Details crucial in NQ zoning
TWO Rockhampton State Members want to see figures and details on how North Queensland would work as a separate economic zone before deciding if they support such an idea.
A southern media reported on Wednesday that there was a push for North Queensland, from Rockhampton to Cairns, to be its own economic zone.
Member for Mirani Ted Malone (LNP) and Member for Rockhampton Bill Byrne (ALP) both told The Morning Bulletin they want to see information on the nuts and bolts of such a proposal before making any decisions about support.
"I fully understand the sentiment for an economic zone but I don't understand how it would work," Mr Malone said.
He said most of the major companies in the region have headquarters in capital cities or overseas, not in the region, and therefore taxes would not be paid into a North Queensland economic zone.
Mr Malone also said an economic zone normally meant free trade between countries.
Member for Keppel Bruce Young (LNP) said he could see the benefits of such a mechanism to give North Queensland its lion's share of Queensland's revenue.
"In the recent budget passed down two weeks ago by the Newman Government, 75% of that budget is to be spent outside of Brisbane," he said.
Mr Young said he in principle supports the proposal but agrees with Mr Malone and Mr Byrne that more information needs to be provided.