03 November, 2017

Palaszczuk says she will veto federal Adani loan as she accuses LNP of ‘smear’

The Queensland government will veto Adani’s application for a $1bn commonwealth loan to build a rail line for its massive Carmichael mine, Annastacia Palaszczuk has said.

Annastacia Palaszczuk, campaigning with deputy premier
 Jackie Trad on Friday. The Queensland premier has accused
the LNP of intending to smear her.
Palaszczuk said the dramatic move, amid her campaign for re-election, came in response to what she believed was a federal Coalition plan to “smear” her and her partner, Shaun Drabsch, over his role in Adani’s loan application to the Northern Australia Infrastructure Facility (Naif).

As the government is in caretaker mode, any move to veto the loan would need bipartisan support.

The move will be a heavy blow to the Indian mining giant’s attempt to win finance in China for the controversial coalmine, but puts the state Labor government on the right side of opinion polls on the issue.


Read the story by Joshua Robertson on The Guardian - “Palaszczuk says she will veto federal Adani loan as she accuses LNP of ‘smear’."

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