Queensland assets sale – the myths versus the facts
The Government recently announced its intention to sell five assets:
- Forestry Plantations Queensland (the trees not the Crown land)
- Port of Brisbane
- Queensland Motorways Limited (the tolling rights on the Gateway and Logan motorways not the road and bridge infrastructure)
- Abbot Point Coal Terminal (north of Bowen)
- Queensland Rail’s (QR) coal transport business and assets.
The Government is also examining the potential sale of other commercial parts of QR but is NOT selling QR's public passenger services, or the State's rail network (other than coal lines).
The Government is selling these assets to prioritise spending on its public infrastructure building program, which is moving Queensland through the worst global recession in 70 years and protecting 127,000 local jobs.
Why the Government is selling these assets
- Responding to the global recession
- The financial benefits of selling
- Why these assets were chosen
- A focus on public infrastructure
Find out more
- When and how they will be sold
- Asset sale success stories
- Employment guarantees
- Assets sale myths and facts
If you have more questions email thefacts@treasury.qld.gov.au
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