Report No. 44, 56th Parliament - Queensland Future Fund Bill 2020

Committee's Report

The committee tabled its report on the Queensland Future Fund Bill 2020 on 7 August 2020.  The Bill was passed on 13 August 2020. 

View:Debate of the Bill in Parliament - transcript 12 August 2020 (pages 1977 – 2002 and pages 2014 - 2024 and transcript 13 August 2020 (pages 2056 – 2071). The debate can be viewed by clicking on the movie icon within the transcript.
View:Queensland Future Fund Bill 2020
View:Explanatory notes
View:Introductory speech
View:Statement of compatibility

About the Bill

On 14 July 2020, the Treasurer and Minister for Infrastructure and Planning, the Hon Cameron Dick MP, introduced the Queensland Future Fund Bill 2020 (Bill) into the Legislative Assembly. In accordance with Standing Order 137, the Bill was declared urgent and referred to the Economics and Governance Committee for consideration and report.   

The objectives of the Bill, as outlined in the explanatory notes, are to:

  • establish a Queensland Future Fund under an Act of Parliament, replicating, as far as possible, the legislative model set up by the NSW Generations Funds Act 2018
  • establish the first Queensland Future Fund, the ‘Queensland Future (Debt Retirement) Fund’ (Debt Retirement Fund), to quarantine funding to reduce the debt of the State
  • enable the establishment of other Queensland Future Funds and provide for the ongoing administration of Queensland Future Funds, and
  • provide an additional guarantee of the State’s defined benefit liabilities.

Call for submissions

Submissions are now closed. Submissions are published under the "View Submissions" tab.


Submissions closed:Wednesday 22 July 2020
Public briefing:Monday 27 July 2020 - program - broadcast - transcript
Public hearing:Monday 27 July 2020 - program - broadcast - transcript
Report:Friday 7 August 2020 - report
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