LIGHT RAIL EXTENSION ON CARDS, BUT 'WE WON'T BE BULLIED'

Written on the 25 September 2015 by Jenna Rathbone

LIGHT RAIL EXTENSION ON CARDS, BUT 'WE WON'T BE BULLIED'

FEDERAL MP Steven Ciobo has opened the door for federal funding of the next stage of the Gold Coast light rail, but he says the new Turnbull Government won't be rushed into making a decision.

His comments follow the Queensland Labor Government's demand this week for a commitment within seven days.

Speaking at a Gold Coast Central Chamber of Commerce event, the newly appointed Minister for International Development and the Pacific, says the federal government will not be bullied into investing taxpayer's money into a project without proper consultation and research.

"The state government has given us a seven day deadline, but we have indicated that that is a bit ridiculous," says Ciobo.

"It is a half-a-billion dollar project and, although the state government has a bit of a theme around just racing out and doing things, we won't do it without going through the appropriate process of doting our I's and crossing our T's.

"From a federal government perspective, if we are going to invest $150-$230 million of taxpayer's money into a project, we are not going to let it be another, for example, desalination plant or, from a federal level, the same kind of policies we saw with the pink batts scheme.

"That is why we are being so prudent."

Ciobo also indicates that, with Malcolm Turnbull as Prime Minister, the second stage of the light rail is more likely to come to fruition. 

"We saw in Queensland, at a state level, the consequences of what took place when we didn't listen to what people were saying to us. We needed to listen to the message that was being sent to us by 30 different Newspolls about the need to change leadership," he says.

"Historically, under Tony Abbott, the view was that the federal government would not provide funding for urban public transport, it wouldn't provide funding for roads and not for things like the light rail.

"Malcolm Turnbull's ascension now as Prime Minister has brought change to that policy."


Author: Jenna Rathbone
About: Jenna Rathbone is a Queensland-based journalist who writes on a range of issues including business and property affairs and social issues.
Connect via: Twitter

Latest News

Q & A WITH FACEBOOK GURU ANDY MCKEON AS HE JOINS AUSTRALIAN SOFTWARE COMPANY LIVETILES

HE was creative director at Apple under the legendary Steve Jobs, and is now a senior Facebook executive. In his n...

EAST COAST PROPERTY BOOM BUILDS PROFITS FOR BRICKWORKS

AUSTRALIA'S residential property boom has helped drive a sharp rise in first half earnings for Brickworks (ASX: B...

COLLINS SUPERSIZES IN EUROPE WITH PURCHASE OF 16 KFC RESTAURANTS IN THE NETHERLANDS

COLLINS Foods (ASX:CKF) has stepped up its European expansion through the purchase of 16 KFC restaurants in the Ne...

CSIRO HELPS DEVELOP AUSTRALIAN PHARMA COMPANY FROM $10 MILLION TO $305 MILLION

GOVERNMENT backed scientists have helped multiply the market value of a previously small Australian pharmaceutical...

Related News

RAY OF HOPE FOR SLATER AND GORDON AS LENDERS STEP IN

EMBATTLED law firm Slater and Gordon (ASX: SGH) has announced to the ASX that it has launched confidential discussion...

SPROUTX PROVIDES THE SEED FOR AGTECH STARTUPS

AGTECH innovation fund SproutX has opened applications for its first accelerator round, backed by $10 million from...

GAS PRICES MAY FORCE BRICKWORKS TO TAKE MANUFACTURING OVERSEAS

BRICKWORKS Limited (ASX:BKW) chairman Robert Millner says soaring energy prices may force the company to turn to offs...

CHINA CONTINUES TO COLLECT AUSSIE PROPERTY ASSETS

CHINESE coin continues to dominate Australia's offshore real estate investment market, accounting for almost h...

EVENTS COMING UP

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter