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February

A flooded South Pine River, north of Brisbane, in January. The ICA says of the estimated 225,000 Australian homes in the highest flood risk locations, only 23pc have flood cover.

Insurers call for $30b flood defence fund to protect properties

After Peter Dutton said he wanted to break up insurers, the industry wants to partner with governments to strengthen infrastructure and relocate the most vulnerable buildings.

QIC acquired Pacific Energy (whose project is pictured) in December 2019 for its global infrastructure unit.

QIC’s remote power player Pacific Energy seeks growth capital

QIC is in the final stages of securing a sizeable equity injection for Perth-based Pacific Energy, which it plucked off the ASX boards in 2019 for about $420 million.

January

After 3½ years of bickering, it’s crunch time for Brisbane Olympics

Amid competing plans and multibillion-dollar price tags, the premier will now decide on the Olympic stadium – with implications for cricket, the AFL and beyond.

September 2024

Star Entertainment has held talks with regulators, lenders and investors for nearly two weeks. It is seeking short-term financial relief.

Queensland government set to hand Star Entertainment a tax lifeline

Street Talk understands the state government has agreed to morph Star’s looming tax bill into a Treasury loan.

August 2024

Rio Tinto and Queensland strike huge aluminium rescue pact

Taxpayers may spend hundreds of millions of dollars keeping the Boyne aluminium smelter open until 2040 under a deal struck by Rio and the Queensland government.

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July 2024

Thames Water has been under significant financial strain, with its largest shareholder writing down the value of its stake to zero.

QIC coy on Thames Water stake as utility drowns in debt

The state-backed asset manager has not marked down its valuation of the embattled London investment, despite its largest shareholder writing it off entirely.

Zinc from the Century Mine in north Queensland is at the centre of the stoush.

Zinc miner’s $30m deductions claim sinks in royalties stoush

Queensland Supreme Court rejects attempts to claim expenses for managing a transport vessel – before a management agreement started.

June 2024

Queensland budget

Winners and losers in the Queensland budget

An $11.2 billion spending spree on cost-of-living relief has showered Queenslanders with discounts for public transport and electricity bills.

Patrick Farrugia.

Gold Coast prequel to Star’s Hard Rock overture

A storm erupted last month about Hard Rock’s ties to a deal for casino operator Star. This was not the first time such perplexity had emerged, it can be revealed.

May 2024

Jackie Trad (right) was former Queensland premier Annastacia Palaszczuk’s deputy for years.

Qld corruption watchdog overhaul ‘will not please all’

A review of Queensland corruption watchdog paves the way for some details of a report into former deputy premier Jackie Trad to be released, but not any criticism of her behaviour.

Miner Glencore has blasted the Queensland government’s decision to reject the carbon capture storage project.

Furious Glencore slams Qld knockback of emissions project

The mining giant has blasted the state government’s decision to reject the carbon capture storage project amid growing pressure from Queensland’s ambitious targets.

Qld’s 50¢ bus fares are a desperate political gimmick

Cutting public transport fares to 50¢ is another ratcheting up of a fiscally irresponsible political culture that expects governments to endlessly buy votes.

A crowd of about 30 to 40 men in CFMEU-branded clothing at the Centenary Bridge Upgrade site on May 14.

CFMEU blockade ‘drives up costs’ on state project

An allegedly illegal CFMEU blockade has cost a Queensland infrastructure project $300,000 and will cause weeks of delays, according to the principal contractor.

March 2024

Defining legacy: Brisbane’s messy path to the Olympics

It will be a long haul to transform the QEII stadium to Olympic standard. That’s just one of the hurdles for Queensland.

February 2024

ANZ CEO Shayne Elliott says Suncorp is a “natural fit” for the bank.

Bankers dust off ANZ options ahead of tribunal decision

Australia’s Competition Tribunal will decide the fate of the $4.9 billion deal on Tuesday,

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The C4 unit at Callide power station in Queensland blew up in May 2021.

$300m insurance claim goes boom after power station explosion

CS Energy, which maintains it could not have foreseen a power station explosion, says insurers haven’t paid up claims yet. So it’s off to court.

January 2024

Czech entrepreneur and investor Pavel Tykač.

Czech coal baron wins special investigation into Callide C failures

Pavel Tykac has won a legal battle to set up a special investigation into the “catastrophic failures” at the Callide C power station.

Annastacia Palaszczuk finished up as Inala MP on December 31 following her shock resignation weeks earlier as premier after almost nine years in the top job.

Byelection date set for former Qld premier’s seat

Premier Steven Miles says the byelection will be held on March 16 to coincide with local government elections.

Czech entrepreneur and investor Pavel Tykač.

Czech coal baron slams Queensland government ahead of legal showdown

Pavel Tykac wants a separate investigation into the failures at the coal-fired station which caused mass blackouts.

December 2023

Annastacia Palaszczuk composes herself after becoming emotional while announcing her resignation.

Palaszczuk goes before she was pushed as polls slump

Queensland Premier Annastacia Palaszczuk has resigned after nearly nine years as leader, amid fears her government was headed for a defeat at next October’s election.

Original URL: https://www.afr.com/topic/queensland-government-jc8