Priority No. 1: Reclaiming our AAA Credit Rating

Tuesday, 15 June 2010

The number one priority for the State Opposition is to see Queensland regain its AAA credit rating.

The Government’s mismanagement of the economy, refusal to listen to warnings from the financial markets and failure to put in place a debt repayment strategy saw Queensland stripped of its AAA credit rating.

That decision alone is costing taxpayers $1.2 billion in extra interest payments. Amongst the 40 pages of goals for Cabinet Ministers, this State Government never once listed reclaiming our credit rating as a priority.