QUEENSLAND – POLITICS AND GOVERNMENT

Qld targets zero carbon emissions by 2050

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Original article by Mark Ludlow
The Australian Financial Review – Page: 8 : 12-Jul-17

The Queensland Government has set a target date of 2050 for the state to become carbon neutral. As part of this strategy, the Government wants the state’s carbon emissions to be 30 per cent lower than 2005 levels by 2030. It has previously set a target date of 2030 for renewable energy to comprise 50 per cent of the state’s electric power generation by 2030, compared with just seven per cent at present.

CORPORATES
QUEENSLAND. DEPT OF THE PREMIER AND CABINET, QUEENSLAND. DEPT OF ENVIRONMENT AND HERITAGE PROTECTION

Qld urged to ditch 50pc energy target

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Original article by Mark Ludlow
The Australian Financial Review – Page: 6 : 11-Jan-17

The Queensland Resources Council says the State Government should reconsider its policy of lifting renewable sources’ share of power generation from just seven per cent to 50 per cent by 2030. It argues that the focus should be on setting an appropriate target for renewables which ensures that there is no rise in electricity prices for retail customers. The QRC has also raised doubts about the number of jobs that the renewable energy industry is likely to generate.

CORPORATES
QUEENSLAND RESOURCES COUNCIL LIMITED, AUSTRALIAN ENERGY COUNCIL, MACQUARIE GROUP LIMITED – ASX MQG, AUSTRALIAN LABOR PARTY

Parties split over Adani coal loan

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Original article by Phillip Coorey, Mark Ludlow
The Australian Financial Review – Page: 1 & 2 : 6-Dec-16

The Carmichael coal and rail project had received initial approval from the Queensland and Federal Governments, but the funding for the project has not yet been arranged. Queensland Premier Annastacia Palaszczuk has requested the Federal Government to provide Adani with a loan of up to $A1 billion from the Northern Australia Infrastructure Fund. The Australian Labor Party says the private project should not be subsidised with public funds.

CORPORATES
ADANI MINING PTY LTD, AUSTRALIAN LABOR PARTY, NATIONAL PARTY OF AUSTRALIA, QUEENSLAND. DEPT OF THE PREMIER AND CABINET, QUEENSLAND. DEPT OF MINES AND ENERGY

One Nation may target 60 seats

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Original article by Sarah Vogler
The Australian – Page: 6 : 23-Nov-16

One Nation won 11 seats in the 1998 election in Queensland, and the party aims to field candidates in at least 60 seats at the next state poll. The party’s state and national secretary, Jim Savage, stresses that One Nation will only contest seats if it can field goods candidate, and he says it has held talks with some former Liberal-National Party MPs who lost their seats at the last election. However, he adds that no sitting L-NP MPs have been approached about defecting.

CORPORATES
ONE NATION PARTY, LIBERAL-NATIONAL PARTY OF QUEENSLAND, AUSTRALIAN LABOR PARTY, AUSTRALIA. ATTORNEY-GENERAL’S DEPT, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Leanne Donaldson quits as Agriculture Minister over driving offence

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Original article by Sarah Vogler, Sarah Elks
The Australian – Page: 9 : 4-Nov-16

Queensland Agriculture Minister Leanne Donaldson has quit following revelations that she had driven an unregistered vehicle. She also failed to pay council rates on her home for more than three years. Her debt of $A8,000 was paid by the Australian Labor Party. Donaldson resigned after a meeting with Premier Annastacia Palaszczuk and Deputy Premier Jackie Trad on 3 November 2016.

CORPORATES
QUEENSLAND. DEPT OF PRIMARY INDUSTRIES AND FISHERIES, QUEENSLAND. DEPT OF THE PREMIER AND CABINET, AUSTRALIAN LABOR PARTY

Miners say water bill to cost jobs

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Original article by Michael McKenna
The Australian – Page: 2 : 12-Oct-16

New Hope Coal has warned that the Queensland Government’s proposed new water licence regime for existing resources projects will affect the timetable for the expansion of its Acland mine. MD Shane Stephan has told state MPs that the company will have to begin laying off workers at the mine in 2017 if the legislation is passed. The Queensland Resources Council has criticised the proposed legislation, which would subject resources projects to an additional environmental approval process in order to obtain a water licence.

CORPORATES
NEW HOPE COAL AUSTRALIA, NEW HOPE CORPORATION LIMITED – ASX NHC, QUEENSLAND RESOURCES COUNCIL LIMITED, ADANI MINING PTY LTD, QUEENSLAND. DEPT OF ENVIRONMENT AND HERITAGE PROTECTION

LNP leader ‘open to $5bn ports sale’

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Original article by Sarah Elks
The Australian – Page: 1 & 6 : 21-Sep-16

The privatisation of public assets was a key issue in the last two Queensland elections, and Treasurer Curtis Pitt has indicated that asset sales are not on the government’s agenda. However, Opposition Leader Tim Nicholls has flagged the possible sale of assets such as ports if the Liberal-National Party wins the next state election. Peter Simpson of the Electrical Trades Union has warned that the union movement will revive an anti-privatisation campaign if the LNP again seeks to sell public assets.

CORPORATES
QUEENSLAND. TREASURY, LIBERAL-NATIONAL PARTY OF QUEENSLAND, ELECTRICAL TRADES UNION, PORT OF MELBOURNE, QIC LIMITED, AUSTRALIAN LABOR PARTY

Crown board signs off on Queen’s Wharf bid

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Original article by Perry Williams
The Australian Financial Review – Page: 19 : 10-Jul-15

CSLA and Deutsche Bank expect Echo Entertainment Group to be the successful bidder for the right to build a new casino in Brisbane. Crown Resorts has finalised its submission to the Queensland Government, which has reiterated that a decision on the winning bid will be made after the state Budget is handed down on 14 July 2015. Opposition Leader Lawrence Springborg has urged the Government to announce the winning bidder immediately.

CORPORATES
ECHO ENTERTAINMENT GROUP LIMITED – ASX EGP, CROWN RESORTS LIMITED – ASX CWN, CLSA AUSTRALIA PTY LTD, DEUTSCHE BANK AG, QUEENSLAND. DEPT OF THE PREMIER AND CABINET, AUSTRALIAN LABOR PARTY, LIBERAL-NATIONAL PARTY OF QUEENSLAND, GREENLAND HOLDING GROUP COMPANY LIMITED, FAR EAST CONSORTIUM INTERNATIONAL LIMITED, CHOW TAI FOOK ENTERPRISES LIMITED, THE STAR, CREDIT SUISSE (AUSTRALIA) LIMITED

Coal royalties plunge $3b in Queensland

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Original article by Mark Ludlow
The Australian Financial Review – Page: 8 : 25-Jun-15

Queensland Treasurer Curtis Pitt says the State Government will achieve an operating surplus in the next four years. However, the July 2015 Budget will include a $A2.988bn write-down of mining royalties over four years, due primarily to the slump in global coal prices. Pitt notes that state revenue will be bolstered by Queensland’s booming residential property market, and says the first-home owners grant will be retained in 2015-16.

CORPORATES
QUEENSLAND. TREASURY, AUSTRALIAN LABOR PARTY, STOCKLAND – ASX SGP, PROPERTY COUNCIL OF AUSTRALIA LIMITED

Only the Morgan Poll predicted the Queensland Election as ‘too close to call’ as Labor looks set to return to office in Queensland after only one term out

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Original article by Gary Morgan, Michele Levine, Julian McCrann
Morgan Poll Update – Page: Online : 1-Feb-15

The final SMS Queensland State Morgan Poll conducted in mid-January 2015 showed the Liberal-National Party (50.5 per cent) with a slight two-party preferred advantage over the Australian Labor Party (49.5 per cent). This was the closest result of all major polls conducted for the state election. The Galaxy, Newspoll and ReachTEL polls conducted in the last week all predicted a clear LNP majority of 52 per cent per cent, compared with 48 per cent for the ALP. Roy Morgan Research executive chairman Gary Morgan says the SMS State Morgan Polls correctly predicted the close election results in Victoria in 2014 and Queensland in 2015

CORPORATES
MORGAN POLL, ROY MORGAN RESEARCH LIMITED, LIBERAL-NATIONAL PARTY OF QUEENSLAND, AUSTRALIAN LABOR PARTY, GALAXY RESEARCH PTY LTD, REACHTEL PTY LTD, NEWSPOLL, NEWS CORPORATION – ASX NWS, MILLWARD BROWN AUSTRALIA, AUSTRALIAN GREENS, KATTER’S AUSTRALIAN PARTY, PALMER UNITED PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET