The private part of the partnership buys the rights to the system for 24 years for $1.5 Bn, and then allows Queensland Rail to use it for a payment over the same period of $2.4 Bn, plus another $2.4 Bn for maintenance.
Tagged: Jackie Trad
Queensland budget: thank your kids, they’ll be paying
Speaking for my generation, I "like" this budget. No chance we’ll have to pay for the benefits. The bill is being passed on to the next generation.
Coal royalty windfall should be invested in debt reduction
Commodity prices are a cyclical game, and the state treasurer should bank them in good financial management, rather than squandering them as though they are recurring revenues.