Treasurer, Minister for Energy and Minister for Home Ownership

The Honourable David Janetzki

Minister for Natural Resources and Mines, Minister for Manufacturing and Minister for Regional and Rural Development

The Honourable Dale Last

23 June 2026

JOINT MEDIA STATEMENT: Fuel Security Plan and unlocking critical minerals for sovereign capabilities

  • Budget is strengthening the foundations for a fresh start with a Fuel Security Plan, unlocking critical minerals and boosting manufacturing.
  • Program to accelerate extraction, processing and export of critical minerals in new projects, with $46.1 million over three years.
  • Re-commercialising former mines to extract valuable critical minerals with $6.4 million over two years.
  • Boosting Queensland’s fuel security by restoring the State’s ability to drill, refine and store fuel locally as part of the Government’s total package of $19 million over two years to support the Queensland Fuel Security Plan.
  • Review of the Financial Provisioning Scheme to evaluate policy settings to support new and existing resources investment.
  • Securing advanced manufacturing jobs in the Wide Bay Burnett with a new Manufacturing Hub in Maryborough.
  • Securing local jobs and delivering trains for Queensland’s transport network with the Queensland Train Manufacturing Program.

The Crisafulli Government is delivering for Queensland by accelerating new critical minerals projects, delivering a Fuel Security Plan, and boosting advanced manufacturing and securing local jobs, in the 2026-27 Budget.

The $749.1 million Natural Resources and Mines, Manufacturing and Regional and Rural Development Budget is strengthening the foundations for a fresh start for better services through a stronger economy.

Unlocking Queensland’s critical minerals, the Crisafulli Government is accelerating the extraction, processing and exporting of our highly-sought critical minerals to the world, with a new fund to drive investment into new projects and catalytic infrastructure.

Former mine sites with high-value critical minerals will be re-commercialised to extract critical minerals from abandoned mining tailings, as part of unlocking the emerging sector.

The Budget will boost fuel security by restoring our ability to drill, refine and store in Queensland, unlocking the Taroom Trough and optimising existing operations in the Cooper-Eromanga Basin, as well as delivering the Taroom Trough Development Plan and expanding local refining capacity.

The Department of Natural Resources and Mines, Manufacturing and Regional and Rural Development will lead a review of the Financial Provisioning Scheme to support new and ongoing resources investment, and will assume administration of the Scheme following the completion of the review.

A new Maryborough-based Manufacturing Hub will boost advanced manufacturing skills in the Wide Bay Burnett region, locking in Maryborough jobs, and expanding the benefits of the Queensland Train Manufacturing Program.

The Queensland Train Manufacturing Program will reach full-steam this year in Maryborough, with the first train being manufactured, supporting local jobs for the long-term.

Further, Queensland manufacturers will have the opportunity to tender for The Better Bus Build, with up to 630 new buses to help upgrade the fleet in South East Queensland to support the Crisafulli Government’s investment across the public transport network.

Treasurer David Janetzki said the 2026-27 Budget was about delivering for Queensland with better services through a stronger economy.

“We are delivering on our promises, with relief you can rely on through responsible decisions for now and the future, and no new or increased taxes,” Treasurer Janetzki said.

“This Budget strengthens the foundations we’ve laid in making Queensland safer, restoring health services, delivering a place to call home for more Queenslanders, building generational infrastructure, getting the Games back on track, as well as playing our part to ease national cost of living pressures.”

Minister for Natural Resources and Mines, Minister for Manufacturing and Minister for Regional and Rural Development Dale Last said the Budget unlocked resources, strengthened manufacturing and secured regional jobs.

“This Budget sends a clear signal Queensland is open for business and serious about growing the industries that underpin our economy,” Minister Last said.

“Unlike the former Labor Government who demonised the resources sector, drove investment away and inflated regulation, we just get it done.

“We are backing the resources sector with targeted investment to fast-track exploration, support critical minerals development and give proponents the confidence to invest and get projects moving.

“We are also strengthening Queensland’s manufacturing capability, supporting regional supply chains and helping create more secure local jobs across the State.”