The Queensland government has introduced several cost-cutting measures in its 2024-25 state budget, including discounts on vehicle registration and temporary reductions in public transport ticket prices. These initiatives aim to address the $3 billion deficit for the year and provide relief to Queensland business owners and private motorists.
Additionally, the government has increased first home buyer grants and made changes to concessions for properties and vacant land to target young families. FairPlay sports vouchers for children aged five to 17 have also been increased, along with funding for the Bruce Highway to improve safety and congestion.
Transport and Main Roads Minister Bart Mellish emphasized the importance of safety and congestion relief, stating that additional funding would be allocated to address these issues. Queensland Treasurer Mr. Miles highlighted the government’s focus on reducing the cost of living for residents through various initiatives in the budget.
Economist John Humphreys expressed skepticism about the government’s decision to run a deficit, suggesting it was politically motivated. The state opposition voiced support for financial relief but criticized the Labor government’s approach, highlighting the need for long-term cost of living solutions.
The full budget was released on June 11, outlining the government’s plans and initiatives for the upcoming financial year. Please rewrite this sentence.
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