The 2015 Queensland Budget essentially ignores the real issues in Queensland, or tries to make them vanish through creative accounting.
The budget documents themselves reach a new high in marketing excellence with the "Budget Highlights" document chock-full of infographics, adding to the impression that this is not a fair dinkum economic document.
The basics of the budget are:
Advertisement
If Queensland experiences the same growth the rest of the country expects, then expenditure will outstrip income by around 2% and a failure to invest in infrastructure will actually hold state productivity back.
At the same time, off-balance sheet liabilities are being piled-up, leaving the next generation, the one that supports Labor most heavily, with the invoice.
Discuss in our Forums
See what other readers are saying about this article!
Click here to read & post comments.
2 posts so far.