Steven Miles, sworn in as Queensland’s new Premier

Steven Miles has officially become Queensland’s 40th premier.

Miles was sworn in after Annastacia Palaszczuk tenders her resignation to Queensland Governor Jeannette Young in Brisbane.

Miles will be joined by new deputy Cameron Dick, marking the first time since 2005 the Queensland Labor Party will have two men at the helm.

Miles has outlined his priorities with the cost of living, housing, education and youth crime are expected to be high on the agenda as well as new emission reduction targets.

The new premier has also confirmed an independent authority will be established to review 2032 Brisbane Olympic infrastructure plans, with the controversial $2.7 billion Gabba rebuild on the list.

Miles emerged as the frontrunner to take over the top job soon after Ms Palaszczuk’s shock announcement on Sunday.

Palaszczuk stepped down after almost nine years as premier, quickly endorsing Miles as her successor.

However, he faced opposition with Health Minister Shannon Fentiman announcing a leadership tilt.

Barely 12 hours later Ms Fentiman withdrew her bid, saying it was clear Miles had the numbers to become premier amid speculation of a backroom union deal.

A new-look cabinet is set to be unveiled on Monday.

Ms Palaszczuk was Australia’s longest-serving sitting premier, enjoying 12 years as party leader.

She went from an opposition with seven seats to becoming premier in 2015, going on to become the first woman to lead a party to three state election victories.

Ms Palaszczuk will also depart her Inala seat by year’s end, prompting a by-election.