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The New Daily
The New Daily
National
John Crouch

Record-breaking budget surplus to deliver rich rewards

Queensland Treasurer Cameron Dick says progressive coal royalties have led to a record surplus. Photo: AAP

Queenslanders are being showered with electricity bill relief, free kindy and a raft of other cost-of-living measures as soaring coal royalties powered the state budget to a historic surplus.

Treasurer Cameron Dick said the $12.3 billion surplus for 2022/23 was the largest on record for any Australian state or territory, while declaring “help is on the way” for people struggling with rising inflation and interest rates.

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