Queensland Treasury Corporation
OrganisationReferenced in 4 bills
Mineral and Energy Resources and Other Legislation Amendment Bill 2020
This bill strengthens workplace safety in Queensland's resources sector by introducing industrial manslaughter offences, while also improving mine rehabilitation oversight, streamlining regulatory processes, and protecting energy and water consumers.
State Penalties Enforcement (Modernisation) Amendment Bill 2022
This bill modernises Queensland's fine enforcement system by centralising management of camera-detected offences under a single agency, while also securing rental bonds with a government guarantee and reducing land tax for Special Disability Trusts.
Mineral and Energy Resources (Financial Provisioning) Bill 2018
This bill creates a new financial provisioning scheme to protect Queensland from the cost of mine rehabilitation when companies fail to meet their obligations. It replaces the previous individual financial assurance system with a pooled fund where companies pay contributions based on their assessed risk level, and requires all major mines to have Progressive Rehabilitation and Closure Plans with enforceable milestones.
Queensland Future Fund Bill 2020
This bill establishes a Queensland Future Fund framework, starting with the Debt Retirement Fund to quarantine money specifically for paying down State debt. It also provides a new legislated guarantee that the State will fully fund public sector defined benefit superannuation. The model is based on similar NSW legislation to satisfy credit rating agencies.