State asset leasing put to cabinet this week

THE State Government will present its finalised Strong Choices plan to cabinet this week, including policies to lease assets.

Premier Campbell Newman and Treasurer Tim Nicholls today put the finishing touches to the plan which will be presented on Tuesday.

The Premier said it was a momentous decision for Queensland.


“Following Cabinet, there will be a special Party Room meeting where Government MPs will have the chance to consider and vote on the plan,” he said.

“We’ve listened to Queenslanders and redrafted the plan to address concerns about control of State assets.

“Under the plan we are taking to Cabinet there will be no sales of assets, only long-term leases.”

The asset leasing arrangements are designed to raise revenue to address Queensland’s approximate $80 billion debt.