Hey Hockey, splash some cash Queensland's way

Treasurer Joe Hockey
Treasurer Joe Hockey AAP Image/Daniel Munoz

BUSINESS groups say the federal government cannot afford another year of "reform gridlock", while local governments want $40 million in local disaster relief funding immediately and for no changes to disaster relief funding ratios in federal treasurer Joe Hockey's second budget next Tuesday.


Queensland Resources Council chief executive Michael Roche said miners will watch Joe Hockey's budget next week with interest because much of it will shape the budget of Queensland's new Labor Government.

Queensland's major infrastructure group asked for an immediate tax deduction of $6000 for capital equipment expenditure, and for larger businesses access to accelerated depreciation for investments undertaken in the next few years.

Several groups asked for funding to complete Toowoomba's Second Range Crossing project and a commitment to Brisbane's underground rail project. Both Labor's Cross River Rail and the LNP's Bus and Train tunnel have previously been rejected.

The Queensland Government is demanding the state not lose $556 million in GST revenue in the next financial year, Treasurer Curtis Pitt said.

Read more at Brisbane Times



Topics:  federal budget queensland

Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

UPDATE: Jockey remains in ICU at Coffs Harbour

INJURED: Jockey Kirk Matheson was injured in a fall during racing at Clarence Valley Jockey Club.

Injured jockey Kirk Matheson rushed into surgery.

PHOTOS: Meet our kindy students

Newrybar Public School

My First Year commemorates the start of school for kinders

Johnny Cash tribute will take you back to Folsom Prison

COUNTRY: Singer Daniel Thompson as Johnny Cash.

Johnny Cash The Concert Revisits Johnny Cash at Folsom Prison

Local Partners