https://i0.wp.com/www.malcolmrobertsqld.com.au/wp-content/uploads/2025/01/ausdAY_BBQ_events-graphics.jpg?fit=1080%2C1080&ssl=110801080Senator Malcolm Robertshttps://www.malcolmrobertsqld.com.au/wp-content/uploads/2020/04/One-Nation-Logo1-300x150.pngSenator Malcolm Roberts2025-01-16 15:29:572025-01-16 15:30:37Join Us for an Australia Day BBQ
How much has your insurance increased? For some, insurance costs have increased by as much as ten times. While many insurance companies operate under Australian brands, they are actually controlled by foreign multinational investment funds like BlackRock, Vanguard, State Street, and Goldman Sachs. These foreign entities influence our government to push climate change propaganda, which they then use as an excuse to drastically increase insurance premiums.
Only One Nation can be trusted to say no to the foreign corporate cartel, ensuring more affordable insurance for Australians.
Transcript
My question is to the Minister representing the Minister for Financial Services, Senator Gallagher. Minister, Australians opening insurance renewals have been falling off their chairs. Brendan O’Malley from the Courier Mail reported in September that a homeowner on Cheviot Street in Brisbane had their insurance bill increase from $3,000 to $32,000 a year—more than 10 times. Queensland’s Suncorp Bank profited $379 million last year, while Suncorp Bank’s insurance division made a whopping $1.2 billion profit, more than triple that of their banking business. Why is your government letting insurance companies rob Queenslanders?
Senator GALLAGHER: I don’t accept the proposition that Senator Roberts has put as part of his question. But I do accept and understand that insurance affordability is a real issue for Australian households and businesses, and it is something that the government is concerned about. You see in the inflation data that one of the big drivers of inflation is the costs around insurance. There are a number of reasons insurance premiums have increased in the last 12 months—it’s due to a range of factors—but I think Senator McAllister was talking about this earlier in the week. There have been more frequent and more intense hazard events, price inflation is making it more expensive to repair damages, and there is the global distribution of risk by reinsurers, which are having to cover the costs of earthquakes in New Zealand and hurricanes in Florida—that all has an impact on costs here. The government has established an Insurance Affordability and Natural Hazards Risk Reduction Taskforce within PM C to address the impacts of climate change and inflationary pressures that are driving up the cost of insurance. We are looking at what further steps the government can take, working with industry and stakeholders through the taskforce, including some things the insurers always raise this with me: risk mitigation, land use planning and other near-term opportunities to address affordability.
The PRESIDENT: Senator Roberts, first supplementary?
That insurance bill that I talked about before went up because Brisbane City Council published new climate scaremongering flood maps. The street never had a problem with flooding yet was included in a new zone marked for a one-in-2,000-year climate change doomsday flood. Minister, why are you letting insurance companies use baseless climate change scaremongering as an excuse to gouge billions at the expense of Queenslanders?
Senator GALLAGHER: As I said in my previous answer, there are a range of drivers impacting on the cost of insurance. Some of it is around local hazardous events that we’ve had, including floods, and including floods in Brisbane and other areas of Queensland. But there are other reasons, like price inflation and like the reinsurance market, which is being affected by those big, global natural disasters that we’ve been seeing. Some would say—and I would say—these are caused by climate change. I accept that you might not agree with that. In relation to land use planning, that has been subject to a number of inquiries and reviews post the flooding, particularly in areas like Brisbane. Land use planning zoning maps have changed to reflect some of the risk associated with that, and that would feed into premiums not just in Queensland but around the country.
The PRESIDENT: Senator Roberts, second supplementary?
Foreign insurance companies own these insurance companies in Australia. Foreign multinational, global wealth funds and corporates like BlackRock, Vanguard, State Street and Goldman Sachs are the largest and control shareholders. Insurance is expensive, and the money goes overseas. Minister, why aren’t you doing anything to stop these insurance companies gouging Queenslanders and sending the profits overseas to multinational, global investors?
Senator GALLAGHER: Certainly, I’ve already alluded to the fact of global distribution of risk by reinsurers. You talk about them. The global reinsurers affect the price of insurance here, as they do in other countries around the world. But I do not accept that we are not taking any action. We have established this taskforce to look at what further steps we can take to build on existing work, including in areas like risk mitigation and land use planning, as well as other steps to deal with some of these affordability challenges. This is a challenge not just in Queensland but around the country.
Inland Rail is a crucial project for Australia’s future and for the viability of the national highway network. As our population grows, the road network will become increasingly congested with large trucks. Creating an inland rail link between Melbourne and Brisbane will remove hundreds of thousands of truck movements off the road, while providing safer and faster freight transit.
Inland Rail has been problematic from the start due to the LNP Government’s decision to use a route (an alignment) that favoured certain landholders, airport owners, and port owners – in other words party donors. To please these interest groups, Inland Rail was designed to cross the Condamine River floodplain east of Millmerran before going across to Toowoomba, then down the range into Brisbane, with the The Port of Brisbane being the primary export port.
This route is patently stupid for several reasons. Crossing the Condamine floodplain is not technically feasible. The embankment necessary is located on about 30 m depth of clay, which becomes waterlogged and soft with a rain event known to occur, on average, every two years. Running a 40,000 tonne train across soft ground is unsafe. Even a few days of rain will require speeds to be slowed to 40 km/h, causing shipment delays, higher cost and destroying agriculture in the region through frequent flooding as flood water builds up behind the embankment.
Have we learnt nothing form the MITEZ rail link, which was also built across a floodplain and has been a drain on taxpayers ever since.
The second reason is because the Brisbane rail network is close to capacity and the corridor is constrained, meaning extra lines can’t be added. By the time trains are running along Inland Rail, there will be no slots left to bring the freight to the port. This is why there is now an insane suggestion to build a 60 km TUNNEL under Brisbane to bring the freight through.
You think cross-river rail is a disaster? This project is ten times the length, and should be ten times the cost = $60 billion – just for the tunnel. And remember, this is all taxpayer’s money that will never be repaid from rail revenue.
One Nation supports directing Inland Rail to the Port of Gladstone, where a modern container facility is currently under construction. This would require the alignment to turn north before Millmerran and head up to Dalby, with Wellcamp Airport and Brisbane freight coming back to the existing line, something that will be no slower because of the higher speeds available on this alignment.
Port of Gladstone is best located, cheaper and more efficient than Brisbane, with room to grow. The best news of all – the Millmerran to Port of Gladstone route has a strong advocate with IPG and is already holding offers of finance from infrastructure investment funds.
One Nation’s solution means no public money and a smarter route. ALP/LNP means $60 billion of taxpayers money for a slower, unreliable and more costly option.
Transcript
Senator ROBERTS: Thank you for appearing tonight. Where is the Inland Rail missing link at—Narromine to Narrabri? Where is that?
Mr Miller: I can update you on that. The Narromine to Narrabri section has completed all its planning approvals, so the primary planning approvals both at a state level and at a federal level have been granted. We are in a process of voluntary land acquisition. To date, on the section, we’ve completed around 23 per cent of the land acquisition through the alignment. We’re in the process of leading to some preliminary design contracts to inform us around scope, schedule and engineering design. And we’ve commenced the Pilliga revocation process through the Pilliga forest, with the New South Wales government. So it’s tracking well.
Senator ROBERTS: Have any of the Queensland sections of Inland Rail started construction?
Mr Miller: They haven’t started construction, Senator. We’re still in the planning processes in Queensland. Importantly, for the very significant section from the New South Wales-Queensland border to Gowrie, the final i’s have been dotted and t’s are being crossed in relation to the EIS submission. We expect to lodge that with the office of the Coordinator-General during November, and it will be up to the Coordinator-General as to the public exhibition, which we would hope would be underway this side of Christmas.
Senator ROBERTS: Has the ARTC been contacted by the PortConnex consortium, who are wanting to build their 60-kilometre tunnel under Brisbane?
Mr Miller: I have met with Martin Albrecht and his team. Importantly, we’ve got a very clear scope within Inland Rail, so it was really to inform that connection group as to where Inland Rail was at for their planning processes, and they informed us as to their program of a 60-kilometre tunnel with the electric train model. But, essentially, our scope of work does not include that, and we continue with the primary planning approvals from Gowrie to Kagaru.
Senator ROBERTS: Have you seen a business case, an environmental study and engineering details? We feel the cost for Inland Rail is undercooked and the economic benefits overstated.
Mr Miller: Could I clarify—are you referring to the alternate route 60-kilometre tunnel for $7 billion?
Senator ROBERTS: Yes.
Mr Miller: I’ve not seen their business case, no.
Senator ROBERTS: What about the whole Inland Rail? Has the business case been developed?
Mr Miller: The business case was developed some years ago, prior to my time.
Senator ROBERTS: Have you checked it?
Mr Miller: As the department outlined today, one of the recommendations under the Kerry Schott review was to have a verification process. The department has just recently appointed an entity to assist with that verification process, and they’re commencing works this month to verify both the cost and schedule that Inland Rail has developed internally.
Senator ROBERTS: Does the Inland Rail alignment still go across the Condamine flood plain? Have those engineering issues been resolved?
Mr Miller: We believe so. There has been extensive work around erosion velocities associated with those black soils. We’re about to commence embankment trials in that area to understand the shrink-swell characteristics and the erosive characteristics of those soils. We’ve had an international flood panel. The Queensland government and the Commonwealth did an independent review of the flood solutions. So we do believe that we have a solution for the Condamine.
Senator ROBERTS: Have you had contact with the I-PG, Inter-Port Global, led consortium offering to assist the Commonwealth government to build a forestry route alignment to Ducklo, then along the existing alignment to Dalby, with the Wellcamp and Brisbane freight route heading south-east and export freight heading north via Wandoan, Banana and on to the port of Gladstone?
Mr Miller: I’m aware of that proposal to Gladstone. I have not had engagement with that consortia. The reason, again, is it’s outside the scope of Inland Rail and the approved project works that the Commonwealth has outlined for our project.
Senator ROBERTS: There seem to be many benefits to that route. The cost of that route, which is mostly along either existing alignment or state government land, would not require tunnelling, would be faster and technically feasible, would not cross the Condamine flood plain and will attract private investment. Minister, why is the Albanese government not seriously looking at the I-PG consortium proposal?
Senator Chisholm: I’d have to take it on notice, Senator Roberts.
Senator ROBERTS: Mr Miller, with regard to the current project parameters that you’ve used, if there’s something attractive outside that, what would you do? What options do have?
Mr Miller: Essentially, we’ve got real clarity in terms of our current scope, but, in any engineering solution, we look at options. We look at the consideration of engineering optionality and impacts on communities. We have locked the alignment, essentially, and we’re going through an EIS process. We think that’s where it becomes critically important. The EIS environmental approval process is effectively working with the community and the stakeholders to come up with a solution with the least impacts for that area. Now, we understand that building a 1,650-kilometre rail alignment up the inland of Australia is going to have impacts. Our duty is to minimise those impacts and consult with stakeholders and communities, and through the EIS approval process is how we’re regulated, effectively, on the impacts.
Senator ROBERTS: As I understand it, there are many cost benefits to terminating the Inland Rail at Gladstone instead of Brisbane. There are many overall benefits to the nation in terms of the cost of freight coming into the country and in terms of port access. There is a huge amount of land available at Gladstone. There are many, many factors in favour of Gladstone, and there are many hairs on Brisbane.
Mr Johnson: We have met with the consortium from GreenLink, who are proposing and considering—
Senator ROBERTS: Who’s GreenLink?
Mr Johnson: GreenLink is the organisation you’re referring to, that you’re talking about—
Senator ROBERTS: I-PG?
Mr Johnson: Toowoomba to Gladstone. We have met with them, and, as they go through their relevant approvals and development of their own business case, we’ve committed to them to be able to provide them any input to the types of operational information that help them on their way, as we do for many adjoining infrastructure owners. Just to clarify, though, what is really clear, from both our position and what’s being proposed, is the discussion about how they leverage the backbone of what Inland Rail is and its connection at Toowoomba. It is not a replacement. That’s my understanding. Senator ROBERTS: What was the name of that company, again?
Mr Johnson: GreenLink.
Senator ROBERTS: Is there any connection with I-PG, Inter-Port Global?
Mr Johnson: Not that I’m aware of. I don’t know, sorry.
Senator ROBERTS: So you haven’t had connection with I-PG?
Allow me to offer my congratulations to the people of Queensland. We have freed ourselves from the inexcusable abuse perpetrated by Labor, first at the hands of ‘Queensland hospitals are only for Queenslanders’ Annastacia Palaszczuk and then from the self-proclaimed audition of Steve ‘Giggles’ Miles who governed under the impression that economic hardship and a rise of youth crime were some sort of laughing matter.
Falling back on the childish ‘free lunches’ campaign, stolen from the socialists of old, surely proved the cheap and insincere nature of our major parties.
How fitting to hear the dying screech of the Greens complaining that Mr Miles had nicked their lunches. Queenslanders have been watching Labor re-cycle the Greens’ bad ideas as criminals might launder dirty money.
https://i0.wp.com/www.malcolmrobertsqld.com.au/wp-content/uploads/2024/11/Spectator.jpg?fit=852%2C899&ssl=1899852Senator Malcolm Robertshttps://www.malcolmrobertsqld.com.au/wp-content/uploads/2020/04/One-Nation-Logo1-300x150.pngSenator Malcolm Roberts2024-11-04 16:40:202024-11-04 16:40:27Queensland: Free of Labor, But Not Yet Free
Meet Andrew Jackson, the One Nation Candidate for Gladstone! Join us for a FREE open forum to ask questions, share your thoughts and explore One Nation’s solutions to the key issues facing Queenslanders.
https://i0.wp.com/www.malcolmrobertsqld.com.au/wp-content/uploads/2024/10/Taryn_Maryborough_Sports_Club_Inc_10-18-2024_D1_V1.jpg?fit=1080%2C1080&ssl=110801080Senator Malcolm Robertshttps://www.malcolmrobertsqld.com.au/wp-content/uploads/2020/04/One-Nation-Logo1-300x150.pngSenator Malcolm Roberts2024-10-09 10:44:142024-10-09 10:44:25Join us in Maryborough
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Enjoy an evening with thought-provoking discussions and delicious food at the Gympie Sports Club.
This is a fantastic opportunity to chat with myself and Katy McCallum, ask questions and share your thoughts!
Join us for this paid event, which includes a delicious 3-course meal! Enjoy a selection of canapés, blini, tartlets, and sushi for starters. For the main course, choose between Beef Wellington or Mango Macadamia Chicken Filo, and finish off with a delightful Mango Macadamia Cheesecake.
I will be joining Wayne Ziebarth – One Nation for Scenic Rim – for an evening of discussion on issues that matter to you, your family and your community.
This is your chance to ask questions and share your thoughts!
If you plan on dining in, please book directly with the Bearded Dragon Hotel on (07) 5543 6888
Is Your Property at Risk? Find Out How Native Title and the Aboriginal Land Act Could Affect You!
15 Queensland Towns are under threat and the government is being secretive about the details. If ongoing legal actions by Indigenous groups and individuals succeed, over half of Queensland could be covered by native title claims. According to maps from the National Native Title Tribunal, nearly 600,000 square kilometres of the state have been claimed since 1994, following the High Court’s landmark Mabo decision that recognised native title.
Join us for a FREE COMMUNITY EVENT on this and other key issues that may impact you and your family. Meet the One Nation candidates for Morayfield and Pumicestone. Learn the facts, hear what we know and share your concerns in our Q&A!
“By changing nothing, nothing changes.” – Tony Robbins
https://i0.wp.com/www.malcolmrobertsqld.com.au/wp-content/uploads/2024/08/image.png?fit=1080%2C1080&ssl=110801080Senator Malcolm Robertshttps://www.malcolmrobertsqld.com.au/wp-content/uploads/2020/04/One-Nation-Logo1-300x150.pngSenator Malcolm Roberts2024-08-22 07:34:572024-08-22 07:41:19Caboolture: Free Community Forum