Qld Labor facing 'trainwreck' economic down turn | Sky News Australia

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The Queensland government's 'huge mountain of debt' will mean it will be in 'deep doo-doo' if commodity prices go down, according to Sky News host Campbell Newman. Credlin

The Queensland government's "huge mountain of debt" will mean it will be in "deep doo-doo" if commodity prices go down, according to Sky News host Campbell Newman.

The Queensland government is $91 billion in debt as Deputy Premier Jackie Trad uses the "pea and thimble trick" to offset huge public debt, Mr Newman told Sky News. He said the commodity industry has "propped up" the Queensland government as Ms Trad is "happy to take the royalties" despite 'not liking' the coal industry. Image: News Corp Australia

 

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CampbellNewman No political bias in this 'analysis'...

Totally agree

So true

100% right!

So true

Well said!!

Totally agree

So true

They are hopeless

And they want an expensive Olympic games? Ha ha ha. This govt is a joke.

It will then be able to shake hands with the Federal Government who are already there.

Qld labor has no idea on how to fix the economy here. It is time for a change. This is the worst performing state and labour is now clearly to blame.

amazing how everyone shoots the messenger (albeit a clown) but the real problem is $90billion in debt & who is in charge when she can't even look after her financial affairs at home jackietrad is an incompetent fool who has no regard for the Voter byebyeQldLabor byebyeJackie

LyleShelton Oh how long until we can kick them out

Who would have thought a Queensland Labor government would get it so wrong with industry and job's, politicians need to stop looking in the mirror and look at what they are doing to our great country......

LyleShelton Sadly this is not a surprise!

I would expect you would at least ask an expert, someone who knew what they were talking about, not what's his name Newman! 🙄

Olympic bid will reassure all is ok with our finances 😭🙈🙉🙊🥱

Report corruption to trad Oh not my jurisdiction No of course not you are part of the problem

Generational lows in interest rates, crumbling infrastructure, massive drought and weakening labour market. Yep the state should sit on its hands.

CampbellNewman Clearly meant for a non-Queensland audience as nobody here listens to a word one-term ‘Napoleon’ Newman says.

What do all socialist/Labor run states have in common? Did someone say huge debt?

Newman is not a credible source. qldpol takes no notice of him. This picture taken before he sacked 10,000 public servants including Hundreds of front line nurses. notcredible

Comments are hilarious, yep Campbell was a tossa, but the $91 million debt is a concern

Love being a Victorian. Led by labor in my state . Sky news trashy anti labor news channel . I did enjoy Foxtel and I just wouldn’t watch the sky news Propaganda channel. But now we have Paul Murray is wishing a merry Xmas on the other channels. Bye Foxtel , hello Netflix & Stan

Campbell who?

Newman is sucking his willee again.

A Labor Government what else would you expect?

He has a perfect record bought the government to its knees

Queensland’s already had a vote on Campbell Newman and his ideas about how to run the state. He got the boot. That should be the last we hear of him on the subject.

Newman would know a lot about trainwreck governments.

That would involve SA, where the Lib govt is steadily increasing debt, Rob Lucas saying ‘it’s in line with eastern states...’ I think you are just trawling for cheap lines.

Where were you when WA’s Liberal Government was mounting HUGE debt. So, so biased!

Is that One-Term Campbell?

That's why they want the Olympics

He lost the election that could not be lost 🤣🤣

Campbell Newman? That bloke is hardly the sharpest tack in the box.

The 2032 Olympic Games will sort the financial problem out 🤔

Campbell Newman knows a lot about train wrecks

Campbell who?

Labour states always go broke

Why do socialist govts always end up huge debt? Name one who hasn’t or didn’t.

Glad you brought up debt, labor left office with 257 billion debt, what is it today? 😂 😂 😂

Campbell Newman, Peta Credlin, what is it with Sky News? A respite home for 'D' grade ex politicians and their staff.

Campbell never has a bad word for anybody.

You mea TradWreck don’t you.

she looks like an honest girl

Campbell NEWMAN............haaaaahhhaaaaaahhhhaaaaaahaaaaaahhhhaaahhhhaaaaahhhhhaaaaaaa LMAO.

Campbell Newman? 🤣🤣🤣

yep & federal Gov too...

Who is he?

Well, if anyone knows about sending Queensland into deep doo-doo, it would be him.

campbell doodoo speaks

Simple solution - shut down all non essential government programs and services! Cut out all the junk funding and get people to understand budget control!! Zero new initiatives to be introduced

According to Campbell Newman, credibility NIL

Campbell-Newman the man who ruined business confidence in Qld and sent the economy into a partial recession there. TAFE Southbank may still own a pencil everything else is leased out.

Bed news when your interest payments are eating deep into your budget and the economy is retracting.... What could possibly go wrong? I know, do a cash ban. Once everyone is locked into the banking system do a bail-in like we setup in 2013 in Melbourne. I knew we had options! 😉

Why oh why are they trying for the Olympics if their finances are in such bad shape?

Yeah they don’t want to stop coal anytime soon ....$91 billion in debt

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