Queensland's forecast budget surplus more than doubles to $4.3b off the back of a booming housing market

 Queensland has more than doubled its expected budget surplus after the booming housing market pumped billions of extra dollars into the state's coffers.

Treasurer Cameron Dick revealed the state's official operating surplus for the 2021-22 financial year was $4.3 billion.

It is the biggest budget surplus in Queensland history and more than twice the $1.9 billion surplus that was predicted in the June budget.

Mr Dick told parliament the surplus was a result of lower spending and increased tax revenue, made up primarily from stamp duty from real estate sales.

Read More: https://www.abc.net.au/news/2022-10-25/qld-cameron-dick-budget-surplus-doubles-covid19-housing-market/101574528



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