Queenslanders receive cost savings in state budget
With the rising cost of living pressures, Queenslanders will receive fiscal relief after the government announced a set of money saving measures in this year's state budget.
State and water supply minister Mark McArdle said residential property dwellers across the state would benefit from a $63 million initiative to freeze electricity price hikes and $92 million scheme to deliver more water rebates to Queenslanders.
"This new departmental focus will eliminate duplication and ensure power and water services are provided at an affordable rate," Mr McArdle explained.
"We are also providing $620 million in Community Service Obligation payments to Ergon Energy, including $21 million towards the tariff freeze, to ensure Queenslanders outside of the south-east corner do not pay more for their electricity."
The measures represent significant cost relief for Queenslanders, including savings of $200 through water rebates for residents in the south-east of the state.
Mr McArdle said the government was committed to delivering living cost savings for households, making it a priority in the year's budget to implement specific strategies to address energy and water price pressures.
The budget will include the development of a 30-year plan for the utility sector.