Qld debt tipped to hit $83bn in 2021/22

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Queensland’s debt will balloon to $83 billion in the next four years, a figure Jackie Trad has defended as an inevitable result of the government’s plans to futureproof the state against a growing population.

On the Sunshine Coast on Saturday to announce rail funding in the lead up to Tuesday’s budget, Ms Trad played down the figure as a side effect of Labor’s infrastructure spending.

“We know that our state needs these investments today and if we don’t do those investments we can’t grow our economy and we can’t create the jobs we need,” Ms Trad told reporters on the Sunshine Coast.

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