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.
Naziya Alvi Rahman
Author
Naziya Alvi Rahman is a Canberra-based journalist who covers political issues in Australia. She can be reached at [email protected].