of GP arrangements is clarified.

An amnesty on payroll tax for contracted GPs gives medical practices certainty and relief, helping keep general practice viable while the rules are clarified.

General Government revenue foregone. $100M in 2023-24, $300M over 3 years (2022-23 to 2024-25). This is a revenue measure; the amount is revenue foregone (tax relief to GP practices), not spending.

Continuation of the 50 per cent payroll tax rebate for wages paid to apprentices and trainees, encouraging employers to take on apprentices.

Employers receive a 50 per cent payroll tax rebate on wages for apprentices and trainees, encouraging businesses to take on young workers.

General Government revenue foregone. $48.6M in 2023-24. This is a revenue measure; the amount is revenue foregone (tax relief to employers of apprentices), not spending.

Tax concessions for eligible Build to Rent developments that provide at least 10 per cent of dwellings at discounted rents, to support construction of additional, more affordable rental housing.

Tax concessions encourage developers to build rental housing with at least 10 per cent of homes at discounted rents, increasing the supply of more affordable rentals.

General Government revenue foregone. $1.5M in 2023-24, $15.5M over 4 years. This is a revenue measure; the amount is revenue foregone (tax concessions to eligible developments), not spending.