The Queensland Government is allocating $1.6 billion to a Finance, Trade, Employment and Training package as part of its latest state budget. The initiative aims to address skills shortages and boost the economy through strategic investments. A key focus is on expanding international trade opportunities for Queensland businesses, with $5 million earmarked in 2025-26 to help them access new markets and strengthen existing relationships.
To support new investment in Queensland, the budget includes significant investment in the next generation of skilled workers. Over the next four years, $201.1 million will be invested in new TAFE Centres of Excellence. These centres will provide advanced training and resources to equip workers with the skills needed for emerging industries and technologies.
Additionally, $40 million will be invested in 2025-26 to train trades workers in critical areas such as electrical work, carpentry, cooking, welding, and mechanics. These skilled tradespeople are essential for building infrastructure, supporting communities, and delivering the 2032 Brisbane Olympic Games. Minister for Finance, Trade, Employment and Training Ros Bates stated the budget would deliver more trade and investment opportunities, as well as better training outcomes and more jobs for Queenslanders, which is critical to ensuring high-quality training and employment opportunities.
