Today the Federal Government has given the Aquis project "envirometal approval" and some business leaders are celebrating, What for, if you think that this mega structure will do anything for Cairns or the business houses then you are on the wrong planet he doesn't have the money.
It states that: The approval is subject to 13 “strict” conditions and will expire in 20 years if the development has not started.
The Federal Government has given them 20 years to commence the project with only 13 "strict" conditions, any other major project would have pages of strict conditions.
The talk of 20,000 jobs is a load of rubbish, also the infrastructure to support this project is not in place and we are talking about:
(1). Water... the existing water supply would be depleted within months if not before.
(2). Sewage works at present would not be capable of supporting this project.
(3). Electricity supply at present could not support this project.
This is what China wants and will probably get it and more:
Free Trade Agreement: China wants to send workers into Australia
Date :
| China's Premier Li Keqiang talks to Tony Abbott during the Prime Minister's visit to China |
An Australian Financial Review report says that the government is resisting the move and is seeking a way around the issue by targetting 457 visas towards projects that the Chinese want to build that require skills that cannot be obtained in Australia as it pushes to land a free trade deal with China at the Group of 20 meeting in November.
Chinese President Xi Jinping will attend the G20 meeting and it is believed that imported labour and investment remain the two obstacles in signing off on a deal.
Prime Minister Tony Abbott has already changed his previous opposition to Chinese state-owned businesses investing in Australia and signalled he would offer these enterprises special treatment by removing or changing the requirement that all investments have to be approved by the Foreign Investment Review Board.
A senior rural Coalition MP, who wished to remain anonymous, said the prospect of investment by Chinese state-owned enterprises could create concern among rural Coalition MPs. But Queensland Nationals MP Bruce Scott said the plan should be welcomed as investment was needed to boost jobs and the economy.
China will be offered the same conditions as South Korea and Japan, which will lift the FIRB threshold from $248 million to $1 billion for investment by a private company. As most Chinese companies are state-owned, Mr Abbott began prosecuting the case in Shanghai last week to allow SOE's to invest in Australia.
The government wants Chinese money, especially to develop new agricultural projects and build new infrastructure in the nation’s north.
A source said the Chinese were ''pushing pretty hard'' to allow them to bring in their own workers to build and, in some cases, operate such projects, especially in regional areas.
The government, keen not to cruel the FTA, is looking at other ways of appeasing the Chinese.
The 457 visa system is being reviewed by the government and one option would be to offer the Chinese 457 visas for specific projects, should the skills and labour not be available domestically.
Tony Fung take your project somewhere else like East Trinity, Yorkeys Knob is not the right place for it.
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