Government may fund coal projects in northern Australia

The $5 billion budget package to develop infrastructure in the region aims to boost economic activity through funding at cheap interest rates.  The federal government mayuse this to  finance huge coal projects in Queensland’s Galilee Basin.  Why should mining magnates like Gina Rinehart and Clive Palmer get taxpayer-funded handouts to suck up Queensland’s water for their climate-destroying mines, when we’re in terrible drought and facing El Niño?

The Guardian: 15 May 2015
http://www.theguardian.com/environment/2015/may/15/government-refuses-to-rule-out-financing-coal-projects-across-northern-australia

Category: OzPolitics
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