Noosa News
Queensland Budget 2020: Winners and losers
Posted
Find out what the Queensland Budget means for you.
Loser: Queensland’s debt
- Queensland’s debt levels are set to soar to $130 billion by 2023-24 amid increased borrowings and falling revenue
- Last year’s budget — before the COVID-19 crisis — had forecast debt would hit $90.7 billion by 2022-23
- Treasurer Cameron Dick says doing anything other than borrow to rebuild would “condemn our economy to years of austerity and a far slower and more painful…
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