Queensland Government COVID-19 Fiscal & Economic Review
Queensland Treasurer Cameron Dick delivered the State Government's COVID-19 Fiscal and Economic Review on Monday outlining the economic position and projections for the State.
This week marks not only the last sitting of Parliament for the year but the last before the October 31 State Election. Highlights include payroll tax waivers extended for small business, land tax rebates extended, and a $1 billion commitment towards renewable energy projects and small businesses.
Key figures for Queensland:
- $8.1 billion deficit
- Total debt exceeds $100 billion
- 9 per cent unemployment expected by December
- $249M land tax and payroll relief extensions
- $1 billion investment in business ($500M Backing Queensland Business Investment Fund & $500M Renewable Energy Fund)
Explore Next Door Campaign Launched
Attention has again turned to the family market ahead of the school holidays with a dedicated intra-regional campaign titled – Explore Next Door – targeted at locals and visitors from Cairns and Mackay.
The Explore Next Door campaign will aim to drive visitation to the regions of Charters Towers, Burdekin and Hinchinbrook with targeted social media, radio, and billboards.
Meet the Locals
In further extension of the Unlock the North Campaign, Townsville Enterprise has launched a series titled "Meet the Locals" which is aimed at showcasing the benefit of our projects to everyday North Queenslanders and our business community.