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Adani’s failed loan bid could spell trouble for Aurizon in Galilee Basin (ABC)

Adani’s bid for a $1 billion taxpayer-funded loan may have been doomed even before it was scuppered by Queensland’s Palaszczuk Government according to the Government’s main economic advisory body, the Productivity Commission.

It’s suggested Adani’s proposed Galilee Basin rail line faced rejection by the Northern Australia Infrastructure Facility because it may have failed key hurdles.

This raises the prospect that the same fate awaits a loan bid by Aurizon, which wants to open up the Galilee for Adani and others with taxpayer help.

Audio (Duration: 3min 4sec)
Broadcast: Fri 5 Jan 2018, 6:51pm

Featured:

Josh Robertson, ABC reporter
David Barnden, EJA lawyer

 

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