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The Guardian - AU
The Guardian - AU
National
Ben Smee and Eden Gillespie and Joe Hinchliffe

Queensland state budget increases taxes on miners, big business to fund new hospitals and mental health services

Cameron Dick Queensland Mental Health Coal
Queensland treasurer Cameron Dick.
Queensland treasurer Cameron Dick announced a $23.6bn spend on healthcare in the 2022 state budget. Photograph: Darren England/AAP

Queensland has announced plans to increase royalties on coal companies amid record profits, as surging prices for fossil fuels help fund investment in the state’s healthcare sector.

The Queensland treasurer, Cameron Dick, said the state would record an unexpected $1.9bn surplus in 2021-22 off the back of surging prices for fossil fuels, although a small deficit is forecast next financial year.

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