Queensland budget 2015: Treasurer Curtis Pitt set to announce return to surplus

Extract from ABC NEWS 

Updated 13 minutes ago

Photo: Treasurer Curtis Pitt has described his first budget as "responsible", "measured" and "innovative". (AAP: Dave Hunt)

The Palaszczuk Government is expected to announce a return to surplus when it hands down its first budget today.

Labor is yet to explain how it intends to pay down debt, with all eyes on public service superannuation.
It has ruled out dipping into the super fund to offset falling mining royalties, but is reportedly considering a temporary halt to payments.
Treasurer Curtis Pitt will transfer $4.1 billion of government debt to the balance sheets of state-owned power companies.
He will later merge the five electricity entities into two, with details of the merger to be revealed today.
"We'll be giving more detail in terms of how we look at our debt action plan and how we'll be approaching the next three years in government," Mr Pitt said.
The Treasurer said his economic vision for the state would also focus on job creation and funding frontline services.
"What the Palaszczuk Government stands for, who we are, and how we plan on taking Queenslanders with us [will be outlined]."
Some measures already announced include extra funding for nurses, vocational training, and domestic violence prevention.
Shadow Treasurer John-Paul Langbroek is sceptical about the Treasurer's vision.

"He's produced no plan for jobs, no plan for confidence."