Queensland's assets sale
On 2 June 2009 the Honourable Anna Bligh MP, Premier of Queensland delivered the following address to the Parliament of Queensland.
Read a transcript of the Premier's speech
Download a copy of the transcript (.rtf, 108 KB)
Premier Anna Bligh has detailed her plan to renew Queensland's finances and reshape the state's economy.
The government is selling five commercial assets to reduce state debt and prioritise government spending on public infrastructure and services like schools, hospitals, public transport and roads. The assets are:
- Forestry Plantations Queensland (the trees not the land)
- Port of Brisbane
- Queensland Motorways Limited (the tolling rights on the Gateway and Logan motorways not the road and bridge infrastructure)
- Abbot Point Coal Terminal (north of Bowen)
- Queensland Rail's (QR) coal transport business and assets.
The government is also examining the potential sale of other commercial parts of QR but is NOT selling QR's public passenger services, or the state's rail network (other than coal lines).
The sale of the assets will allow the government to continue its record $18 billion building program, which is moving Queensland through the worst global recession in 70 years and protecting 127,000 local jobs.
Find out more about the assets sale program in these media statements:
Last updated Tuesday, March 15, 2011
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