PM Transcripts

Transcripts from the Prime Ministers of Australia

Gorton, John

Period of Service: 10/01/1968 - 10/03/1971
Release Date:
26/02/1970
Release Type:
Media Release
Transcript ID:
2192
Document:
00002192.pdf 1 Page(s)
Released by:
  • Gorton, John Grey
CENTRAL QUEENSLAND POWER HOUSE

FOR PRESS P. M. No 35/ 1970
CENTRAL QUEENSLAND POWER HOUSE
The Prime Minister and the Premier of Queensland today
issued the following statement:-
" Last September the Prime Minister announced the Commonwealth
Government's willingness to help finance a proposed power house
in Central Queensland.
It was believed that the establishment of this power house would
attract very significant industrial development to the Gladstone
area.
At the time of the announcement the Commonwealth said that
it was prepared to lend up to $ 80 million for that part of the
power station which would meet the initial needs of that
industrial development.
Final arrangements for this loan have now been made
between the two Governments and officers will meet next
week to draw up an agreement for the provision of the finance.
Legislation will be introduced as soon as possible thereafter".
CANBERRA 26 February 1970

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