An economics expert says current interest rates could hurt the bottom line of tomorrow’s state budget.

Founder and director of Adept Economics Gene Tunny told Scott Emerson on 4BC Drive Queensland’s current debt is around $1.7 billion a year, forecast to rise to $2.2 billion in 2024-25.

“I want to see what that means, and what that means for their decision making,” he said.

Mr Tunny also said it looked like the state government was looking to impose a “super profits tax”.

“The mining companies are obviously pushing back on that, but the government thinks that it can extract a bit more revenue out of them and not cause too much harm,” he said.

“The challenge is of course you don’t want to undermine the economics of future investment projects or force current ones to shut down.”

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