Mayor endorses government assets sale plan

Noel Playford
Noel Playford

NOOSA Mayor Noel Playford has praised the state budget as courageous, given the reaction to asset sales under Labor - but said it needed to be.

Mr Playford said the issue must be tackled if Queensland was to regain its Triple A credit rating and reduce the huge amount of interest it paid on borrowings.

"Queensland's finances were heading to be out of control," Mr Playford said.

"I'm pleased they're going to have a go at fixing the problem."

Treasurer Tim Nicholls has announced plans to sell, lease or open to private investment $33 billion in state assets, but will take the policy to the next election due by March, 2015.

Mr Playford said the market had spoken when Queensland lost its Triple A credit rating, saying it was incomprehensible given sov-ereign governments had the capacity to set taxes and charges.

"I was disgusted in the performance that produced that result," he said.

"They may suffer a backlash but they'll get full marks from me."

Mr Playford questioned whether the a government needed to own anything, pointing out there was no longer government involvement in things like banks.

He said governments should only intervene where markets failed.

"Otherwise governments should stick to looking after the disadvantaged and matters it needs to control."


SUNSHINE Coast councillors have met with local Members of Parliament in Brisbane to continue to press for key policy objectives.

Mayor Mark Jamieson used the gathering, the fifth of its kind since he introduced the Sunshine Coast First forum last year, to explain details of the new Sunshine Coast Futures Board.

"It was well received, given the calibre of the members," Mr Jamieson said.

"They will make the right connections and help attract investment."

Federal government representatives were missing from the gathering because Parliament was sitting in Canberra.

Topics:  noel playford noosa council state budget

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