Labor went broke in the last mining boom and would waste the next

The tired, 20 year old Labor Government went broke in the last mining boom and would waste the next one, the State Opposition said today.

Deputy Opposition Leader Tim Nicholls said Labor has had 20 years to develop a ‘Royalties for the Regions’ program and their announcement today on the eve of an election was a panicked reaction to the LNP’s announcement.

“Regional communities have suffered because Labor wasted the money from the last mining boom on a $7 billion water grid white elephant in south-east Queensland, a $220 million health payroll debacle and a Central Queensland clean coal project that went bust,” he said.

“After racking up $85 billion debt, losing the state’s AAA credit rating and selling off state assets during the last mining boom, Labor just can’t be trusted to spend the proceeds of the next boom wisely.”

Mr Nicholls said Labor’s commitment still fell well short of the funds needed to assist regional communities, and fell well short of the LNP’s commitment which was so far up to $455 million over four years, with an ongoing commitment of $200 million a year.

“An LNP Government will invest in three key Royalties for the Regions initiatives to benefit communities in resource regions – our Resource Community Building Fund, our Roads to Resources program and our Floodplain Security investment scheme,” he said.

“The LNP’s initiatives will deliver improved social infrastructure like health, education and sporting facilities, improve roads and ensure money is invested in flood mitigation work like levees and bypasses.

“Labor didn’t have a plan for GPS tracking of sex offenders until the LNP announced it. Labor didn’t have a plan to reform water utilities until the LNP announced it. Labor didn’t have a plan for a major crime squad until the LNP announced it.

“Now after 20 years in power and a day after the LNP announced a ‘Royalties for the Regions’ plan, Labor have become converts on the road to Mackay.

“The tired, 20 year old Labor Government is a broken record and the song is always the same – distractions, waste, broken promises and scandals.

“It’s time to change the broken record.

“Only an LNP Government will cut the waste and grow a strong four pillar economy to get Queensland back on track.”