COMMONWEALTH FUNDING AND REVENUE FOR QUEENSLAND HAVE INCREASED SUBSTANTIALLY

CANBERRA, ACT, Sept. 11 -- The Treasurer of Australia issued the following media release:

Queensland does very well out of the Albanese Labor Government, and as a proud Queenslander and as Treasurer I will always ensure that remains the case.

From Caloundra to the Cape, Queenslanders are benefiting from the Commonwealth's record investment in our great state and from billions more in GST and stamp duty revenue.

In fact, stamp duty has soared by 58percent in Queensland over the last twoyears.

It's one of the fastest growing revenue sources for the state budget, raking in almost $9billion last year.

More than half of the increase in tax revenue over the past twoyears in Queensland has come from stamp duty.

Coal royalties are pouring in ...