‘Loan a campaign storm in an election teacup’
IN THE wake of Premier Annastacia Palaszczuk sensationally announcing she would veto federal funding for a rail line connecting Abbot Point and the proposed Carmichael Mine, the ALP candidate for the seat of Burdekin has called on Adani to just “get on with (the mine) anyway”.
Mike Bunker cited in a statement released earlier this week the multiple times the Indian mining company has stated it does not need the controversial $1 billion National Australia Infrastructure Facility loan from the Federal Government to build the rail line.
The rail line is critical for the export of coal coming out of the Bowen Basin mine.
The pledge to veto the Federal Government loan came after Ms Palaszczuk revealed her partner Shaun Drabsch worked on Adani’s application for the loan under the Commonwealth’s Northern Australia Infrastructure Fund while advising for PricewaterhouseCoopers.
Mr Brunker, a former coal worker and union boss, is a strong supporter of the mine and said the people of Bowen also back the project.
“All this talk about the NAIF loan is just a campaign storm in an election teacup,” he said.
“We have heard in recent weeks from Adani management that the federal NAIF loan is not required by them to get this project off the ground, so I’m calling on them to get it moving and get hiring.”
The Palaszczuk Labor Government said it has had no role to date in the Federal Government’s NAIF loan assessment process for Adani.