Millions of Queenslanders will get 20 per cent off their rego for 12 months, saving up to $127 per motorist, in the government’s latest cost of living sweetener ahead of the state budget.
The discount applies to all light vehicle registrations, including trailers and motorbikes, from September 16.
Premier Steven Miles has promised a cost of living budget but it’ll come with a $3 billion deficit — a deliberate move the government says will help people who are struggling.
Just last month Mr Miles announced a six-month trial of 50 cent public transport fares, to start just shy of two months out from the October election, and a $1,000 power bill rebate for all households.
“Everywhere I go in this state, people tell me the cost of everything seems to keep going up,” the premier told media on Saturday.
“This initiative will save the 5.7 million light car owners here in Queensland hundreds of dollars over the 12 months – dollars that could be spent on groceries, rent, the mortgage, or put into savings.”
Mr Miles said the discount would shave about $85 off a private car’s registration.
The initiative is costed at $435 million.
The budget will also predict back-to-back deficits over the next two years with a $3 billion deficit for 2024-25, followed by a less than $1 billion the next year.
Treasurer and Deputy Premier Cameron Dick put the deficit down to spending on health, housing and cost-of-living relief in Tuesday’s budget.
“If our budget has to go into deficit to keep your household budget in surplus, then that is what we will do,” he told parliament last month.
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The state heads to the polls on October 26.
Earlier this week, Opposition Leader David Crisafulli said “anything” in the government’s yet-to-be-announced budget would be “honoured”.
He later clarified his party would support projects that were “fully funded and underway”, adding that “good governments and oppositions honour those commitments”.
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