4CA - Queensland's Home for Fake News

4CA - Queensland's Home for Fake News
4CA - Queensland's Home for Fake News Led by John "Cueball" Mackenzie

12 November 2012

BRISBANE AIRPORT TUNNEL FINANCIAL COLLAPSE IMMINENT - THE SECRET TAX YOU PAY WITH YOUR SUPER WHILE LNP LAUGHS AT PUBLIC STUPIDITY

As predicted here just two weeks ago, BrisConnections shares have been halted on the ASX pending an announcement, the company warning of "adverse implications".  
Professor John Goldberg of Sydney has written a 24 page analysis of the BrisConnections "Airport Link" project, where he easily shows "skewed traffic forecasts, poor cash flow, and unmanageable debt" doom the project to bankruptcy.

Basically, a fraud was committed.  With the knowledge and acquiescence of the Bligh government and the Newman council.  Why aren't MP's screaming for a "Royal Commission"??

Dr. Goldberg, a senior researcher at the CSIRO for thirty years, accurately predicted the financial collapse of Sydney's Cross City and Lane Cove tunnel projects long before Joh Bjelke Newman committed Brisbane ratepayers and the superannuants across Australia to the multi-billion dollar debacle!  As well as Clem7, another Campbell Newman atrocity.

Goldberg also accuses BrisConnections of a "demonstrably misleading" shareholder disclosure statement and categorically states "the public-private partnership concept has failed in Australia".  And while he calls for a warning to superannuation funds, it would seem the managers of many of these funds are in cahoots with the designers of these quasi-government projects at Macquarie Bank and others!

And while Newman and his predecessor Anna Bligh will claim "the taxpayer will not foot the bill", the fact is the public foots the bill in much lower returns on their superannuation investments.  Pushing more and more future retirees into poverty.  This is clearly organised crime by the governments across Australia - Newman and Bligh should be jailed, not praised. 

You've got to admit it's a great scam.  Steal the taxpayer's dosh from the money they've saved for their future, to build infrastructure the government won't finance properly. 

This is the model of "common sense finance" now being pushed by Bob "Sleepy" Manning and his council of misfits and mistakes.  

The HBW Blog proposes that no "public-private financial partnership" for the Entertainment Precinct, or any other Council infrastructure, be approved by this council without a full review by Dr. John Goldberg.

54 comments:

Anonymous said...

looks like the lnp are about to implode with the Dr Flegg affair to be detailed tomorrow king will be like the many public servants he enjoyed giving the flick and soon out of a job

Anonymous said...

Flegg, Caltabiano, Ros Bates all in the shit, Palmer suing the LNP, the stench of corruption and incompetence is everywhere.

I heard Rugnut describe Russ Hinze as some sort of genius the other day. I thought he was being sarcastic at first, but no, he meant it. Hinze personalized the greed, corruption and arrogance of the National Party. Tenni, despite all his claims to fame, was just a minor little minion, too insignificant and dumb to be aware of all the corruption going on right under his nose. Unless he was a part of it of course...

ruby said...

I agree whole heartedly, public-private partnerships have failed dismally in Australia. Manning has clearly indicated he is enamoured of the concept and is deaf to any warnings. His Unity Team Members are only there to raise their right hands, as they have so amply demonstrated. We can call for a review by Dr John Goldberg, as Hillbilly suggests, but it is doubtful Manning would even listen.

Jethro said...

Tenni was not a significant person within the Parliamentary National Party. He was, however a significant Joh arse-licker which is why Joh gave him a portfolio when most of the National Party were backing Mike Ahern to be Premier.

Anonymous said...

Here is a related article, seeing so much expert opinion was out there already against PPP (for roads especially) makes me shake my head they still choose this method.

http://inside.org.au/paying-for-australias-infrastructure-deficit/

I blame Newman more than Bligh because all my googles show LNP taking full credit when it opened :)

CEP was a brilliant plan and those that have cancelled it did so did so for their political advantage and not for the public interest. If any had any ethics they would return to it and apologise to the people of Cairns.

KitchenSlut said...

The taxpayer footed the bill more directly on this one given there was a substantial initial investment by QIC on behalf of Queenslanders .... which subsequently became somewhat controversial. QIC Chairman at the time Trevor Rowe was also Chair at BrisConnections.

Anonymous said...

Just read a great comment online-
"Help! does anyone know how to cancel an ebay bid?? I just made a bid for a Mickey Mouse outfit and now I am six minutes away from owning the Queensland LNP"
Love it.

Anonymous said...

Yes, those who sabotaged the Entertainment Precinct had only their own self-serving interests at heart. Instead of a regional facility available to all regional groups from choirs to eisteddfods, including a regional museum, we now have the boys club of Cairns running around rubbing their hands together talking about "an exclusive hotel catering for wealthy Asians", "an upmarket upscale restaurant", "cruise ships for the wealthy to dock in Cairns" and Double Island "for the Chinese wealthy". Just note how all the developments are being ear marked "for the wealthy". We heard all of this before, back in the 1990s when it all went bellyup and the fools learned that going for the "high end" of the tourist market doesn't pay off. The Casino in Cairns was supposed to have been for the "high end of the market" for example. Look at how that turned out? Greed, sheer naked greed is once again dragging Cairns down.

Gawain Bling, Dishonourable Member for Mackenzie said...

You're all so mean and cruel to me. I have always supported a public-private financial partnership to build a new performing arts theatre because it is the best way. I know plenty of good builders and architects here in Cairns and a PPS will ensure these locals get the job not some out of State organisation. The LNP keep a pristine Lobbyists Register not like the previous ALP Government, but then you lot would all believe that Graeme Hallett and the disgusting allegations he's made against Bruce Flegg wouldn't you? Well let me tell you Bruce Flegg is the most honest, straight forward decent person you would ever hope to meet. In fact I couldn't think of a more fit and proper person to be in Government. Then I see you're all wetting yourselves over Clive Palmer's temper tantrums.Clive is a very colourful man with a colourful way of expressing himself. I hold him in the highest regard and always remember to send him a birthday and christmas card as well as a bottle of the best mango wine and a crate of prawns. I don't know who this Goldberg character is. He sounds Jewish to me so he's probably a Labor dog. I wouldn't trust him let alone give him the time of day. Yes, dear John has gone and offed himself on a long, desperately needed bit of R & R but he will be back all refreshed and re-vitalised. We all miss him when he's gone. Well toodlepips for now. I'm organising my spot on the nard tomorrow morning for the eclipse.

Anonymous said...

gee 75 comments on king and his do nothing for Cairns what an endorsement of no confedence

Curtis said...

bleat bleat bleat

aaah, that feels better.

Anonymous said...

Does anyone else get the feeling that the CEP will never happen? Where is the money set aside by the Federal Govt (and that promised by the Bligh Govt) -is it sitting somewhere waiting for the Cairns Council to make up their minds what they are going to do with it? 16.19 anon has it right. we are all cursed by the idiots who thought it was a good idea to elect a bunch of locals who had no idea how to run a Council -a boys club with no ethics and lots of friends with their hands out for favours.

Anonymous said...

Thanks Gavin for bringing the eclipse to Cairns. What's next?

CBD Warrior said...

Hey, I liked that "thunderbolt" thing. Can't we do that again for a while?

Sure takes my mind off the important issues of the day.

Anonymous said...

That eclipse was bloody scary eh? The dog went to bed, the birds went to the nearest branch to roost, the street lights came on and my wife thought it was time to watch Home and Away. Good for a laugh tho eh!!

JETHRO said...

Greed has taken over Cairns alright. You can't read a single issue of The Cairns Post without someone talking about the "wealthy Chinese" or "the wealthy Asian". We're back to the 1990s again when the boys club reckoned Cairns was going to be the Australian "riviera" equivalent, teeming with the super rich and famous. When the late Peter Allen bought a house at Oak Beach, it was hailed as the beginning of exclusive suburbs and slavering developers gave interviews about suburbs of Cairns becoming like Malibu or Palm Springs blah blah. There followed a right royal tizzy about the need for "silver service" restaurants, more private airstrips, schools for nannys and servants (oh yes!!!!!).
Anonymous 08.41, the CEP is dead. If you read all the plans for "luxury hotels", "high end top market restaurants", "luxury cruisers with wealthy passengers" with all the emphasis on WEALTHY FOREIGNERS, you soon understand Manning, King and the boys club of Cairns have no interest in providing for the local population. They never have.
Anyone with commonsense would know that the city and its economy would fare much better having regular numbers of locals and North Queenslanders attending shows and World Collection Displays at an Entertainment Precinct, but greed has a peculiar habit of corrupting peoples' reasoning powers.

Tom Riddle said...

Anonymous 16.19, you are correct. All the emphasis in Cairns today is on attracting the wealthy. It's a shameless, servile scramble for the patronage of the newly rich Chinese and Asians. It is so bloody embarrassing in its tongue-hanging-out, hands-rubbing-together fawning approach.
The awful irony is the super rich won't have much to their tastes of a night life in Cairns, now Manning has successfully axed the Entertainment Precinct. I predict the super rich will once again avoid Cairns and once more look favourably at the Gold Coast.

ruby said...

Well said JETHRO. Yes, those of us who were here remember the hysteria generated by the greed merchants in the 1990s. I also recall some prick of a snot-sucking elitist talking loftily about how the TAFE should have a training school for butlers, chauffeurs, housemaids and nannys to "cater for the coming needs". In fact I think some idiot woman did set up a "Nanny" school locally.?? So here we go again, LETS DO THE TIME WARP AGAIN.....
Watch now how many people will jump on the "wealthy Asian" bandwaggon.

Anonymous said...

Sleepy (or is it Dopey?) Bob doesn't need to just look at the Australian failures of PPPs for guidance ... he and Gavin "Drunk Girls Are Asking to be Raped" King should take a look at the tremendous "success" of PPPs overseas. Here's just a few reports on their failures:

Take a look at Farum local government in Denmark. Farum is known for its radical use of NPM-reforms and PPP arrangements. Farum local government experienced a series of events in 2002 which is set to be the most spectacular scandal in the history of Danish public administration. The results so far in 2002: The mayor is expelled from office. Income tax for citizens will rise 3,2% in 2002. Farum is put under administration by the Danish Ministry of Interior and cannot decide its own economic fate. Several investigations have been launched, including a police investigation and a Parliamentary investigation.
http://busieco.samnet.sdu.dk/politics/nkk/papers/Papers/Carstengreve.pdf


A new report by the Public Service International Research Unit cautions the European Commission against enthusiastically endorsing public-private partnerships, contending that PPPs, as they are known, do not supplement public spending – they absorb it.
http://www.epsu.org/IMG/pdf/2010-03-PPPs_FINAL.pdf

According to the OECD, public-private partnerships have been increasingly used by governments around the world to finance and manage complex operations. Doubts about their efficiency have been raised. Criticism of public-private partnerships reflects the fact that governments tend to use them as "off-budget" operations, to avoid fiscal constraints. Do they generate "value for money" to the public sector? The literature is less than unanimous. How one assesses value for money in these types of arrangements has become extremely important for public managers.
http://www.keepeek.com/Digital-Asset-Management/oecd/governance/do-public-private-partnerships-create-value-for-money-for-the-public-sector-the-portuguese-experience_budget-10-5km8xx3fgws5

I'd encourage the Dopey Seven Unity Councillors to google "PPP failures" to start their research. We did!

Mick said...

So, Curtis, are you Mackenzie's replacement, or just practicing?

Anonymous said...

As the ship slowly sinks will the king rat jump 2 down 70 odd to go yee haa

shanghai said...

mate off the subject but ive made a killing this week off the eclipse and yet the ferals have to come back as well thanks to crc and cavein do it again year cant stay and bitch catch u next week after the tsusimai of chinks_ i mean chinese coming next week and ferals ps when i watched the eclipse it looked like robs big fat arse perfect view from airport only 20 workers around ... ha ha

Anonymous said...

Flegg is gone..who will be next ?

Ms Elly-May said...

Praise be, Flegg has resigned his portfolio. This sociopathic corrupt LNP monster turfed out old pensioners from caravan parks. Im glad his ex staff spilled the beans on him.

Bob R. said...

What??? The Dopey Seven Unity Councillors do their own research on PPPs??? You must be joking Anonymous 13.53.
If Bob says he supports a PPP, then so do all the Unity Councillors. They weren't put together as a "Unity" team to think for themselves. ALL FOR ONE AND ONE FOR ALL!
Their only function within CRC is to raise their right hand and say AYE when Bob wants them to. For this they are paid a very handsome salary.
None of them knows how to research anyway. Bob does all that for them.

Anonymous said...

We dont have to look at bloody Denmark to see the failures of PPPs. There's enough evidence of their public rorting in Australia. So dickhead old Bob goes ahead urged on by King to approve a PPPs to build a new performing arts theatre. The private contractor gets all of the Government funds and starts. Then conveniently runs out of money (siphoned off into a private bank account somewhere) and says the theatre cannot be finished in time for a big event in Cairns unless there are more funds coming. Thus the city is held to ransome until Bob coughs up a hefty slab of ratepayers monies. So the private partners have made themselves a fortune, the ratepayers are stuck with paying it off for decades to come.

ruby said...

Bob R. I must point out that not all of the Unity Team are locked into "group think". Richie Bates has demonstrated he can think for himself. I agree however, it is pretty disgusting behaviour to see well paid people sit on their bums doing nothing but raising their right hands when asked to. It is a given that if Bob wants a PPPs, the Unity Councillors, with the probable exception of Bates, will all dutifully raise their right hands and say 'AYE". I don't hold their intellectual ability in high regard. I believe they don't know how to do anything else. We may as well put some corpses into the Council Chambers and just rig up a pulley to lift their right arms when Bob says.

Anonymous said...

All this shit stirring by Clive Palmer looks like the opening shots of a power struggle within the LNP. Whether its the traditional Liberal and National division or not, I dunno. However it seems certain people are in the firing line. Stay tuned anyway folks because its going to get more interesting.

Anonymous said...

I reckon Shanghai's been partying too hard on the ekkie tabs. Can't make shit about what he's saying.

Anonymous said...

I reckon old Clive is hatching up some nefarious plot. You bet there's some LNP people behind him. Someone with a wounded ego perhaps?

jim-bob jnr. said...

Wish old Clive would give us a bit more goss about this debauchery bizzo he spoke of. Im all ears Clive. Come on man, spill the beans. It's in the public interest. Christ, I mean we'll fucken explode if you don't tell us now.

Vi L. Schumm said...

Ahhh Queensland! Cronyism one day, corruption the next! (Of course most days you get both.)

ruby said...

I'm not the least bit interested in that sort of stuff jim-bob. Palmer's little outbursts about corruption are enough to whet the curiosity and fire the imagination. It is patently obvious factions are appearing in the LNP.

Seth said...

Great description there ruby of the current crop of Unity Councillors, viz - "we may as well put some corpses into the Council Chambers and rig up a pulley".
I've been wondering the same thing myself since we never see hide nor hair of any of the Unity Councillors since they were elected. I can't even remember what their names are. Perhaps they retire to their coffins when the rest of us mortals are up and about?

Anonymous said...

The bootcamp contracts have been announced. Juvenile offenders will soon be shitting in Pearl's boots. The kids of nepotic LNP (ex)ministers should be the first "clients". Ros Bates should be next t resign. She had to eat shit today for having to officially welcome an artwork she criticised only a few months ago. What a bunch of pathetic amateurs. Off with their heads !

Anonymous said...

Cairns Post lying about the economy. Bill Trelor would be feeling like a right dill falling for the snale oil salesmen.

quote "According to the latest CairnsWatch report, rental vacancy rates are at their lowest levels since March 2008, with an overall market vacancy rate sitting at 2.4 per cent."

Reply stated 9 months were lower which is wrong but the trend is increased vacancy rate up from 2.0%in June and unemployment trend up as well. So not the lowest since 2008.

http://cairnswatch.com.au/uploads/uploads/201207fullreport.pdf

Then they talk of the increased employed but play down increased unemployed, zero attempt at seasonal adjustment.

Clearly a severe structural unemployment problem. March/April will be critical and when seasonal fluctuations are washed out to give clearer indicators. Also perhaps by then the real cost of the Woolies.Coles price war on the retail sector, especially small business and IGA.

We need some honesty in Cairns, tired of the bullshit.


Anonymous said...


The new development on Trinity Inlet begs for the CEP to be one bookened. Has to be brought back to life. The career and ambition of a few ego maniac misogynists should not result in such a massive asset for the region being lost forever.

PPP not in best interest, clearly.

JETHRO said...

The latest in the Cairns Foreshore Re-Development opens today and was one of Desley Boyle's wins for Cairns at a cost of $23.3 million. It was Desley who got us the funding for the total re-deveopment of the Cairns Esplanade changing it from stinking mudflats to the beautiful place it is today. Gavin slitherin King campaigned in the election that "Labor has done nothing for Cairns" (his words). Well, we've seen what Desley got for Cairns. What the hell has King got for Cairns?

ruby said...

King will attempt to take all credit for this latest stage of re-developing the Cairns foreshore, wait and see. He hasn't achieved anything for Cairns but a huge loss of funding, so he'll clutch at anything. Yes, JETHRO, it was all Desley Boyle's work. She achieved an enormous amount of funding and infrastructure for Cairns in her term of office, a new courthouse, a new police station, the William McCormack building, new fire stations, heaps of new school buildings, a greatly expanded TAFE, the huge re-development of the Base Hospital, funding for the current work on the Southern entrance to Mulgrave Road... on and on. King has achieved nothing, and nothing is what Cairns will get. Our population continues to grow and there are signs it is accelerating, while our infrastructure is now at a complete standstill, something which this city hasn't experienced in decades of steady growth. We are racing towards huge problems, the like of which our current Member has no understanding.

Anonymous said...



We have the Bruce Highway (Labor), the hospital works (Labor), the foreshore (Labor). China Eastern. Labor again?

Then what? Dredging. Not enough in the till.

King has got 6 million for a bus stop.

Anonymous said...

I see where some organisation called "Safe Pathways" has won the tender for the Bootcamp in Cairns. Ive never heard of this organisation before in my life and wonder if it is a last minute organisational "front" for some LNP hacks to get a nice dollop of taxpayers monies. Yeah glad to see it will end up in Pearl's backyard. She was one of the most passionate enthusiastic supporters of a boot camp on rugnuts program so it's only fitting she gets the opportunity to be a good neighbour and bake cupcakes for all the participants.

jim-bob jnr said...

That right Anonymous? A measly 6 million for one bus stop? Sheeesh imagine walking away from one term in office saying "I got my electorate one bus stop". Christ or mighty, what a fucken dud you would be.

Anonymous said...



I am sure when the bus stop is built, they will come. All increase in tourism will be because of that one bus stop. Guarantee it.

Signed

Kings right hand

Anonymous said...


I must confess though, was a bit critical of Desley Boyle as felt we missed out to SEQ too often but seems we never knew how good we had it.

JETHRO said...

Boyle was a good and effective representative for Cairns, although, like Jim Turnour, she didn't sing her praises, just got on with the job.

Anonymous said...

Why does that tosser jarrod joe belijehi or whatever his name is want to change the FOI laws , these lnp crooks will do anything to save their asses.Keep it up boys because for sure you will not be there after next election

Curtis said...

Who's Desley Boyle?

Anonymous said...



The LNP Facebook have a lot of gatekeepers. Must be after a cushy job or some form of handout.

Anonymous said...

ruby said...
"King will attempt to take all credit for this latest stage of re-developing the Cairns foreshore, wait and see."
Ruby you were correct. Did you see that hopeless King big noting himself on Channel 7 News tonight over something he had no involvement in?

Jethro said...

Yeah King was there alright, right amongst the opening of the latest stage of the Esplanade re-development, large as life. Desley Boyle who got the funding for it should have been there, but chances are she was not invited.

Bob R. said...

Freedom of Information??? Jesus, you reckon Newman's SLITHERIN GOVERNMENT will show any ethics at all when it comes to open government practices? Look at Kings record here. He doesnt bother releasing the first environmental report into dredging the inlet; he engages in secret emails with the Mayor; then he abandons his Oath of Office about serving his electors "without fear or favour" and refuses to allow ALP politicians to attend a meeting. Christ, this bunch are as sly and furtive as rats in a shithouse. What did Clive Palmer call them? Yeah - "the biggest crooks that have ever occupied office in the State of Queensland."
Yeah, and Palmer would know too.

KitchenSlut said...

anonymous at 16/11/12 11:33

You do raise some very valid ecomomic points. I reckon you have overstated a couple!

However there is independant commentary in Cairns if Hillbilly will gracefully allow me to post such:

http://cairnsbiz.blogspot.com.au/

Anonymous said...


Thanks KS. I had read your blog before but forgot the name of it so thank you.

More females as you have discovered are working - fits in with Coles/Woolorths price war. I would not be surprised if both running a loss right now in order to force out ALL competition but one good aspect is they plan early for future population growth. With all the discounts, rewards, loyalty ect I saved $85 on a $250 shop recently. They cannot keep that up.

Trouble looms though as they squeeze out smaller operators, dump a few casuals and so after Christmas I predict we face a retail fiscal cliff.

HA HA Some over stating always required to get attention. Though may happen. !

KitchenSlut said...

Conus Consulting in Mission Beach is also doing some good economic blogging: http://www.conus.com.au/blog

I am not a part of the war on the demonic retail duopoly as I think currently they are competing well to provide for their customers including innovation.

There are complementary retail opportunities however anyone thinking the current competition is not a sustainabke model may be likely wrong!?!