Billions of dollars to bolster SEQ, but migration and Olympics loom large

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Billions of dollars to bolster SEQ, but migration and Olympics loom large
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The Albanese government underestimated how many Australians would move to Qld and will now face criticism that it has short-changed the state.

Queensland’s population is growing faster than was forecast in the last federal budget, with more than 110,000 people expected to relocate from other states over a five-year period, when a similar number will leave NSW.

The Miles government has been demanding more Commonwealth funding, particularly given Queensland’s continued strong population growth, and will now go to the October state election having to explain the lack of support from Labor colleagues in Canberra. Federal Treasurer Jim Chalmers, an MP from Logan, used his third budget speech to promise cost-of-living relief for Australians, and ongoing efforts to rein in inflation, but focused more on long-term reform than Queensland’s immediate pressures.

There was little in the way of new detail on housing – nationally, the government expects to add “a city around the size of Brisbane to Australia’s housing supply” – and the SEQ City Deal was largely unchanged.

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