Online budget tool gives you a say
THE decision to sell $32 billion worth of government-owned assets, increase taxes or cut services to balance Queensland budget is now in your hands.
A new interactive tool allows all Queenslanders to walk in the Treasurer’s shoes and find a way to reduce the state’s debt by $25-30 billion.
The people’s budget tool reveals the government could make more than $32 billion if it sold key Queensland assets.
They could pocket a potential $28 billion from allowing private investment in Powerlink, Ergon and Energex, $3 billion for government-owned generators CS Energy and Stanwell and $1.7 billion for the two ports and the Mount Isa to Townsville rail line.
But before getting to the big ticket items – there is a sliding scale allowing users to increase or decrease taxes or services.
There are more than 60 choices in all major spending areas in the full version but APN will run a reduced version on its websites.
Each move deducts the saving or extra revenue from the $80 billion debt scale – based on Commission of Audit figures – above.
Then you can choose how to spend those savings.
Queensland Treasurer Tim Nicholls insists the tool is not just for show and he will consider all feedback to make decisions about the impending State Budget and how to pay down debt.
Ultimately the decision will still come down to his government but he is resolute he will listen.
“By the time this closes on May 19, it will give us a snapshot of Queenslanders’ views about how to fix a very big problem.
Have your say at www.southburnetttimes.com.au.