Both on Sunday defended their economic credentials to manage the economy.

Deputy Premier and Treasurer Jackie Trad began an arts degree at Griffith University, before finishing a master's degree in public administration at the University of Sydney.

The South Brisbane MP said she has been a member of the Palaszczuk government’s Budget Review Committee for the past three years.

She has previously been minister for infrastructure, local government and planning, transport, trade and investment.

“Economics is a passion of mine,” Ms Trad said.

“I think we have some big issues as a nation in terms of making sure that the economic prosperity we are all seeing is shared by all Australians.”

Mr Mander said he had been in Parliament for six years and a cabinet minister for two years, when he was Housing and Public Works Minister (2012-15) in the Newman government.

“In my prior life, before politics, I ran a large not-for-profit organisation for six years,” Mr Mander said.

“And believe me, when you have run one of those organisations on the smell of an oily rag you know how to manage your finances.”

Mr Mander, now Everton’s MP, was the chief executive of Scripture Union in Queensland, which is a Christian body that provides chaplains for schools.

Of most interest in Monday’s Mid Year Financial Review will be the impact of an expected increase in coal royalties on the budget’s bottom line and the impact of the four increased charges announced by former treasurer Curtis Pitt during the November 2017 election campaign.

Mr Pitt announced that Labor would:

1. Raise the existing 3 per cent transfer duty surcharge applied to foreign buyers of Queensland property to 7 per cent, expected to deliver an extra $33 million a year;

2. Increase land tax on property holders who own more than $10 million worth of land. This covers about 850 large property holders and raise an extra $227 million over three years, or about $75 million per year;

3. Increase the car sales duty on cars selling for more than $100,000 to raise $75 million over three years.

Labor also announced a 15 per cent “wagering charge” on betting companies offering services to Queenslanders would also be enforced. It would apply to all bets placed in Queensland.

In the 2017-18 Budget Papers, Queensland’s budget surplus for 2016-17 was $2.8 billion, but the long term overall debt – including government-owned businesses was forecast to be $71.99 billion in 2017-18.

That has dropped from five years ago, but is forecast to increase and hit $81 billion by 2020-21.

The 2016-17 $2.8 billion surplus was predicted to drop by $146 million for 2017-18 as the Queensland government begins payments for the impact of Cyclone Debbie.

Cyclone Debbie will cost the Queensland economy about $2 billion.

Economic growth is tipped to grow from 2.75 per cent in 2016-17 and 2017-18, before improving to 3 per cent in 2018-19.

Ms Trad on Sunday downplayed estimates the increase in land tax would flow through the economy and cut jobs.

“Look, I think that is a very easy claim to make,” Ms Trad said.

“But what we have seen in last month’s job figures is an increase in jobs in Queensland.”