Queenslanders Stare Down the Barrel of $200 Billion Debt by 2027

MYFER reveals cost blowouts, including $4.2 billion in health projects, $3.1 billion in transport, and $4.2 billion for energy, water, and port infrastructure.

Deputy Premier Jarrod Bleijie (L) and Premier David Crisafulli arrive to talk to media after being sworn in at Government House in Brisbane, Australia, on Oct. 28, 2024. AAP Image/Jono Searle

The newly elected Liberal National Party (LNP) in Queensland has blamed the state’s projected $218 billion debt on big spending projects that will takes years to complete.

The debt amounts to nearly $40,000 per person, the worst per capita (individual) debt burden of any state in Australia.