POLITICAL CAMPAIGNS – QUEENSLAND

Labor hits voters with new taxes

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Original article by Mark Ludlow
The Australian Financial Review – Page: 10 : 24-Nov-17

Queensland Treasurer Curtis Pitt released details of four new or increased taxes on 23 November, just two days before that state’s election. The taxes, which include a new tax on luxury cars and an increase in the transfer duty surcharge imposed on overseas buyers of property, are due to come into effect in June 2018. They are aimed at helping to fund the $A2.8 billion worth of commitments that Labor has announced during the election campaign, but Liberal National Party treasury spokesman Scott Emerson says boosting taxes is not the way to grow the Queensland economy.

CORPORATES
QUEENSLAND. TREASURY, AUSTRALIAN LABOR PARTY, LIBERAL-NATIONAL PARTY OF QUEENSLAND, TATTS GROUP LIMITED – ASX TTS, PROPERTY COUNCIL OF QUEENSLAND

LNP risks $20b for clean energy

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Original article by Mark Ludlow
The Australian Financial Review – Page: 10 : 23-Nov-17

The Liberal National Party has stated it will scrap the Queensland government’s 50 per cent renewable energy target if it wins the election on 25 November. It has also promised to construct a coal-fired power station. Premier Annastacia Palaszczuk notes Queensland already has eight coal-fired power stations, while she contends that scrapping the renewable energy target will put $A20 billion worth of investment at risk. LNP leader Tim Nicholls has stated the target is not realistic, while he contends the current government has used taxpayers’ funds to subsidise large solar energy projects.

CORPORATES
LIBERAL-NATIONAL PARTY OF QUEENSLAND, QUEENSLAND. DEPT OF THE PREMIER AND CABINET, ADANI MINING PTY LTD, RIO TINTO LIMITED – ASX RIO, AUSTRALIAN LABOR PARTY, AGL ENERGY LIMITED – ASX AGL, INFIGEN ENERGY LIMITED – ASX IFN, QUEENSLAND. DEPT OF ENERGY AND WATER SUPPLY, AUSTRALIAN BROADCASTING CORPORATION, NORTH AUSTRALIA INFRASTRUCTURE FACILITY

Just build it, Palaszczuk tells Adani

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Original article by Mark Ludlow
The Australian Financial Review – Page: 10 : 22-Nov-17

Queensland Premier Annastacia Palaszczuk has urged Adani to just commence work on its $A16.5 billion Carmichael coal mine, rather than wait for any possible federal assistance. Speaking during campaigning for the Queensland election, Palaszczuk noted Adani had received all relevant approvals for the mine. Palaszczuk has recently vetoed a federal government loan that would assist Adani with the Carmichael project, but she does not think that will hurt Labor’s chances of winning the election, which will be held on 25 November

CORPORATES
QUEENSLAND. DEPT OF THE PREMIER AND CABINET, ADANI MINING PTY LTD, ONE NATION PARTY, LIBERAL-NATIONAL PARTY OF QUEENSLAND

Turnbull brands Palaszczuk regime lazy

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Original article by Mark Ludlow, Matthew Cranston
The Australian Financial Review – Page: 1 & 4 : 20-Nov-17

Prime Minister Malcolm Turnbull has called on Queenslanders to cast their votes against the Palaszczuk Labor government when they go to the polls on 25 November. Speaking on 19 November, Turnbull said the Palaszczuk government had been a lazy one, and that its obsession with renewable energy in a state that has vast coal resources had led to high power prices. Queensland opposition leader Tim Nicholls conceded that the previous Liberal National Party had made mistakes, but that they would not be repeated under any government he led.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, QUEENSLAND. DEPT OF THE PREMIER AND CABINET, AUSTRALIAN LABOR PARTY, LIBERAL-NATIONAL PARTY OF QUEENSLAND, ONE NATION PARTY, ADANI MINING PTY LTD

State government ‘split over Adani mine’

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Original article by Mark Ludlow
The Australian Financial Review – Page: 9 : 2-Nov-17

Liberal-National Party leader Tim Nicholls says a number of senior Queensland Government ministers oppose Adani’s proposed Carmichael coal mine, while even Premier Annastacia Palaszczuk has been reluctant to support it. Nicholls adds that his party fully supports the $A16.5bn project. The Opposition also supports the construction of a clean-coal power station in North Queensland, and has questioned the Government’s failure to release a report which found that it would be financially viable.

CORPORATES
LIBERAL-NATIONAL PARTY OF QUEENSLAND, AUSTRALIAN LABOR PARTY, QUEENSLAND. DEPT OF THE PREMIER AND CABINET, ADANI MINING PTY LTD, QUEENSLAND. DEPT OF ENERGY AND WATER SUPPLY

Business leaders in no doubt: Newman on right track with asset sales

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Original article by Annabel Hepworth, Michael McKenna
The Australian – Page: 1 & 4 : 15-Jan-15

Public assets privatisation is a major issue in the campaigning for the Queensland state election to be held on 31 January 2015. Business leaders, as surveyed by the Chamber of Commerce & Industry Queensland, have voiced strong support for the plans of Premier Campbell Newman to lease power and ports infrastructure to overseas institutional investors. He believes that the eventual gains may exceed the original estimate of $A37bn, of which $A25bn will be used to pay down the state’s debt

CORPORATES
QUEENSLAND. DEPT OF THE PREMIER AND CABINET, CHAMBER OF COMMERCE AND INDUSTRY QUEENSLAND, UNIVERSITY OF QUEENSLAND, SUNCORP GROUP LIMITED – ASX SUN, FLIGHT CENTRE TRAVEL GROUP LIMITED – ASX FLT, QIC LIMITED, BHP BILLITON LIMITED – ASX BHP, QUEENSLAND. TREASURY, PORT BOTANY, PORT OF BRISBANE CORPORATION, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY, GRIFFITH UNIVERSITY, QANTAS AIRWAYS LIMITED – ASX QAN, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, MEDIBANK PRIVATE LIMITED – ASX MPL, HSBC AUSTRALIA HOLDINGS PTY LTD, BANK OF AMERICA AUSTRALIA LIMITED, MERRILL LYNCH (AUSTRALIA) PTY LTD, LIBERAL-NATIONAL PARTY OF QUEENSLAND