Government has one thing left to reduce debt: Budget

QUEENSLANDERS have been guaranteed there will be no cuts to services or any new taxes, fees or charges in this year's budget.

The government is now left with one remaining choice it spruiked in its Strong Choices campaign to reduce the state's debt.

Queensland Treasurer Tim Nicholls would not reveal whether the government would sell or lease some of the state's assets, making it highly unlikely they would form a cornerstone of today's budget.

Mr Nicholls, speaking on the eve of delivering his third budget, said the government remained committed to seeking a mandate at the next election should it decide to sell or lease assets and remained on track to delivering a budget surplus next financial year.

"It will continue our strong and methodical approach to fixing the state finances," he said.

"It will detail how we can continue to deliver services.

"As a result of the hard work we have done over the past two years we are able to continue to deliver services without having to increase fees, taxes or charges, in contrast to some recent budgets at the federal and state level."

Opposition Treasurer Curtis Pitt said he believed the government was planning on delivering a "horror budget".

"He (Tim Nicholls) is going to make it more attractive to sell assets to paint a horror story for Queenslanders," he said.

"To suggest there may be the first surplus budget in a decade under the LNP is nonsense."

Mr Nicholls, who remained coy about specific details, claimed the budget would continue to deliver for Queensland.

"This is a budget that sets out a strong plan for a brighter future," he said.

"We will be making announcements in relation to a range of things.

"It will be a budget that delivers a secure outcome and funding for the infrastructure and services that we know Queenslanders will need over the next 20 years."

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