Queensland Treasurer Curtis Pitt has outlined four new taxes targeting the top end of town to pay for Labor's $2.78 billion worth of election promises.
Mr Pitt also outlined a billion dollars worth of saving measures, as well as his Debt Action Plan, which did not include any new measures and was a summary of the actions the government is already taking to manage the economy.
The taxes are a 15 per cent wagering tax targeting agencies based outside the state, a luxury motor vehicle duty, a new land tax category for around 850 large property holdings in the state, and an increase on the surcharge applied for foreign purchasers of state land from 3 to 7 per cent.
The new taxes are predicted to raise $163.6 million a year for the next three years, which Mr Pitt insisted would come from those who could afford to pay.
"(These measures) will ensure that those who can afford to contribute, those who are benefiting from our growing economy, make a fair contribution," he told reporters in Brisbane on Thursday.
"If you can afford a Maserati, you can contribute a bit extra to the growth of Queensland."
The treasurer denied it was "sneaky" to release four new taxes just two days out from the election, saying he wanted the state's economy to "maintain momentum".
Mr Pitt also said the government would try to find a billion dollars worth of savings over four years, but insisted they would not cut any services, or implement voluntary or compulsory redundancies.
The health department would be quarantined from any savings measures.
The treasurer was committed to producing a Debt Action Plan by the premier earlier this week, but the document he provided only outlined what the government was already doing to manage debt.
The figures predict Queensland's debt to hit $80.872 billion by 2021, just short of the $81 billion figure originally predicted.
Debt is also predicted to rise each year over the four years outlined in the costings documents.
But Mr Pitt insisted his way was better than what the Liberal National Party opposition had planned.
"The choice on Saturday is very clearly a choice between a government with track record of delivering or a chaotic coalition of cuts and chaos with the LNP and One Nation," he said.
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