Queensland Budget FY24


Understand what this budget means for business.
While the budget provided some business support, there is still work to do to meet long-term business needs. 
The Business Chamber Queensland summary report provides details on where the FY2023-24 State Budget delivered on business priorities and where opportunities for support still exist. 

Download the State Budget FY24 Summary Report

State Budget FY23-24 key priorities

As highlighted in the Business Chamber Queensland Submission available here:

  • Business friendly governments | Reducing operating costs and complexity 
  • Smart infrastructure | Building productivity and resilience through connectivity  
  • Skilled workforce | Supporting upskilling, emerging industries and markets
  • Advancing sustainability | Developing and enhancing business practices for future sustainability
  • Queensland beyond 2023 | Creating growth opportunities for businesses domestically and internationally and legacy outcomes 

Busines story: 'Not a one-off sugar hit'

Eckersley Print Group Managing Director Tom Eckersley said he was looking to the State Budget for support for high operating costs and labour challenges.  

The family owned business, which has operated in Brisbane for more than 50 years, is part of the state’s business community which needs a commitment in this month’s State Budget to support them day-to-day and provide necessary confidence to plan and invest in the future of their business. 

“High inflation at a business level translates to uncertainty and to high operating costs, including labour, which has affected profits and reduced confidence. Operating costs like freight, raw materials and electricity are all going up which has a flow on effect to reduced profits,” Mr Eckersley said.  

“We need to work out how to do more with less and that translates into an operating environment where we have staff retention and attraction as key issues.  

“Small and medium businesses are the engine room of the economy but to do that we need to increase productivity and upskill and retain staff all at the same time. In an environment where there is subdued confidence, business need help to do this.”  


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Read more data used to form this submission

The submission we wrote was informed by a number of data we collected and feedback we received from Queensland businesses. Find the key reports published throughout the last year on Queensland business condition.


Pulse Report

The Pulse Survey has been measuring Queensland business confidence and expectations for more than 20 years.

The survey is the most authoritative, timely and comprehensive snapshot of Queensland business sentiment, providing critical insights into the opinions of business owners across the state.

Pulse includes detailed measurements on employment levels, turnover and business profitability – knowledge that adds a great degree of confidence to the strategic planning and future investment decisions of your business. 

Download report



Future of Work Report 

The Future of Work Report is a valuable asset in supporting Queensland businesses to strategically plan for future opportunities and trends in workforces, workplaces and work lives.

Download report



2022 South-East Queensland Flood - Assessment of Impact on QLD Business

Business Chamber Queensland's 2022 South East Queensland Floods Report assesses the disaster's impact on businesses across the state, including the direct and indirect impacts on operations, staff, accessibility, economic activity and supply chain disruptions.

Download assessment



Advancing Business Sustainability Report

Business Chamber Queensland’s Advancing Business Sustainability report presents a unique perspective on business sustainability with insight into how the state’s business community approaches sustainability and how developed Queensland businesses are in adopting these practices.

Download report

Acknowledgement of Country

Business Chamber Queensland respectfully acknowledges the Traditional Owners and custodians of the lands from across Queensland and the Torres Strait. We acknowledge the Jagera and Turrbal people as the Traditional Custodians of Meanjin (Brisbane), the lands where our office is located and the place we meet, work and learn. We pay our respects to Elders past and present.