News

QLD on track to regain top credit rating

RATINGS agency S&P Global has reaffirmed Queensland's AA+ credit rating with a report pointing to strong financial management and budgetary performance across the state. 

The State Labor Government has been quick to seize on the report with Treasurer Curtis Pitt saying it was evidence his party was doing a better job than the LNP. 

"It shows yet again that under the Palaszczuk Government our state economy has turned the corner after the LNP's disastrous performance," Mr Pitt said. 

"However, we still recognise not all sectors or regions are making the transition to a post-mining boom economy as well as others and we will continue with our financially responsible efforts to stimulate growth and jobs across our state. 

"The report shows this government is rebuilding our economy and confidence in its future after the damage done by Tim Nicholls as Treasurer in the Newman Government. 

"But no doubt the LNP will find something negative to say about it as part of their scare campaign to sell their secret asset sales plan." 

Queensland lost its AAA - top grade - credit rating under the Bligh Labor Government in 2009 and LNP Shadow Treasurer Scott Emerson told the ABC the positive rating was simply smoke and mirrors. 

"Labor has raided some hollow logs, but it is only short-term action," Mr Emerson said.

"Queenslanders expect this Government to be making things better rather than celebrating the fact that it hasn't got worse."

Topics:  credit rating editors picks queensland


Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Summer's Day still resonates

SUMMER'S DAY: Andrea Shoesmith, second right back, with the Trewantin State School students remembering Summer Steer.

Message about battery safety

Friends of Lake Weyba help clean up

CLEAN TEAM: Raffi and Trinity Sonner, aged eight and 11, are part of the Friends of Lake Weyba Clean Up Australia crew.

Clean Up Australia Day is almost here

Local Partners

Davo's expanding Noosa store

MORE than 30 years after Davo's Bait and Tackle opened in a small timber cottage on Gympie Tce, the transformation into a large, thriving business is complete.

Maleny Players have one-act plays for all tastes

Three one-act plays are coming to the hinterland

Help muscular dystrophy with much more than morning tea

TEA TIME: Raise a cup to help muscular dystrophy.

Raise a cup to help cure muscular dystrophy

Cough up for FurBall tickets and help the animals

FURBALL FRIEND: Julie Penlington, from 4Paws, with Charlie.

This is the kind of FurBall you want

What's on the big screen this week

HUGH Jackman returns one last time as Wolverine in Logan and the iconic Australian novel Jasper Jones comes to life on the big screen.

Walking Dead villain takes on new role in The Missing

David Morrissey, Keeley Hawes, Abigail Hardingham and Tcheky Karyo in a scene from The Missing.

Walking Dead villain returns to screens in mystery show, The Missing

Holly Valance caught up in $213m lawsuit

Holly Valance

Lawsuit alleges blackmail, extortion and intimidation by Candy pair

Lifesaver for a day: One-of-a-kind Coast tour

The Mooloolaba Surf Club is launching a new tour of the club and beach that educates visitors about life a as surf lifesaver. Getaway is filming a segment about the tour with presenter Charli Robinson.

Behind-the-scenes tour of surf club attracts television appearance

Bundaberg: No one does life like us

It's the spirit of Bundaberg and it's about to go global in a $20m campaign. With celebrities coming to the rum city to shoot new commercial.

The Rum City hits screens around Australia tonight

BOOKS: Superstition a central theme in new outback thriller

Author Cassandra Austin.

Cassandra Austin is celebrating the release of her second novel

MKR recap: The secret ingredients to longevity and success

It’s chilli con carnage on MKR.

‘Turn up the heat’ means chillies. Lots of chillies.

Iconic North Coast post office up for sale

HISTORY: Nicole Swain is selling the historic Bangalow Post Office building this month.

Post office comes complete with the historic Lest We Forget clock

Opponents question Sekisui's 68% support claim

VIEW: An artist's impression of Sekisui House's proposal looking towards Mount Coolum.

Developer says it has 68% support, claims which raised some eyebrows

Old fireman's hall to make way for Maccas carpark

Workers remove the roof from the old firemans hall in Limestone Street in preparation for its demolition to extend the McDonald's carpark.

Demolition workers move in on Limestone St property

Next phase of Coast's new $174m beach city revealed

ON THE TABLE: A 30-unit development has been proposed for Birtinya Island, close to the new Sunshine Coast University Hospital.

Island living opportunities on the table with latest proposal

Major Burrum Heads development to go to vote

Site development plans for the proposed lot conversion at Burrum Heads, near Beach Dr.

Councillors will vote on the lot conversions.

Ready to SELL your property?

Post Your Ad Here!