- Miles Labor Government Big Build to deliver $107 billion of infrastructure projects over the next four years.
- More than $27 billion in capital will be invested next financial year alone (2024-25), which will support around 72,000 jobs.
- Big Build capital investments include better health and transport facilities and services, more housing and upgraded schools.
- Queensland's biggest decade of infrastructure investment continues to transform the state creating more jobs, new industries, better communities and stronger regions.
Deputy Premier Cameron Dick has today revealed the Miles Labor Government's mammoth $107 billion Big Build capital program, which will deliver new and upgraded hospitals, healthcare facilities, transport infrastructure, houses, and schools right around the state.
This investment reflects the ramping up of construction on the Miles Labor Government's Queensland Energy and Jobs Plan, rail and road upgrades and hospital infrastructure program.
Of the record $107 billion Big Build, more than $27 billion in capital works will be delivered next financial year alone (2024-25).
This $27 billion investment will directly support around 72,000 jobs.
$18.57 billion of the 2024-25 capital program will be invested outside the Greater Brisbane region, supporting around 50,000 jobs.
This is the proportion of capital expenditure in regional Queensland ever, and biggest jobs creation program set to be delivered in regional Queensland ever.
The forward estimates reflects increases in construction activity, including:
- $7 billion increase in the Queensland Jobs and Energy Plan
- $2.1 billion for Direct Sunshine Coast Rail
- $1.365 billion for Homes for Queenslanders
- $1.7 billion from the Olympics and Paralympics
The Big Build also continues investment on major transformation infrastructure, including Cross River Rail, the Coomera Connector, the Health and Hospital Expansion Program, and Stage 3 of the Gold Coast Light Rail.
As stated by Premier Steven Miles:
"Queensland is growing, which means we need more hospitals, roads, rail, housing, schools, healthcare and energy infrastructure.
"That is exactly what our record $107 billion Big Build delivers.
"This investment will bring a generational change, creating more jobs, better communities, and stronger regions. It's about building the places and spaces that Queenslanders will enjoy for generations to come.
"Almost 70 per cent of this work is happening in regional areas representing the biggest investment in regional job creation in the states history, – supporting around 50,000 jobs outside of Greater Brisbane.
"As the economy slows, this level of investment and job creation is critical to Queensland's future success and economic prosperity.
"My first budget as Premier is delivering what matters for Queensland."
As stated by Deputy Premier and Treasurer Cameron Dick:
"Queensland's Big Build is all go.
"More people are moving to Queensland than ever before, and the Miles Labor Government is delivering the infrastructure this growing state needs.
"Our government made the tough decisions and right choices to make our budget the envy of the nation.
"This strong budget position has allowed us to deliver the Big Build and invest in the future prosperity of our amazing state."
"We're getting to work right across the state, as we roll out a 10-year plan to build more hospitals and upgraded schools, more social housing, better transport and more renewable energy.
"This includes almost 70 per cent of this financial year's Big Build being spent in regional and remote Queensland, supporting about 50,000 jobs.
"The Big Build is also powering the industries and jobs of the future and building the places and spaces that Queenslanders will enjoy for generations to come."
As stated by Minister for State Development and Infrastructure Grace Grace:
"Over the next 10 years our state will become home to over a million new Queenslanders.
"With Queensland growing, now is the time to future-proof the lifestyle we all love.
"Whether it's hospitals, schools, roads, rail, parks and precincts, sports facilities, or energy transition: building Queensland means a better Queensland – now and for future generations.
"The Big Build funding includes more than $300 million for new and upgraded sports facilities on the Sunshine Coast ahead of the 2032 Olympics and Paralympics, including upgrades to Sunshine Coast Stadium and a brand-new Sunshine Coast indoor sports centre.
"There's a lot happening and there may be some disruption, but it will be worth it to build a bigger, better future."
As stated by Minister for Transport and Main Roads Bart Mellish:
"The Big Build is a massive commitment to Queenslanders to build the infrastructure we need for our growing state.
"Investing in our roads, including the Bruce Highway, in our rail revolution for South East Queensland and improved public transport across the state means that Queenslanders will be able to get where they need to go, safely and reliably.
"In December, I committed to further enhancing transparency with the Queensland public, highlighting where the costs of certain projects had exceeded our forecasts and budgets as a result of challenging market conditions across the nation and internationally.
"It is critical that we keep managing these costs, and managing these projects, so that we can continue to deliver the infrastructure that we need across Queensland.
"The Miles Government will continue to build the infrastructure that Queensland needs."
