Agency budget highlights
The 2012-2013 budget lays the foundations of the government's commitment to returning the budget to surplus, lowering the cost of living while investing in frontline services and growing a four pillar economy based on Agriculture, Construction, Resources, Tourism.
The department’s role in this of delivering innovative and economically responsible outcomes will be assisted through this budget.
Key agency budget highlights include:
- $495 million Royalties for the Regions program to fund regional community infrastructure. The program is formed in three funding streams:
- Resource Community Building Fund – $170 million over four years
- Roads to Resources – $285 million over four years
- Floodplain Security Scheme – $40 million over four years
- $10 million earmarked for floodplain mitigation works
- $10 million for improved community infrastructure such as sporting, health or education facilities
- $40 million for enhancing the safety and capacity of roads
- A freeze on coal royalties from 1 October 2012 for the next decade to provide long term certainty for the industry
- $30.5 million for resource and industry growth in Gladstone and Townsville
- $25 million for the Land Supply, Economic and Regional Development Initiative
- $2.5 million for the GasFields Commission
- $2.5m for the Trinity Inlet project.
Queensland state budget 2012-13
- View the complete Queensland State Budget 2012-13 including all Queensland Government departments.