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The Lord Mayor of Brisbane, the Right Honorable Graham Quirk yesterday handed down the Brisbane City Council’s 2016/17 Budget.  The Lord Mayor announced that this Budget was structured to align with the Council’s five-point plan which was presented during the March Election Campaign:

  1. Real action on traffic congestion with real projects targeted at attacking congestion;
  2. Delivering Australia’s most modern public transport fleet and planning for the future with the Brisbane Metro Subway System;
  3. A cleaner, greener and more sustainable city;
  4. Building our local economy and creating the jobs of the future;
  5. Creating new leisure opportunities and improving our lifestyle.

The Lord Mayor also announced in his Budget Speech that Brisbane ratepayers will be faced with an average 4.7 per cent rate increase in 2016-17, almost double the expected increase of 2.5 per cent announced in Cr Quirk’s pre-election Budget last June.

The key areas of the Council’s $3 billion Budget are outlined below.  

by Brett McCreadie, Senior Consultant 

The Queensland Budget 2016/17 was introduced into parliament yesterday by the Treasurer Curtis Pitt.

The Budget seeks to set out an economic plan for Queensland focused on the areas of job creation, innovation, and infrastructure.

Its content includes record spending on health and education as well as significant amounts on infrastructure, the regions, tourism and public transport.

The Budget’s key funding initiative involves government accessing the public service superannuation fund, currently containing $10 billion in surplus, and taking out $4 billion, of which half will be spent on debt reduction and the other half on infrastructure.

The most recent Newspoll conducted for The Australian this week revealed that support for minor parties and independents had jumped three points over the past fortnight to 15 per cent, bringing it to its highest level for this group during a formal election campaign.

The results also showed a rise for the Coalition in the two-party preferred standings, bringing them even with the ALP on 50 percent while both major party leaders saw another drop in their personal satisfaction ratings. 

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