Affordable housing, infrastructure spending, mental health, new schools, family violence and drug courts and 6,000 more public servants are expected to be some of the cornerstones of Queensland Treasurer Curtis Pitt’s budget today (Tuesday).
It is a budget with real heart, with a focus on people doing it tough, whether it is people battling drug addiction or poor mental health, children in unsafe situations or those who cannot afford a secure place to live and one likely to help Ms Palaszcuk’s bid for re-election in around six month’s time.
One of Queensland Premier Annastacia Palaszczuk’s biggest ticket items in today’s budget, which will be announced around 2.30pm, will be $1.8 billion for social and affordable housing under the state’s new 10-year Queensland Housing Strategy.
The money will be used to build 4,522 new social homes and 1,034 affordable homes and introduce targets for social and affordable housing of between 5 to 25 per cent for new homes built on state land.
It also includes $20 million for new Youth Foyers in Townsville and the Gold Coast and expanding the Logan foyer. The service, run by Wesley Mission, provides supported accommodation and social and emotional support for marginalised young people aged 16 to 25.
The government has also committed to creating housing and homelessness hubs; $30 million to reform the housing system and $75 million for Aboriginal and Torres Strait Islander home ownership. It is expected there will be 450 full-time construction jobs created a year.
Ms Palaszczuk called the $1.8 billion investment ‘a launch pad for opportunity and aspiration’.
“Secure housing enables young people to finish their education. It provides the stability that keeps families together. And it gives people the secure base they need to get and keep a job,” she said.
Queensland Treasurer Curtis Pitt said state-wide expressions of interest for initial projects would be online from today.
“Our ten-year construction program provides industry with a stable and predictable program of work so they can have certainty,” Mr Pitt said.
“This is about best practice procurement, working to match projects to appropriate partners, creating opportunities for small, medium and large businesses. Whether you are a small home builder or one of the state’s largest developers there is something in this construction package for you.”
Queensland Minister for Housing and Public Works Mick de Brenni said the strategy would leverage investment from the private sector create ‘genuine affordable housing’ in the state on underused government land.
“This strategy is a big win for local builders and tradies in the residential sector across the state,” Mr de Brenni said.
“This strategy is about partnering with the private sector and community housing providers to create genuine affordable housing, something that hasn’t been done at scale in this country in decades.”
Housing affordability has been a key component of state and federal budgets of late.
NSW Premier Gladys Berejiklian announced a suite of housing measures earlier this month but the reforms were focused more on helping out first home buyers with stamp duty concessions and grants, increasing duties and taxes for foreign property investors and speeding up development applications.
Housing was also top-of-mind for Federal Treasurer Scott Morrison in his May Budget when he announced a bond aggregator scheme, which hopes to attract large-scale private investment into affordable housing by helping not-for-profit community housing providers borrow more cheaply.
Mr Morrison also introduced a super deposit scheme to enable first home buyers amass a deposit more quickly and but he pointedly refused to touch either negative gearing or capital gains tax discounts.
Other Queensland Budget measures include:
• Another $2 billion towards Brisbane’s $5.4 billion Cross River Rail project, a 10.2km inner-city rail link between Dutton Park and Bowen Hill, taking the state’s contribution to half
• $75 million for the Townsville Port expansion
• Upgrading the Sciencentre at the Queensland Museum on the South Bank ($9.4 million)
• $16 billion for health, including expanding mental health services and replacing the Barrett Centre, Queensland’s only residential centre for youth with severe mental health problems
• $13 billion for education to build new high schools in Fortitude Valley and South Brisbane and buy land for four more regional high schools
• New domestic and family violence courts at Townsville and Beenleigh and making Southport court permanent ($69.5 million)
• Reinstating the Drug Court in Brisbane to help rehabilitate offenders and overcome substance dependence ($22.7 million over four years)
• A $200 million child safety package including 292 child safety staff, money to recruit an extra 1000 foster carers and $7.4 million to support families where a person has become addicted to ice
• $155 million for counter-terror policing with 30 more police officers in Brisbane and 20 in the regions and $46.7 million for a counter-terrorism facility at Wacol
• $1.1 billion for electricity projects and subsidies
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