The cost of building and maintaining Queensland’s water infrastructure has blown out by at least $6.5 billion on Labor’s watch.
Shockingly, Labor never told Queenslanders about these cost escalations before the election.
Almost half of the increase comes from the cost of rebuilding Paradise Dam, which Labor grossly underestimated.
Rebuilding the project will now cost at minimum $4.4 billion, well ahead of the former Labor Government’s $1.2 billion estimate.
New departmental analysis of 11 key water infrastructure projects has revealed at least $6.5 billion in blow outs, including:
Minister for Water Ann Leahy will meet with Bundaberg irrigators today to reaffirm the LNP Government’s commitment to the Paradise Dam project.
"The Crisafulli Government will always be open and transparent about infrastructure costings – and to be very clear – we will deliver Paradise Dam as we promised” Minister Leahy said.
“Labor knew the cost of rebuilding Paradise Dam had exploded yet they kept the truth from Queenslanders.
“Instead of allocating money in the budget to progress this project, Labor was drawing up plans for state owned service stations and free lunches.”
Treasurer David Janetzki said Labor’s fiscal mismanagement continued to put the budget under pressure.
“The former Labor Government should have been up front and told Queenslanders about these blow-outs,” Treasurer Janetzki said.
“Labor’s complete inability to manage the budget is why they have failed to properly deliver infrastructure projects and services for the past decade.
“Could you imagine the state Queensland would be in if Labor had been returned to power?”