Queensland government debt is set to blow out to over $100 billion as the pandemic takes a sledgehammer to the state's bottom line.
Brandishing the first dollar he ever earned,Queensland's Treasurer spells out massive changes and cuts to come for the public service.
First home buyers in regional parts of the state can now apply for $5000 grants if they are building a new home.
The borders will remain closed for the next few months,despite mounting pressure to enable travel to stimulate the economy
Queensland has a path to recovery from the coronavirus,but it is a long one,Premier Annastacia Palaszczuk says.
Treasurer Jackie Trad has not ruled out increasing Queensland's debt bill to save the state from economic ruin.
Coronavirus measures alone have wiped out the planned surpluses of every state bar Western Australia,but it is also being hit by tumbling revenues.
Hundreds of Queensland Treasury officials will work on the state budget from their homes if there is a widespread outbreak of novel coronavirus.
Queensland's mining companies could be leaned on to boost the state's stagnating cash flow,with Jackie Trad not ruling out a hike to royalties in the budget.
Treasurer Jackie Trad says taxpayers should expect to see the impact of coronavirus reflected in the government's budget,due in April.
The Queensland government came up $1.1 billion short last financial year.