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Another no-frills Qld budget: treasurer

Queensland Treasurer Tim Nicholls says there will be no over-spending in the last budget before the election.

Queenslanders shouldn't expect high-cost election promises in the last budget before the state election.

Treasurer Tim Nicholls says it would be foolish to throw away $7.5 billion in savings made since the 2012 poll.

"We will be not be rolling out a high-spending election budget that others that may have expected or done in the past," Mr Nicholls said.

"That will go against everything this government has achieved and would risk the future credit rating and the future prosperity of this state."

Scoping studies into the sale of power generators CS Energy and Stanwell and the lease of Townsville and Gladstone ports are due late February or early March.

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The government would then ask for public feedback before the June budget.

A plebiscite isn't likely and Mr Nicholls says an "engagement strategy" is still being worked out.

The state government says assets would need to be sold to help pay down $80 billion worth of debt, or services would be cut or charges increased.

"There is no secret agenda or hidden motive, we are telling Queenslanders what we are doing and the choices available," he said.

"It is a year for Queenslanders to actually take some ownership of those choices and be part of the decision-making."


2 min read

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Source: AAP


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