{"id":33226,"date":"2013-05-14T21:28:51","date_gmt":"2013-05-14T11:28:51","guid":{"rendered":"http:\/\/southburnett.com.au\/news2\/?p=33226"},"modified":"2020-12-18T14:26:11","modified_gmt":"2020-12-18T04:26:11","slug":"it-doesnt-matter-who-owns-us","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2013\/05\/14\/it-doesnt-matter-who-owns-us\/","title":{"rendered":"‘It Doesn’t Matter Who Owns Us’"},"content":{"rendered":"
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Stanwell CEO Richard Van Breda, Executive General Manager (Business Services) Jenny Gregg, and\u00a0Power Station Site Manager Dennis Franklin<\/figcaption><\/figure>\n
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Rod Steele (Kingaroy Chamber of Commerce) and\u00a0soon-to-retire Stanwell General Manager Mining Operations Bob Rutten; Mr Rutten was presented with a card signed by the visitors<\/figcaption><\/figure>\n

May 14, 2013<\/strong><\/p>\n

Local businesspeople, council representatives and other community leaders were invited “behind the fence” at the Meandu coal mine this morning to hear an update on operations by Stanwell Corporation representatives.<\/p>\n

Stanwell CEO\u00a0Richard Van Breda immediately tackled the controversial “Commission of Audit” (COA) recommendation presented to the State Government last month that Stanwell, which is a government-owned corporation, should be privatised.<\/p>\n

“It doesn’t matter who owns us,” he said. “It is really about making this business productive and efficient and continuing to do the good work we do in the community.”<\/p>\n

However Mr Van Breda did not support another COA recommendation that Stanwell’s coal interests be sold.<\/p>\n

“The only reason we are profitable is because we have another revenue stream so the last thing we want to to do is give it up,” he said.<\/p>\n

Mr Van Breda said the challenge for Stanwell was to “look at the way we do things and to do them better”.<\/p>\n

The challenges that Stanwell faced were the same as when the decision was made to mothball two power generating units at Tarong, ie:<\/p>\n