Queensland public servants will be in line for a cash bonus of $1250 in a move labelled by the Opposition as a ‘cash splash for votes.’
Treasurer Jackie Trad announced the bonuses for more than 200,000 workers.
It comes on top of annual wage increases of 2.5 per cent, which is more than the current rate of inflation.
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Almost all public servants who sign, or have signed new workplace agreements from March 2018 to March 2021 will be eligible for the bonus.
That includes, nurses, midwives and teachers.
Senior executives and senior officers will not be eligible.
It’s set to cost taxpayers $250 million, with the Opposition slamming the move.
“This taxpayer funded cash splash should be tied to guaranteeing better services as Labor have created a major health crisis, with waiting lists blowing out, and education results slipping,” Deputy LNP Leader Tim Mander told News Corp.
Ms Trad insists the payment is about supporting Queensland’s economy.
“The Governor of the Reserve Bank last month called for all levels of Government to provide additional support above existing caps on wages growth to drive economic growth,” she said.
But experts have dismissed the Treasurer’s claims saying it will do very little to boost the economy.
University of Queensland economist John Mangan says most of the money will end up going towards bills and credit card payments.
“People will pay debt off. It’ll do nothing at all,” Professor Mangan told AAP.
“That’s what always happens when you get these one-off income jolts.
“If it were a permanent pay rise, that would be a completely different thing.”