The former federal opposition leader has been appointed to the board of the Queensland Investment Corporation by the state's Liberal-National government.
The corporation is a state-owned investment manager with more than $135 billion in assets under its purview, and directors can earn up to $135,000 a year.
Former Queensland Labor assistant minister Michael Choi will join Mr Dutton on the board.
"The appointments are designed to put a greater focus on developing investment areas of critical minerals and defence industries," the Crisafulli government said in a statement on Friday.
"The honourable Peter Dutton will bring his expansive government and defence industry experience to provide strategic advice on accelerating development through the flagship Sovereign Industry Development Fund."
Under Mr Dutton's leadership, the coalition suffered its worst federal election result in history in May, when he also lost his seat of Dickson to Labor's Ali France.
An internal party review of the disastrous campaign singled out Mr Dutton's personality, a lack of coherent policies and poor campaigning for the result.
"The 2025 federal Liberal campaign failure is widely considered to be the worst campaign the party has ever fought," the report concluded.
Mr Dutton was perceived by voters as hard-edged and uncaring, particularly among women and young people, according to the report.
Queensland Treasurer David Janetzki said Mr Dutton and Mr Choi's appointments would help grow the state's economy.
"These appointments will bring world-class expertise to the Queensland Investment Corporation, strengthening its ability to drive investment in our state," Mr Janetzki said.
"Queensland is open for business, and we are equipping our state-owned investment manager to secure opportunities within Australia and abroad."
Finance, Trade, Employment and Training Minister Ros Bates said the pair would bring "strong and clear leadership".
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