On Friday, 3 November, Queensland Premier Annastacia Palaszczuk dropped what sounded like a bombshell. Palaszczuk, at the tail of the first week of a desperate re-election campaign, said she would veto a $1 billion loan to Adani from the federal government’s Northern Australia Infrastructure Facility (NAIF) after it emerged that her partner, Shaun Drabsch, had assisted the Indian conglomerate’s application for the loan in his role as a director for PwC.
Palaszczuk said she was acting to remove any perception of conflict of interest over the loan, intended to fund the construction of a rail line from Adani’s proposed Carmichael coal mine to its terminal at Abbot Point, north of Bowen. The response was immediate. The next day’s Courier-Mail went with a screaming headline: “Mine shaft”. Queensland’s only statewide newspaper claimed thousands of jobs were at risk.
It’s a well-worn trope. The newspaper has long followed the Adani line that as many as 10,000 jobs would be created by the mine, despite the group’s expert witness, Jerome Fahrer, admitting in court in 2015 that the number was fewer than 1500. Buried at the bottom of the copy was an admission: under the caretaker convention, Palaszczuk needed the support of opposition leader Tim Nicholls to veto the loan.… Read more..