No special deals for Adani

No special deals for Adani

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The Queensland Premier has signed a secretive royalties deal with Adani which looks set to hand them hundreds of millions of dollars in public funds as a 'loan' for the first 5 years of their mine in Central Queensland.

Before the 2015 election, the Queensland ALP promised that "Adani must ensure its project is viable in an open, competitive marketplace. Labor will not do any secret deals."

But yesterday, that is just what the Premier did. A secret deal, which means Adani will pay virtually nothing in royalties for 5 years. Nobody even knows exactly what the deal is. It ...

The Queensland Premier has signed a secretive royalties deal with Adani which looks set to hand them hundreds of millions of dollars in public funds as a 'loan' for the first 5 years of their mine in Central Queensland.

Before the 2015 election, the Queensland ALP promised that "Adani must ensure its project is viable in an open, competitive marketplace. Labor will not do any secret deals."

But yesterday, that is just what the Premier did. A secret deal, which means Adani will pay virtually nothing in royalties for 5 years. Nobody even knows exactly what the deal is. It's just like a big fat upfront loan, negotiated entirely behind closed doors with no transparency.

Adani has said this decision paves the way for them to start the mine. Adani’s billionaire chairman, Gautam Adani, personally thanked the Queensland Premier, Annastacia Palaszczuk, “and the elected members of the state for their continued support to make this happen”.

 

 

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No special deals for Adani!

Send an email now to Premier Annastacia Palaszczuk and tell her you won't accept any special deals for Adani.  Taxpayers shouldn't be bankrolling Adani - there must be no royalties deferral and no $1billion loan from the Northern Australia Infrastructure Fund.

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