Cost of Living Relief in the Queensland State Budget

Cost of Living Relief for Stretton Electorate Locals

My recent cost of living survey showed many in our community were struggling with the rising cost of living – as are many other across Queensland. This month’s Queensland state budget is centred around helping people get through this challenging time by delivering cost of living relief to all Queenslanders – with extra assistance for those that need it most.

Here are some of the highlights.

Electricity rebates

Every Queensland household will receive a $550 Cost of Living rebate on their electricity bill.

For most households, the rebate will be credited to electricity bills on a quarterly basis commencing from 1 July 2023.

Free Kindy for all Queensland families

From 1 January 2024, all kindy-age children will get 15 hours per week free kindergarten, regardless if they attend a stand-alone community kindy or do kindy at a long day care. 

Kindy is the government approved 15 hour a week education program a child can do the year before they start school. This is expected to save families around $4,600 a year.

Support for Pensioners and Seniors

Announced in this budget, pensioners and eligible concession holders will receive up to $1,072 in electricity rebates.

For most households, the rebate will be credited to electricity bills on a quarterly basis commencing from 1 July 2023.

For seniors and pensioners we’ve also previously announced further cost of living relief including:

  • Up to $120 a year off water costs
  • Up to $200 a year off local government rates
  • A free pair of basic prescription glasses every two years
  • Discounted public transport travel
  • Cheaper car registration
  • Home Assist Secure – $500/year for maintenance work around the house.

Other cost of living support that has also been announced includes:

Limiting rent increases to once a year 

The Palaszczuk Government has announced it will support renters by limiting rent increases to once a year, rather than every six months.

The annual limit on rent increases will apply to all new and existing tenancies from 1 July 2023 onwards. This brings us in line with other states and territories.

Cheaper medicines

The federal Albanese Government has reduced the maximum co-payment for prescription medicines to $30. For concession card holders the maximum payment is $7.30.

The government is also introducing 60 day scripts for more than 300 medications that treat chronic conditions. The changes will mean patients receive two months worth of medication for a single co-payment, effectively halving the cost of these medications.

Need more information?

Budget 23/24 website: www.budget.qld.gov.au   

Check your eligibility for a range of rebates and discounted programs at: www.queenslandsavers.qld.gov.au 

Check out my News page to stay up to date with that’s happening in our community.

Read My Plan for the Stretton electorate.