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Australia politics live: NSW to lower road toll cap and Queensland to promise infrastructure in today’s state budgets

Australia politics live: NSW to lower road toll cap and Queensland to promise infrastructure in today’s state budgets

Summary

Queensland and New South Wales (NSW) governments are releasing state budgets with key changes to infrastructure spending and road tolls. Queensland plans a cautious budget focused on infrastructure and avoiding new taxes, while NSW will lower the weekly toll cap from $60 to $50 for one year to help drivers with costs.

Key Facts

  • Queensland Treasurer David Janetzki will present his second budget, budgeting $119.2 billion for infrastructure over four years.
  • Queensland will spend $55.9 billion on roads and transport upgrades, replacing a planned Gold Coast light rail with a bus project.
  • Queensland government finances are under pressure, with debt predicted to reach 150% of revenue by 2028.
  • Queensland officials promise no new or increased taxes and will continue funding a 50-cent public transport fare.
  • NSW will reduce the weekly toll cap from $60 to $50 for one year starting July 6 to ease costs for drivers.
  • Nearly 950,000 NSW toll users have received cash back under the current toll cap.
  • NSW will scrap tolling administration fees from July for drivers without a toll account, as promised before the 2023 election.
  • NSW Treasurer Daniel Mookhey said the budget will focus on relief, reform, and financial discipline without introducing free fares like Victoria.
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