Media release
Minister for Main Roads, Road Safety and Ports
Minister for Energy, Biofuels and Water Supply
Hon Mark Bailey MP
Tuesday 13 June 2017
Budget delivers on energy and water for Queensland
The Palaszczuk Government’s 2017 Budget delivers cost of living support for every Queenslander,
and invests in delivering the $1.16 billion Powering Queensland Plan and priority energy and water
infrastructure across the State.
Minister for Energy, Biofuels and Water Supply Mark Bailey said this year’s State Budget delivers
over a billion in subsidies and support across the energy and water supply portfolio, further securing
reliable and cost-effective delivery of these vital services for Queenslanders.
Minister Bailey said that in addition, more than $2 billion in capital expenditure was planned to be
delivered across government owned water and energy bodies in 2017-18.
“The Palaszczuk Government is committed to reducing cost-of-living pressures for Queenslanders,
and ensuring affordable prices for households, business and industry,” Minister Bailey said.
“The Powering Queensland Plan is the Palaszczuk Government’s road map to drive down energy
costs, lead the transition to a low-carbon economy and deliver jobs and investment.
“This includes a $770 million energy affordability package for all Queenslanders, and a $386 million
investment for North Queensland to strengthen and diversify energy supply in the North.
“A clean energy boom is happening in Queensland, and our $150 million investment for a strategic
transmission line will support the establishment of a North Queensland Clean Energy Hub, in turn
supporting around 4,600 jobs.
“In addition $236 million is committed to upgrade Burdekin Falls Dam and fund the proposed hydroelectric power station, an investment in water supply and sustainable energy generation in the
North.
“We will also contribute $2.5 million to the investigation and possible establishment of a ‘CleanCo’
that will own the State’s renewable and clean energy assets.
“Under the Powering Queensland Plan we will be examining whether State owned hydro-electric
and gas generation assets, as well as the new renewable energy projects announced in this
Budget, become the foundation assets of ‘CleanCo’ and increasing competition in the wholesale
market.”
Minister Bailey said the Palaszczuk Government continued its commitment to subsidise regional
Queenslanders’ electricity bills to make sure they pay a similar amount for their electricity to those in
South East Queensland, with an investment of $490.7 million.
“The Palaszczuk Government is also providing additional funding of $10 million over two years for a
regional business assistance package, to deliver better access to digital metering, more information
about tariff options, and co-contributions to help customers invest in operational and equipment
changes to better manage bill impacts,” Mr Bailey said.
“The Palaszczuk Government is committed to putting downward pressure on cost of living
expenses, creating jobs and growing the economy. We are delivering on all fronts through the
Powering Queensland Plan, and the 2017-18 Budget.
“On average household bills will have increased by just 1.9 per cent per year on average under our
first term. This is in stark contrast to the 43 per cent increase inflicted by the Newman-Nicholls
government while in office.
“We will continue to use public ownership to back in Queensland consumers by putting downward
pressure on prices and ensuring a secure supply of energy.”
ENDS
Media contact:
Zoe Russell – 0428 079 640