I hope you will find this website useful in keeping you updated with what is going on in and around the Clayfield Electorate as well as in State Parliament. If you have any suggestions on how you would like to see our electorate improved please let me know.
If you have any issues please contact my office.
Tim Nicholls MP
Treasurer and Minister for Trade
Member for Clayfield
Mid-Year Review shows Queensland heading back to black
Queensland will benefit from fiscal surpluses well into the future under the Newman LNP Government's careful financial management.
Treasurer Tim Nicholls said today’s 2014-15 Mid-Year Fiscal and Economic Review showed the Government had kept its promise to get the state’s finances back on track and back in the black.
“In 2015-16 we will deliver the first fiscal surplus for Queensland in a decade,” Mr Nicholls said.
“This sets the foundation for restoring confidence, building a stronger economy and creating jobs.
“As a result, we will no longer need to borrow money to pay teachers or put fuel in ambulances.
“The strong decisions we made at the start of our term mean we’ve avoided worse financial shocks in the future.
“The Newman LNP Government’s hard work in cutting waste and reining in expenses means that next year we expect to post a surplus of $331 million – and we will continue to remain in surplus in the following years.”
Mr Nicholls said despite challenging economic conditions, including low world coal prices, there were now an extra 800 police protecting Queensland families, more than 760 extra teachers and teacher aides in classrooms and not one person left on the long wait dental list.
“Our commitment to and delivery of frontline services is unmatched,” Mr Nicholls said.
“We do have to contend with some challenges and that means in 2014-15 the deficit of $2.84 billion will be higher than forecast at Budget time.
“This is due to a write-down in revenues and also the timing of some disaster relief payments from the Commonwealth.
“We are also seeing economic growth at a slightly lower rate than forecast in the Budget with growth this year now expected to be around 2.5 per cent, rising to 5.75 per cent in 2015-16.
“As Treasury’s report shows, Queensland is not immune from global conditions and that’s why we need to work hard to build our four pillar economy and improve our financial resilience.”
Mr Nicholls said debt remained a critical issue for Queensland’s future.
“Our careful management of the state’s finances means we’ve been able to reduce debt slightly – but we are still headed towards $80 billion,” Mr Nicholls said.
“We have ended Labor’s reckless spending, but its legacy of debt is still constraining Queensland.
“Our Strong Choices plan to lease some assets, reduce debt, invest in job-creating infrastructure and help Queenslanders with cost of living pressures will secure our financial future.
“Labor has no plan to tackle the massive debt they foisted on Queenslanders.
“Only the Newman LNP Government has a strong team with a strong plan to build a stronger Queensland.”
The job's not done yet, but we're getting there
Editorial piece in the Courier Mail on Monday 15 December 2014 - read the full article here:
Electricity Price Relief
Under the Queensland Government’s $3.4 billion Strong Choices Electricity Price Relief plan the typical Queensland household will save $577 on their power bills over the next five years. Find out how much you could save using the online calculator found here www.strongchoices.qld.gov.au.
If given a mandate at the 2015 State election, we will have the funds available to take six per cent off retail electricity prices in 2015/16.”
To check your own electricity bill and work out what your own future savings could be, go to www.strongchoices.qld.gov.au.
New Jakarta Trade office to strengthen ties
Jakarta: Queensland businesses will benefit from a boost in trade with South East Asia following the official opening of the new Jakarta Trade office.
Treasurer and Minister for Trade Tim Nicholls said the State’s already strong relationship with Indonesia would grow even further with the Trade and Investment office set to make a key contribution to growing local export and investment opportunities across the region.
“The opening of this office is further demonstration of our commitment to helping Queensland businesses succeed on the world stage, and bringing in even more trade to our State,” Mr Nicholls said.
“With Queensland’s two-way merchandise trade with Indonesia valued at $2.3 billion last financial year, maintaining and further strengthening our ties is an important part of opening up business opportunities now and creating the jobs of the future.
“There are also important avenues for substantial growth in areas such as financial, education and other services where we have established markets with room to expand.
“Only an LNP Government with its strong plan and strong team can maximize the opportunities for Queensland businesses in uncertain times.
“Queensland’s appeal as an investment destination and place for getting business done has been enhanced by the seamless G20 meeting we have just hosted and it’s important that we continue to foster links in pivotal countries within the Association of South East Asian Nations (ASEAN) region.”
Mr Nicholls said endless business, trade and investment opportunities would be unlocked through the new Jakarta Trade office, including our state’s world-class food and agribusiness, and education and training industries.
“Queensland’s food and agriculture sector is valued at more than $14 billion per year and is our State’s second-biggest export earner, contributing more than $13 billion to the state's economy,” he said.
“While Labor has no plan for Queensland, we are focused on growing the economy.”
The Treasurer is currently leading a Singapore and Indonesia trade mission with Queensland business representatives, focused on creating jobs and business opportunities.
The trade delegation will capitalise on Queensland’s achievements in hosting hugely successful G20 leadership and finance meetings last month.