MARKETS

Qld seeks $1B for better building

FLOOD-affected Queensland councils have applied for nearly $1 billion worth of betterment funds t...

Staff Reporter
Qld seeks $1B for better building

Community Recovery and Resilience Minister David Crisafulli said applications from more than 48 councils proved the $80 million joint federal/state fund fell well short of the mark.

Crisafulli vowed to continue lobbying the federal government and Opposition to raise the Queensland government’s preferred $200 million funding pool.

"The strong interest from councils has confirmed what I expected, which is that they have been frustrated going through the motions replacing ‘like-for-like’ only to see it washed away the next time it floods," Crisafulli said.

"While you will never completely flood-proof a state as big and diverse as Queensland, I know that stronger assets this time around will ensure the recovery bill will be reduced the next time disaster strikes.”

The projects predominantly relate to stronger roads and drainage, but other infrastructure such as water and sewage treatment plants, bridges and culverts have also been forwarded.

Several councils also submitted additional requests totalling nearly $400 million to fund upgrades to state government assets, such as thoroughfares.

"While the federal government has ruled state assets ineligible, the submissions prove that, in many cases, councils see these as their No.1 priority," Crisafulli said.

"I’ll be working to convince the federal government to put these upgrades on the table."

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production