PUP to take assets back

THE Palmer United Party would resume any assets sold off by the Newman Government if it ever won power in Queensland.

And there would be no compensation for their new owners, party boss and federal Fairfax MP, Clive Palmer, has revealed.

The mining billionaire said the Newman Government's crusade to sell off major state-owned assets to the highest bidders to solve its debt problems was a slap in the face for all Queenslanders.

"The Palmer United Party strongly believes in retaining state-owned assets in the hands of all Queenslanders,'' he said.

"If successful at the next Queensland election, our party will resume any Queensland Government state-owned assets that have been sold off, without providing compensation to private sector investors who bought into them.

"Our precious hospitals, ports, schools and power companies are all in the firing line of Campbell Newman, who believes the only way to solve Queensland's problems is to offload public assets and cut expenditure.

"He made it very clear what little regard he has for his fellow Queenslanders with his decision to demolish the former Gold Coast Hospital for a subdivision, when the region is crying out for at least another 600 hospital beds.

"Campbell Newman and his Health Minister Lawrence Springborg have no regard for the health of Queenslanders.

"The LNP is stealing from the state to pay off debt when these assets need to be protected, all because they don't know how to grow the economy properly.

"A Queensland-elected Palmer United Party government would stimulate the economy and protect assets owned by Queenslanders.''

The Palmer United Party's state arm, known as the United Australia Party, plans to run candidates in every seat at the next Queensland election due by early 2015.

UAP state leader Dr Alex Douglas remains convinced the Premier will call an election in 2014, possibly as early as July.