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'No handouts' for Queensland

Queensland Treasurer Andrew Fraser will hand down a "workmanlike" budget today that's all about keeping Queenslanders in jobs amid a fragile economic recovery.

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Source: AAP


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Queensland Treasurer Andrew Fraser will hand down a "workmanlike" budget today that's all about keeping Queenslanders in jobs amid a fragile economic recovery.

A year on from the maelstrom of the global economic crisis, Mr Fraser's third budget is expected to keep capital works spending on track as private sector investment eases.

The Courier Mail says the infrastructure spending in 2010/11 is expected to exceed the $14 billion initially forecast.

The government revealed on Tuesday morning $42.5 million will go towards building Cairns' cultural precinct to boost tourism and jobs in the area and $10 million will be allocated to an overpass to open up access to the Gracemere-Stanwell industrial precinct in Rockhampton.

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$5m to be spent on Mackay Showgrounds

In Mackay, $5 million will be spent on the Mackay Showgrounds and $4.7 million will go towards upgrading Toowoomba's airport.

"Today's budget will have a strong focus on building our regions and this project is critical to underpin growth in the Capricorn region," Premier Anna Bligh said in a statement.

Treasurer Andrew Fraser has already warned Queenslanders not to expect any big handouts on Tuesday, saying he's taking a disciplined approach to improving the state's economic health.

But he has ruled out any new or increased household taxes.

Mr Fraser said the state's debt levels are starting to decrease, but a return to budget surplus is still five years away.

Labor is hoping the budget will put it back in voters' good books.

A new Galaxy poll showed a change of government likely, with the LNP ahead of Labor 55 to 45 per cent on a two-party-preferred basis.

Premier Anna Bligh's popularity took a major hit, with voter dissatisfaction on her performance reaching 69 per cent.

NSW will try to win back voters

The NSW government will try to win back disillusioned voters today by unveiling a budget that includes more money for health roads police and payroll tax cuts.

Treasurer Eric Roozendaal is expected to announce an earlier than expected return to surplus when he delivers state Labor's last budget before the next election at midday.

There will be record health spending 800 million dollars for the Pacific Highway and 680 million for the Great Western Highway 300 million dollars in payroll tax cuts 152 million to upgrade the Opera House and nearly 16 million for police equipment.

Roozendaal has also confirmed businesses will get cuts to payroll tax rates worth more than 300 million dollars when he hands down the 2010/11 budget today.

The Opposition is already warning that the scandals engulfing the government the latest being Ian Macdonald's resignation over travel expense claims show it can't be trusted.


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