Last Tuesday the Queensland government tabled its 2015/2016 budget forecasting a $962m operating surplus in 2014/2015 and a $1.2bn surplus in 2015/2016. The 2015/2016 borrowing requirement will be $6.5bn or about 8% higher than the 2014/2015 requirement of $6bn, assuming a $1bn inflow as a result of budget measures. Gross Qld govt debt per person Gross state product is forecast to grow at 4.5% which is up from the previous...