Australian Coat of Arms

Member for Blaxland

Shadow Minister for Trade and Investment

Shadow Minister for Resources and Northern Australia 

Genex NAIF loan announced - at last!

THE HON JASON CLARE MP
SHADOW MINISTER FOR TRADE AND INVESTMENT
SHADOW MINISTER FOR RESOURCES AND NORTHERN AUSTRALIA
MEMBER FOR BLAXLAND

CATHY O’TOOLE
MEMBER FOR HERBET

GENEX NAIF LOAN ANNOUNCED - AT LAST!

After more than three years of funding nothing in North Queensland, the Northern Australia Infrastructure Facility has finally announced its first investment decision.

Labor welcomes the announcement of funding for the Genex Kidston Solar Pumped Hydro Project. It will create jobs and boost energy supply to help put downward pressure on power prices for North Queensland.

But the question remains - what took Turnbull so bloody long? Cathy O’Toole and Labor have been calling on the Government to fund this project for almost 12 months.

There are almost 10,000 unemployed people in Townsville who have been waiting more than three years for Turnbull to deliver one project from the NAIF in North Queensland.

Turnbull needs to pull his finger out and make sure that it doesn’t take another three years to fund the next project.

We hope that this is the first of many projects to be announced in North Queensland.

WEDNESDAY, 20 JUNE 2018

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