The Queensland government will set aside $200 million in funding for infrastructure to unlock more housing lots in the crowded southeast in this month's budget.
Deputy Premier Steven Miles says $50 million in equity funding will be available for new roads, water and sewerage infrastructure and other public facilities in Brisbane Brisbane, Redlands, and the Gold and Sunshine coasts.
Another $150 million in equity funding will be set aside in the June 21 budget for major infrastructure in new suburbs like Ripley Valley and Greater Flagstone, south of Brisbane.
Mr Miles says the state government doesn't control local land supply, but funding infrastructure will help unlock lots for housing.
"Once that infrastructure is there, developers tell us that they will be able to open up those slots," he told reporters on Thursday.
The deputy premier said the state government was also working with local governments to work out where land was blocked throughout the greater southeast.
"We need to go, effectively, lot by lot and determine what it is that's keeping those lots off the market. What we can do to assist," Mr Miles said.
"Sometimes that's money, sometimes that's planning, sometimes it's getting developers to work together in some areas."
The announcement comes a day after Treasurer Cameron Dick indicated coal royalties would be raised for the first time in a decade to prop up the budget.
Mr Dick said the changes were still being worked out, but the Queensland Resources Council have slammed the plan, saying they haven't been consulted about it.
In December, he forecast coal royalties of $4.6 billion for 2021/22, up from $2 billion predicted in last year's budget.
Queensland Resources Council chief executive Ian Macfarlane said surging coal prices will end up lifting royalties to $6 billion in this financial year.
He said the industry had been trying to speak with Mr Dick about royalty changes since February, but the treasurer put off talks until last week.
Mr Macfarlane said the industry doesn't have any details about the plans.
"So we're literally punching at smoke," the QRC boss told reporters on Wednesday.
The treasurer also said he would increase taxes on bets taken by wagering firms from 15 per cent to 20 per cent.
Mr Dick said 80 per cent of that revenue will go to race regulator Racing Queensland, with the remainder to flow into government coffers.
Ahead of the budget, the government has taken control of bond holdings from the Residential Tenancies Authority, allowing the government reap interest earnings from rental bonds.
The treasurer last week foreshadowed a deficit of less than $1.7 billion in 2022/23, down from the $2.4 billion deficit forecast just six month ago.
