INSIGHTS: Queensland's Credit Downgrade
Insights
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Posted 17/09/2026
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S&P Global Ratings has cut Queensland's credit rating for the first time since 2009, and the May federal changes to capital gains tax and negative gearing are squarely in the reasoning: fewer investors, fewer transactions, less stamp duty. We unpack what a weaker property market means for state revenue, borrowing capacity, Brisbane dwelling prices and the infrastructure Queensland has already committed to, Olympics included.