Queensland's major political parties waited until the final stages of the state election campaign to reveal the costings of their promises, leaving reporters scrambling to analyze the figures.
Queensland's major political parties waited until the final stages of the state election campaign to reveal the costings of their promises, leaving reporters scrambling to analyze the figures.
Queensland's major political parties waited until the final stages of the state election campaign to reveal the costings of their promises, leaving reporters scrambling to analyze the figures. With over a third of voters already casting their pre-poll votes, many questioned the timing of these announcements.
The Liberal National Party (LNP) outlined $7.12 billion in promises, with shadow treasurer David Janetzki explaining that these would be funded by cutting $6.8 billion in consultancy and contractor expenses. However, experts, such as QUT's Annette Quayle, warned of potential challenges, pointing out the New South Wales government's failed attempt to cut similar costs.
The LNP has committed to developing in-house expertise through a new agency, Queensland Government Consulting, modeled after a federal initiative. Janetzki claimed this could lead to significant savings, though Labor Treasurer Cameron Dick expressed skepticism.
While the LNP promises to avoid borrowing, Labor plans to fund its $9.7 billion in election promises through additional borrowing, raising concerns over Queensland's credit rating. S&P Global has already warned that rising debt levels could threaten the state's AA+ rating, casting doubt on Labor's fiscal discipline.
Both major parties emphasized construction and infrastructure projects in their campaigns. Labor promised nearly $7 billion for roads, hospitals, and schools, while the LNP pledged $4.5 billion for similar projects. Dr. Annette Quayle noted that construction workers stand to benefit the most from these commitments.
In contrast, the Queensland Greens made bold promises, including $60 billion for public housing, setting them apart from the more conservative spending of the major parties.
Polling suggests that voters may be ready to end Labor’s nearly decade-long rule, with many expecting an LNP victory. However, the late release of election costings is seen as a strategy to limit potential damage to both parties. Regardless of the outcome, the focus remains on fiscal management and infrastructure spending in the final days leading up to the election.
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