Research / Cost drift statistics / Queensland Government capital spending against budget, 2023-24

Queensland Government capital spending against budget, 2023-24

Name: Queensland Government capital spending against budget, 2023-24
Creator: Demiton
License: https://creativecommons.org/licenses/by/4.0/

13.8%of the year's capital budget

QLDModerate confidenceOwner's money

13.8% of the year's capital budget: Queensland Government capital spending against budget, 2023-24 (Queensland Audit Office, 2025; QLD; moderate confidence).

What it is. 13.8% of the state's budgeted capital expenditure for the year, all portfolios.

Sample. The whole Queensland Government capital program, compiled by the Queensland Audit Office from state capital statements. 16.4% in 2022-23; about 15% a year on average since.

What it is not. The state's money, not a contractor's, and a spending variance for the year, not the cost growth of any project: spending can run ahead of budget because work is brought forward as well as because it costs more. The QAO restated the 2022-23 figure between reports (14% in 2023, 16.4% in 2024).

Where it came from

Queensland Audit Office (2025), Major projects 2024 (Report 9: 2024-25) · free copy
'Report on a page'; Chapter 2, commentary on Figure 2B, p.5 · source record

overrun_signal/overrun_qld_capital_spend_vs_budget · AU-QLD · F41, F42 ·the record ·link to this figure ·dispute this figure(or email support@demiton.io)

Every cost drift figure · all five diseases