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Labor government’s $3 billion election war chest strategy

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The Queensland Labor government will fight this year’s state election armed with a $3 billion war chest, set to be used to announce major projects in the lead-up to October 31.

The state’s Treasurer, Cameron Dick, confirmed the news on Monday, announcing a further $1 billion will also be borrowed to invest directly into businesses to create jobs off the back of the COVID-19 pandemic.

Of that $1 billion, $500 million will be spent on a new renewable energy fund, while another $500 million…



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