Bizarrely the minister claims the project was cancelled to save jobs. The only jobs directly affected by this project were those of 40 public servants who were to transfer across to the not-for-profit consortium.
Surely the future of thousands of needy Queenslanders hasn’t been canned just to mollify the public sector union.
Combined with other call-ins this cancellation increases the perception of sovereign risk when dealing with Queensland.
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Investors will be less likely to do business in Queensland and they will demand a premium to compensate for the risk of state government caprice.
Which means higher costs for all of us, and a harder road for the Queenslanders whose needs this renewal would have met, the majority of whom it is safe to say, would be Labor voters.
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