Palmer lashes out at QLD treasurer over public loan refusal

CLIVE Palmer has ramped up his war of words with the Queensland government over its refusal to provide a $35 million bank guarantee to help keep his nickel refinery afloat.

The federal member for Fairfax had asked the Palaszczuk government to provide security for the loan, which Mr

Palmer said was necessary to keep the Yabulu plant operational, but that request was knocked back on Friday night.
Mr Palmer said Queensland Treasurer Curtis Pitt had "breached long held conventions to keep business discussions confidential" when he spoke publicly about denying Mr Palmer's request.

"By leaking his letter to (Queensland Nickel managing director) Clive Mensink (on Friday) night, Curtis Pitt has sent a message to any party wanting to invest in Queensland that he can't be trusted and has little regard for the workers of north Queensland," he said.

"He seems to think it is OK to spend $40 million of taxpayers' money to multinational Rio Tinto in respect of the Boyne Smelter at Gladstone, but offer no support to the residents of Townsville."