Queensland Treasurer Tim Nicholls
Queensland Treasurer Tim Nicholls Kari Bourne

Government needs to outline where state's headed: ETU

UNIONS have called for the State Government to release the final Costello Commission of Audit report after rumours of public asset sell-offs.

The concern follows a report in the Australian Financial Review that aid the audit, led by former treasurer Peter Costello, would recommend the privatisation of electricity generation and transmission assets.

Following the leak, Treasurer Tim Nicholls told ABC Radio it would not be surprising if the report, due to be handed to government next month, recommended better utilisation of Queensland's assets.

He said Queenslanders might ask if $300 million would have been better spent on education or health rather than keeping an electricity generator that continuously makes a loss.

The LNP Government's stance is no asset sales with a mandate from the public, a stand reiterated by the Premier Campbell Newman earlier this week.

Electrical Trades Union state secretary Peter Simpson said the government needed to clearly outline where the state was headed.

"The government is saying one thing and planning another," he said.

"During a Channel 7 interview just two days ago, the Premier said he was opposed to asset sales and, today, his Treasurer reveals he is planning just that. We call on the LNP to release the report and come clean with the Queensland public.

"We believe Queenslanders deserve to know where we are headed, given we have the highest unemployment in mainland Australia. We cannot afford to face further massive job cuts and economic downturn."

Mr Newman outlined earlier this week whatever Mr Costello's recommendations may be, the government would not go above the 14,000 job cuts it had already committed too.