Why is Queensland on track to deliver a better set of numbers?

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20 August 19, 6:48pm A warm thanks to @SantosGLNG for hosting an informative tour of #natgas operations for @DNRMEmediaQld and @APPEALtd… https://t.co/4oa8baEEJk
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by APPEALtd
20 August 19, 4:22pm Impressive to visit a 1200 hectare plantation of 1.3 million Chinchilla White Gums near Injune, #Queensland as part… https://t.co/fqSnIfhopS
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by APPEALtd
20 August 19, 11:04am Visiting the picturesque Arcadia Valley in the Central Highlands region of #Queensland as part of an #oilandgas tou… https://t.co/9cTblkv5re
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by APPEALtd
14 August 19, 4:49pm CEO @sententia_gas interviewed by @MikeySlezak from @abc730 about Australia's #natgas sector working with governmen… https://t.co/nB9e0RbBxR
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by APPEALtd

Imagine Queensland’s economy without 40,000 jobs and a $70 billion investment in natural gas projects.

It’s a scenario too depressing to think about.

Thankfully this week’s Queensland budget, handed down by Treasurer Tim Nicholls, shows the considerable value of growing a vibrant natural gas industry that creates jobs and encourages investment.

The following comment from the Treasurer is worth framing:

In 2015-16, the ramp up in LNG production is expected to underpin a surge in exports which, combined with an improved domestic economy, is forecast to boost economic growth to an 11-year high of around six per cent. This will be the highest in the nation.

(Budget speech June 3, 2014)

However, a sound economic future is by no means certain as rising productivity costs and increased competition from LNG suppliers overseas threatens future investment in our industry.

Congratulate the Treasurer on his recognition of the importance of natural gas to Qld.

Send a message

Regards,

Paul Fennelly

APPEA Chief Operating Officer, Eastern Australia

 


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