Queensland may borrow for infrastructure
- JUNE 11, 2015
QUEENSLAND’S acting premier has hinted that the state may revert to their plan B by borrowing cash to build needed infrastructure.
THE state government has criticised the federal government for only giving public transport infrastructure funding to states that privatise their assets.
But Acting Premier Jackie Trad says the government is now prepared to borrow for infrastructure if required.”Our determination was to pay down debt and that’s exactly what we’ll be doing through our election commitment and through the state budget,” she said.”If there is a need to borrow for infrastructure it will be done in an absolutely responsible way.”Ms Trad has also unveiled the government’s infrastructure directions paper, but she admits the first infrastructure plan will come almost one year after Labor came to power.The paper is focused on streamlining planning and assessments, financing, procurement and delivery, and the use and management of infrastructure.The acting premier said the government would release an overarching infrastructure plan in early 2016.