Regional Queensland wins with Royalties for the Regions announcement

Royalties for the Regions will ensure that people in regional Queensland benefit from Queensland’s wealth and income generated from their hard work and abundant resources, LNP candidate for Mulgrave said today.

“This groundbreaking initiative announced by LNP leader, Campbell Newman today will ensure that Queensland regions, including the Far North, that host major resource developments will receive real, long term royalty benefits through better planning and targeted infrastructure investment,” Mrs Quick said. “This will end Labor’s neglect and give back to the regions that produce resource and mineral wealth.”

“This initiative will be in three parts, Resource Community Building Fund, our Roads to Resources program and a Floodplain Security investment scheme,” Mrs Quick said.

“The Resource Community Building Fund will deliver improved social infrastructure, such a supplementary health and education facilities, community centres and sporting facilities. This will mean an investment in Far North Queensland’s future well-being and lifestyle as well as the present,” Mrs Quick said.

“Our Roads to Resources program will enhance the safety, connectivity and capacity of roads servicing resource communities and include upgrades to critical sections of highways and key Development Roads. Projects such as overtaking lanes, shoulder sealing, bridge and culvert restoration, pavement rehabilitation and flood mitigation works will be targeted. This will complement our commitment announced today to deliver $1 billion to rebuild the Bruce Highway over the next ten years,” Mrs Quick said.

“The Floodplain Security scheme will be designed to protect Queensland communities for the devastation of flooding,” Mrs Quick said.

“At last, the LNP’s statutory regional planning framework will allow industry, local councils and communities to make a strong contribution so that projects best match community needs and aspiration. For too long, Far North Queenslanders have been told what to do, when to it and how to do it, whether they like it or not. That heavy handed centralist approach will end under an LNP Government,” Mrs Quick said.

“Royalties for the Regions will invest $170 million over the next four years, growing to an annual ongoing $100 million a year fund. This will ensure that the Far North and other resource regions in regional Queensland will benefit from the best possible infrastructure outcomes,” Mrs Quick said.