Our strong health response means we can also have a strong economy going forward.
We’re investing in the future of industries like renewables and backing publicly owned infrastructure as we continue to create Queensland jobs.
Our ongoing plan for economic recovery includes an additional $1B for commercial businesses and projects, building on the $7B already announced:
👍 $500M for the Backing Queensland Business Investment Fund to support businesses and create jobs
💡 $500M for the Renewable Energy Fund to increase public ownership of commercial renewable projects and support infrastructure
We’re also providing $249M of COVID tax relief to Queensland small businesses:
💰 Two-month waiver for businesses with payroll up to $6.5M
⬆️ Extension of JobKeeper payroll tax exemptions
🏠 Extension of current rent relief to the end of 2020
✅ Extension of 25% land tax rebate for 2020/21
