INLAND RAILWAY- POLITICS OF DISASTER

Back in the days of his prime, Barnaby Joyce announced that the Coalition Government had allocated 9.5 billion dollars for the construction of the Inland Railway.

He had demanded this from Malcolm Turnbull as the price for National Party cooperation at the time of Turnbull’s coup to topple Abbott.

Turnbull reluctantly agreed, but insisted that it had to be funded ‘off balance sheet’, ie, not taken from general taxpayer revenue in the next Budget, but funded by loans to be taken out by the Federal Government’s own railway company, ARTC (Australian Rail Track Corporation) against its balance sheet. Future revenue would pay back the loans.

This was mentioned only in the fine print of the public announcement. Most voters think it is being funded by regular government grants.

In other words, Barnaby Joyce proceeded with the project without allocating one cent of government funds to it. This means that his in-depth commitment to it has been Nil. It was simply a vote getting stunt. Continue reading “INLAND RAILWAY- POLITICS OF DISASTER”

THE ADANI ELECTION

Queenslanders go to the polls on Saturday, 25 November, to elect a State Government.

Ostensibly, it is a contest between Annastacia Palaszczuk and Tim Nicholls as to who will be Premier of the Queensland Parliament,

It is absolutely not.

The battle is about whether or not one of the largest coal mines in the world will be opened in the Galilee Basin of Queensland and send its coal to India via the Barrier Reef.

This creates a complicated political situation as both Palaszczuk and Nicholls strongly back the opening of the mine, as does the likely holder of the balance of power, Pauline Hanson and her competitor for that role – Robbie Katter.

One would think that this would place the Adani mine in the safest of political positions, but it does not. It is an issue that will dominate the headlines until voting day as Adani protesters turn up to disrupt every political meeting, particularly those of the Premier.

Its chief beneficiary will be the Greens who have never before prospered in Queensland.

They will gain the balance of power and deny Hanson her dream. Continue reading “THE ADANI ELECTION”