Budget papers show the government has allocated an extra $4.39 billion over four years, 9News revealed last night.
The injection will take Queensland Health’s overall operating budget to $26.71 billion, which is equivalent to a 10.6 per cent increase in its funding
“That’s the biggest support package, the biggest cost of living package, not just in Queensland, but of any Australian government ever. It’s about $11 billion… this is what Queenslanders said to me,” he said.
“They wanted a budget that would deliver for them. And that’s what this budget is all about.”
The cost-of-living relief for residents also includes $1000 energy rebates, 50c transport fares, a 20 per cent discount on car registration, and $200 sports vouchers.
The increased spending brings increased debt, with the forecast amount rising from $122 billion to $124.7 billion.
Miles said the state finances would enter the red next year, but would return to surplus in three to four years.
“This leaves us with far lower debt than comparable states, far, far lower than New South Wales and Victoria,” Miles said.
“So this is a responsible way of supporting Queensland households who are struggling right now with that high inflation and high interest rates.”