Mothballed Units Blamed For Power Hike
…even properly representing the QCA’s report.” Dr Worringham said Mr McArdle should be celebrating Powerlink’s deferral of a planned 500kV transmission line to serve Brisbane. “This $400 million saving is…
Stanwell Sale Decision ‘Won’t Be Taken Lightly’
…the briefing: The sale of Ergon, Energex and Powerlink were “off the table irrespective of Costello’s recommendations”. The Queensland economy still faces major challenges. “How do we pay down the…
Union Poll Rejects Asset Sales
…of the Commission of Audit report by Peter Costello which reportedly has recommended that Queensland’s publicly owned energy assets – including Stanwell, Ergon Energy and Powerlink – be sold off…
Unions Angered By Sell-Off Plan
…that Queensland’s publicly owned energy assets – including Stanwell, Ergon Energy and Powerlink – be sold off to help restore the State’s AAA credit rating. Peter Costello, head of the…
McArdle Blames Federal
Government For Power Debts
…McArdle said the debt levels of Powerlink, Ergon and Energex have increased from $6.1 billion in 2005/06 to $12.6 billion in 2010/11. He said the Federal Government’s underfunding of the…
State Won’t Step In To Save Jobs
…end result – that doesn’t mean the State Government doesn’t care.” Mr McArdle also again stressed that the State Government would not privatise Stanwell, Ergon, Energex or Powerlink without “a…
