To: Curtis Pitt S E E A E L I R · 2017-10-23 · BRIEFING NOTE FROM Treasury FOR Treasurer, Minister for Employment and Industrial Relations Minister for Aboriginal and Torres Strait

Curtis Pitt

From: Jason HumphreysSent: Monday, 28 September 2015 7:01 PMTo: Curtis PittCc: Lachlan SmithSubject: COMMERCIAL IN CONFIDENCE Yabulu briefAttachments: 03813-2015 BRIEF BN re Yabulu Nickel Refinery.docx

Importance: High

The COO & CFO are in Brisbane tomorrow andClive is willing to meet with us to discuss options.

Jason HumphreysChief of Staff

QueenslandGovernment

Office of the Hon. Curtis Pitt MPTreasurer

Minister for Employment and Industrial RelationsMinister for Aboriginal and Torres Strait Islander Partnerships

Executive Building 100 George Street Brisbane Q.LD 4000

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Contrary to Public Interest, Sch. 3(2)(1)(b)

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GPO Box 611 Brisbane QLD 4001

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BRIEFING NOTE

FROM Treasury

FOR Treasurer, Minister for Employment and Industrial RelationsMinister for Aboriginal and Torres Strait Islander Partnerships

SUBJECT Yabulu Nickel RefineryContact Officer Alban Pinz, Economics Division, 3035 1409 Reference No. 03813-2015

Approved by Patrick Wildie, Director, Economic Policy Approved by Mary-Anne Curtis, DUT

PURPOSE

1. To advise you of the economic, employment and fiscal impacts of any closure of QueenslandNickel's (QN) Yabulu Nickel and Cobalt refinery (Yabulu) and options to inform any furtherdiscussions with QN on the future of the refinery.

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Curtis Pitt

From: Jason HumphreysSent: Friday, 9 October 2015 1:09 PMTo: Curtis Pitt; Bart MellishSubject: FW: Draft Statement re QNAttachments: 091015_Queensland Nickel.docx

Jason HumphreysChief of StaffOffice of the Hon. Curtis Pitt MP

TreasurerMinister for Employment and Industrial RelationsMinister for Aboriginal and Torres Strait Islander Partnerships

Executive Building 100 George Street Brisbane QLD 4000

Queensland GPO Box 611 Brisbane QLD 4001Government

From: Martin PhilipSent: Friday, 9 October 2015 12:09 PMTo: Keith.Millman dennis.molloy Jim Murphy

Cc: Jason Humphreys Lachlan SmithBrendan Connell

Subject: Draft Statement re QN

Hi Keith, Dennis & Jim,

Please find attached draft statement re QN - can Treasury please check this ASAP and advise of any issues or

concerns.

Cheers

Martin PhilipSenior Media AdvisorOffice of the Hon. Curtis Pitt MP


| MoExecutive Building 100 George Street Brisbane QLD 4000

GPO Box 611 Brisbane QLD 4001QueenslandGovernment

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Media releaseTreasurerMinister for Employment and Industrial RelationsMinister for Aboriginal and Torres Strait Islander Partnerships

The Honourable Curtis Pitt MP

Friday 9 October 2015

Statement from Queensland Treasurer Curtis Pitt

The Queensland Government was first approached by Queensland Nickel(QN) representatives about the future of QN's Yabulu refinery on 21September 2015.


RTI Document No.20


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Curtis Pitt

From: Jason HumphreysSent: Friday, 9 October 2015 3:30 PMTo: Chris Taylor; Brendan Connell; Angela MacDonagh; Tim LinleyCc: Lachlan Smith; Martin PhilipSubject: Holding Statement on QNAttachments: 091015_Queensland Nickel.docx

importance: High

All

PI see attached draft statement on QN.


Treasurer-


Executive Building 100 George Street Brisbane Q.LD 4000GPO Box 611 Brisbane QLD 4001Queensland

Government

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RTI Document No.22


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The Honourable Curtis Pitt MPQueenslandGovernment

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Curtis Pitt

From: Martin PhilipSent: Saturday, 10 October 2015 12:34 PMTo: Curtis PittCc: Tim Linley; Lachlan Smith; Jason HumphreysSubject: QN LinesAttachments: 091015_Que



| Mobi-.,,,,,,., „ .iD.ni , Executive Building 100 George Street Brisbane QLD 4000

Queensland GPO Box 611 Brisbane QLD 4001Government

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RTI Document No.25


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Pages 26 through 32 redacted for the following reasons:- - - - - - - - - - - - - - - - - - - - - - - - - - - -Contrary to public interest

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Curtis Pitt

From:Sent:To:Cc:Subject:Attachments:

Jason HumphreysSaturday, 10 October 2015 6:21 PMCurtis PittLachlan SmithQN letter 10 Oct10 October Treasurer Ltr QNI.docx

Treasurer

This has been seen by the UT and DG of DPC.

Angela thought you should send to the Premier to before sending.

Regards

Jason HumphreysChief of StaffOffice of the Hon, Curtis Pitt MP TreasurerPhone:Mobile:

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Curtis Pitt

From:Sent:To:Cc:Subject:

Keith Millman Saturday, 10 October 2015 9:59 PMJason HumphreysCurtis Pitt; Jim Murphy; Dennis MolloyRe: Queensland Nickel

Sent from my iPhone

On 10 Oct 2015, at 4:45 pm, Jason Humphreys wrote:

All

Any comments?

Jason HumphreysChief of StaffOffice of the Hon. Curtis Pitt MPTreasurer


QuetnslandGovernment Executive Building 100 George Street Brisbane QLD 4000


1RTI Document No.36

Sch. 3(7)


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Curtis Pitt


Jason HumphreysSaturday, 10 October 2015 10:04 PMKeith MillmanCurtis Pitt; Jim Murphy; Dennis MolloyRe: Queensland Nickel

Thanks Keith

Regards

Jason HumphreysChief of StaffOffice of the Hon. Curtis Pitt MP TreasurerPhone:Mobile:

On 10 Oct 2015, at 9:59 PM, Keith Millman wrote:

Sent from my iPhone


All

Any comments?




Executive Building 100 George Street Brisbane Q.LD 4000GPO Box 611 Brisbane Q.LD 4001

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Sch. 3(7)

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Curtis Pitt


Curtis PittSunday, 11 October 2015 1:10 AMJason HumphreysLachlan SmithFwd: QN letter 10 Oct10 October Treasurer Ltr QNI.docx; ATT00001.htm

Good letter. Have sent as is to the Premier.

Begin forwarded message:

From: Jason Humphreys <Date: 10 October 2015 6:21:10 pm AESTTo: Curtis Pitt Cc: Lachlan SmithSubject: QN letter 10 Oct

Treasurer



Regards

Jason HumphreysChief of StaffOffice of the Hon. Curtis Pitt MP TreasurerPhoneMobile:

CP

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Curtis Pitt

From: Curtis PittSent: Sunday, 11 October 2015 1:31 AMTo: Annastacia PalaszczukSubject: QN letter 10 OctAttachments: 10 October Treasurer Ltr QNI.docx

Premier

Please find attached letter to Clive Mensink MD if Old Nickel. I intend to send first thing tomorrow.

It's my understand that both Jim Murphy and Dave Stewart have nigh have sighted tin his letter.CP>>

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Curtis Pitt

From:Sent:To:Subject:

Martin PhilipTuesday, 13 October 2015 12:21 PMCurtis PittFW: Queensland Nickel

FYI - reporter is after a response by 1pm

From: Kerryn ManifoldSent: Tuesday, 13 October 2015 12:19 PMTo: Martin Philip Chris Taylor

Subject: RE: Queensland Nickel

Let QN speak for themselves and stay out of it. This will just lead to more questions...

It should be:

The Government won't comment on the commercial matters of private companies.

Queensland Executive Building 100 George Street, Brisbane QLD 4000Government PO Box 1S185 City East QLD 4002

From: Martin PhilipSent: Tuesday, 13 October 2015 12:15 PMTo: Chris Tavlor Kerryn Manifold

Subject: FW: Queensland Nickel

Will call to discuss

Kerryn ManifoldDeputy Director-Government Media UnitOffice of the Hon. Annastacia Palaszczuk MPPremier of Queensland and Minister for the Arts

M

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Mob Executive Building 100 George Street Brisbane QLD 4000


From: Dominique Schwartz

Sent: Tuesday, 13 October 2015 10:06 AMTo: Martin Philip

Subject: Queensland Nickel

Hi Martin

Thanks for your help on this.

As per our conversation, the ABC understands that Clive Palmer is talking with the State Government about supportfor Queensland Nickel.

Could you please answer the following questions:

Has Queensland Nickel approached the State Government about possible financial support for the company?

What does Queensland Nickel want?

Is the company seeking $25-million?

What has Treasury's response to this been?

Has Queensland Nickel indicated that without this injection of funds it may face administration?

I would appreciate it if you could get back to me by 1pm.

Many thanks

Dominique

Dominique SchwartzNational Rural and Regional ReporterABC Brisbane


Please consider the environment before printing this e-mail.

The information contained in this email and any attachment is confidential mid may contain legallyprivileged or copyright material. It is intended only for the use of the addressee(s). If you me not theintended recipient of this email, you are not permitted to disseminate, distribute or copy this email or anyattachments. If you have received this message in error, please notify the sender immediately and delete this

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email from your system. The ABC does not represent or warrant that this transmission is secure or vimsfree. Before opening any attachment you should check for viruses. The ABC's liability is limited toresupplying any email and attachments.

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Curtis Pitt


Brendan ConnellWednesday, 14 October 2015 8:25 AMAnnastacia Palaszczuk; Jackie Trad; Curtis Pitt; Yvette D'Ath; Anthony LynhamFW: Statement from Clive Palmer on Queensland Nickel

From: Media ReportersSent: Wednesday, 14 October 2015 8:24 AMTo: Bart Mellish Ben Gertz Garth

Morgan Jason HumphreysLachlan Smith ; Martin Philip ScottForbe Andrew Morrissy ClairePower Eva Ford-Murphy (TreasuryExternal - Julia Sheed Margaret Smith (Treasury)

Melanie Edgar (Treasury) BrendanConnell Brendon StrongChris Taylo ; Kerryn ManifoldKirsten MacGregor Spencer Jolly

Cc: External - Media ReportersSubject: Statement from Clive Palmer on Queensland Nickel

Good morning. Please find a statement below from Clive Palmer re: Queensland Nickel.

Thanks,

Peter TaggartMedia Reporting Officer, Communication ServicesStrategic Engagement and ProtocolDepartment of Premier and Cabinet

P 07 3003 9151 M Queensland Executive Building, Level 2,100 George Street, Brisbane QLD 4000Government PO Box 15185, City East, QLD 4002

1RTI Document No.51


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PARLIAMENT OFAiiSTRAlJA ROUSE OFtWRESPATAm

Federal Member for FairfaxFetlerai Leader of tlie Palmer United Party

Olive Palmer MP

Media Statement

Clive Palmer tells it like it is on Queensland Nickel

As long as I am the owner of Queensland Nickel I will not allow the company to borrow funds from the QueenslandGovernment.

The simple fact of the matter is that there is no loan from the Government or anyone else.

I understand Queensland Nickel is debt free and has net assets of over $1.9 billion, far more than the Australian andthe Courier Mail glued together.

Queensland Nickel has revenue last year exceeding $680,000,000. Queensland Nickel employs around 800 peopleand another 1500 people depend on its activities. It is responsible for over $1,300,000,000 worth of economicactivity in Townsville.

Irresponsible media reports saying I was given the refinery from BHP are false. I paid many millions of dollars topurchase the refinery.

Just as false are claims that I discussed environmental issues with the Treasurer or that there were concerns in thisarea. Such reporting is fabrication.

The Townsville refinery has been operating for over 40 years. It has an excellent track record.

At the request of the then Queensland Premier, I took what steps were necessary to save the jobs of thousands ofpeople. I put my money on the line for the people of North Queensland and that is the truth of the matter.

Workers at QNI are paid on average more than 25 percent above the award and receive an extra one percent insuper each year above what the company is required to pay.

There is no reason to panic just because the price of nickel has dropped. This is typical of some journalists whocreate stories because they can't find real ones.

We do things not because they are easy but because they are hard. We have to stick with it and together we willachieve the extraordinary.

Clive Palmer

This email is intended only for the addressee. Its use is limited to that intended by the author at the time andit is not to be distributed without the author's consent. Unless otherwise stated, the State of Queenslandaccepts no liability for the contents of this email except where subsequently confirmed in writing. The

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opinions expressed in this email are those of the author and do not necessarily represent the views of theState of Queensland. This email is confidential and may be subject to a claim of legal privilege. If you havereceived this email in error, please notify the author and delete this message immediately

3RTI Document No.53

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Kendall Chick

From:Sent:To:

Subject:

Kendall ChickWednesday, 14 October 2015 9:00 AMJason Humphreys; Lachlan Smith; Martin PhilipFW: PALMER NICKEL & COBALT REFINERY, YABULU

Importance: High

Hi all,

FYI. Please see below from Andrew Cripps.

Thanks,

Kendall ChickAdministration OfficerOffice of the Hon. Curtis Pitt MPTreasurer

Minister for Employment and Industrial RelationsMinister for Aboriginal and Torres Strait Islander PartnershipsQueensland

Government

Executive Building 100 George Street BrisbaneGPO Box 611 Brisbane QLD 4001

From: Hinchinbrook Electorate OfficeSent: Tuesday, 13 October 2015 6:53 PMTo: State Development & Natural Resources and Mines Environment

Treasurer's Office Deputy Premier

Subject: PALMER NICKEL & COBALT REFINERY, YABULUImportance: High

The Hon Jackie Trad MP, Deputy PremierThe Hon Curtis Pitt MP, TreasurerThe Hon Anthony Lynham MP, Minister for State Development, Natural Resources & MinesThe Hon Steven Miles MP, Minister for Environment

Dear Deputy Premier, Treasurer and Ministers,

RE: PALMER NICKEL & COBALT REFINERY, YABULU

In recent weeks, a number of rumours have reached me regarding questions about the future of thePalmer Nickel and Cobalt Refinery at Yabulu, in my electorate of Hinchinbrook.

These rumours, while so far unsubstantiated, have been persistent.

The Refinery is a significant employer and an important part of the economy in the Townsville region,especially on Townsville's Northern Beaches, in my electorate of Hinchinbrook.

I have no desire to unduly alarm employees of the refinery, or to create any unnecessary concernfor the community in the Townsville region. However, I would be derelict in my responsibilities notto take a strong interest in this matter.

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I believe the Queensland Government needs to publicly clarify if discussions have been heldrecently with Mr Palmer, or other representatives of the Refinery, about its operational future.

Such a clarification is sought to provide comfort and confidence to the community in the Townsvilleregion, that the Queensland Government is alert to any concerns.

I would like to express my strong desire, as the local MP, to be kept informed and if required, towork together on this important issue, given it is a critical one for many of my constituents, the Cityof Townsville and North Queensland.

I look forward to your advice.

Yours Sincerely,

Andrew Cripps MPMember for HinchinbrookShadow Minister for Natural Resources, Mines, State Development and Northern Development

86-92 Herbert StreetPO Box 1515Ingham, Qld, 4850PH: (07) 4776 1428

FB: AndrewCrippsMPW: www.andrewcripps.com.au

Consider the environment before you print this email.

NOTICE - This e-mail and any attachments are confidential and only for the use of the addressee.

If you have received this e-mail in error, you are strictly prohibited from using, forwarding, printing, copying or dealing in anyway whatsoever with it, and arerequested to reply immediately by e-mail to the sender or by telephone to the Parliamentary Service on +61 7 3553 6000.

Any views expressed in this e-mail are the author's, except where the e-mail makes it clear otherwise.The unauthorised publication of an e-mail and anyattachments generated for the official functions of the Parliamentary Service, the Legislative Assembly, its Committees or Members may constitute acontempt of the Queensland Parliament. If the information contained in this e-mail and any attachments becomes the subject of any request under Right toinformation legislation, the author or the Parliamentary Service should be notified.

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Bart Mellish

From:Sent:To:Subject:Attachments:

Jason HumphreysFriday, 18 September 2015 4:22 PMBart MellishFwd: Phone Message - James McDonald (Clive Palmer's Office)

imageOOS.png

Regards


Begin forwarded message:

From: Kendall ChickDate: 18 September 2015 4:20:34 pm AESTTo: Jason HumphreysSubject: Phone Message - James McDonald (Clive Palmer's Office)

Phone message from James McDonald in Clive Palmer's Office looking to tee up a time for a meetingon Monday with the Treasurer and Deputy Premier. He said he had been in discussions with TimElder and that the meeting was fairly urgent.

Are you able to give James a call back on

Hi Jason,

Thanks,

0 Kendall ChickAdministration OfficerOffice of the Hon. Curtis Pitt MPTreasurer



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Hayley Lockyer

Subject: 4.30pm Meeting with Yabulu RefineryLocation: Treasurer's Office, Level 9, Executive Building, 100 George St, Brisbane

Start: Wed 30/09/2015 4:30 PMEnd: Wed 30/09/2015 5:00 PMShow Time As: Tentative

Recurrence: (none)

Meeting Status: Not yet responded

Organizer: Hayley LockyerRequired Attendees: jim.elder

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Jason Humphreys

From:Sent:To:Subject:Attachments:

Jason HumphreysSaturday, 10 October 2015 7:48 AMClaudia WhittonCommercial in Confidence

imageOOS.png; ATT00001.htm; 08102015184032-0001.pdf; ATT00002.htm;20151008_QN to Hon C Pitt.pdf; ATT00003.htm

FYI

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JawnJHm^

From: Jason HumphreysSent: Saturday, 10 October 2015 4:45 PMTo: Curtis Pitt; 'Jim Murphy'; 'Dennis Molloy'; Keith MillmanSubject: FW: Queensland NickelAttachments: LETTERHEAD - tres9oct.pdf; 10 October Treasurer Ltr QNI.docx

Importance: High

All

Any comments?




Executive Building 100 George Street Brisbane CU.D 4000Queensland GPO Box 611 Brisbane QLD 4001Government

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Jason Humphreys


Adrian NoonWednesday, 14 October 2015 2:17 PMJason Humphreys; Tim Lin leyAnthony Lynham; Michael Schaumburg (DSD)FW: Corro from Andrew Cripps re Palmer nickel & cobalt refinery - Yabuluimg-X14122722-0001.pdf

Jason/Tim

How do you want to play it?

I think given Tsy has led, you folks should reply

Adrian

—Original Message—

From: Jessica WuSent: Wednesday, 14 October 2015 2:12 PMTo: Adrian Noon Michael Meurer Subject: Corro from Andrew Cripps re Palmer nickel & cobalt refinery - Yabulu

Hi Adrian and Michael,

Andrew Cripps wrote to Minister Lynham, DP, treasurer and Minister Miles yesterday regarding the Palmer Nickeland Cobalt refinery.

He has asked if the Government has had conversations with Mr Palmer/ representatives from the refinery and askedto be kept informed.

Would you be able to confirm if we'd be responding and any comments for the response?

Thank you.

Jessica WuDepartment Liaison OfficerDepartment of State DevelopmentQueensland Government

tel 3452 7027mobilepost PO Box 15009 City East Qld 4002visit Level 17, 61 Mary St, [email protected]

—Original Message—From: David AttrillSent: Wednesday, 14 October 2015 12:55 PMTo: dlo.dnrm essica WuSubject: Corro from Andrew Cripps re Palmer nickel & cobalt refinery - Yabulu

Hi Jessica / Linda

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I note the attached went to several Ministers - just wanted to confirm if this falls within Min Lynham's portfolioresponsibilities and if you will be drafting a response? If so, I'll make a NRN from the DP's end.

Thanks!

Kind regardsDavid AttrillDepartmental Liaison OfficerOffice of the Director-General

Department of Infrastructure, Local Government and Planning p. 07 3452 6771 | m.

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Carly-Rae Tatten

From:Sent:To:

Hinchinbrook Electorate OfficeTuesday, 13 October 2015 6:53 PMState Development & Natural Resources and Mines; Environment; Treasurer'sOffice; Deputy PremierPALMER NICKEL & COBALT REFINERY, YABULUSubject:

Importance: High












Yours Sincerely,


86-92 Herbert StreetPO Box 1515Ingham, Qjd, 4850PH: (07)4776 1428

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NOTICE - This e-rnail and any attachments are confidential and only for the use of the addressee.


Any views expressed in this e-mail are tire author's, except where the e-mail makes it clear otherwise The unauthorised publication of an e-rnail and anyattachments generated for the official functions of the Parliamentary Service, the Legislative Assembly, its Committees or Members may constitute acontempt of the Quesnsland Parliament, If the information contained in this e-mail and any attachments becomes the subject of any request under Right toinformaliort legislation, the author or the Parliamentary Service should be notified

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JasonJ^^

From: Keith Millman <Keith.MillmSent: Saturday, 10 October 2015 9:59 PMTo: Jason HumphreysCc: Curtis Pitt; Jim Murphy; Dennis MolloySubject: Re: Queensland Nickel

Sent from my iPhone


All

Any comments?



Executive Building 100 George Street Brisbane QLD 4000GPO Box 611 Brisbane QLD 4001


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JasonJH^

From: Jonathan Scott <jonathan.sSent: Thursday, 24 September 2015 3:43 PMTo: Jason HumphreysSubject: RE: Yabulu briefAttachments: 03813-2015 BRIEF BN re Yabulu Nickel Refinery.docx

Here you go.

From: Jason HumphreysSent: Thursday, 24 September 2015 3:40 PMTo: Jonathan ScottSubject: Yabulu brief

Hi

Could I pis get a copy of the brief. Thanks


Treasurer


Executive Building 100 George Street Brisbane QLD 4000Queensland GPQ Box 611 Brisbane QLD 4001Government

This email, together with any attachments, is intended for the named recipient(s) only; and may containprivileged and confidential information. If received in error, you are asked to inform the sender as quicklyas possible and delete this email and any copies of this from your computer system network.

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individual or entity who is intended to be a recipient of this e-mail may access or use the informationcontained in this e-mail or any of its attachments. Opinions contained in this e-mail or any of its attachmentsdo not necessarily reflect the opinions of Queensland Treasury. The contents of this e-mail and anyattachments are confidential and may be legally privileged and the subject of copyright. If you havereceived this e-mail in error, please notify Queensland Treasury immediately and erase all copies of the e-mail and the attachments. Queensland Treasury uses virus scanning software. However, it is not liable forviruses present in this e-mail or in any attachment.

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BRIEFING NOTE

FROM Treasury

FOR Treasurer, Minister for Employment and Industrial RelationsMinister for Aboriginal and Torres Strait Islander Partnerships

SUBJECT Yabulu Nickel RefineryContact Officer Alban Pinz, Economics Division, 3035 1409 Reference No. 03813-2015

Approved by Patrick Wildie, Director, Economic Policy Approved by Mary-Anne Curtis, DUT

PURPOSE

1. To advise you of the economic, employment and fiscal impacts of any closure of QueenslandNickel's (QN) Yabulu Nickel and Cobalt refinery (Yabulu) and options to inform any furtherdiscussions with QN on the future of the refinery.

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Sch. 3(2)(1)(b), Contrary to Public Interest

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Pages 97 through 121 redacted for the following reasons:- - - - - - - - - - - - - - - - - - - - - - - - - - - -Cabinet Matter - Sch.3(2)(1)(b)Contrary to public interestInfringe on the privileges of Parliament - Sch.3(6)(c)(i)

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Lachlan Smith

Subject:

From:Sent:To:

Cc:

Media Reporters Wednesday, 14 October 2015 9:41 AMBrendan Connell; Brendon Strong; Chris Taylor; Kerryn Manifold; Kirsten MacGregor;Spencer Jolly; Bart Mellish; Ben Gertz; Garth Morgan; Jason Humphreys; LachlanSmith; Martin Philip; Scott Forbes; Andrew Morrissy; Claire Power; Eva Ford-Murphy(Treasury); External - Julia Sheedy; Margaret Smith (Treasury); Melanie Edgar(Treasury)Angela Nutt; Gary Robertson; Jodi Staunton-Smith; Morgan Magee; Peter Taggart;Scott DixonBrisbane Times: Clive Palmer will 'not allow' Queensland Nickel to borrow from state

http://www.brisbanetimes.com.au/business/mining-and-resources/clive-palmer-will-not-allow-queensland-nickel-to-borrow-from-state-20151013-gk8i21.html

Clive Palmer will 'not allow' QueenslandNickel to borrow from stateDate

October 14, 2015-9:31AM

Amy Remeikis

Clive Palmer has claimed he will "not allow" his nickel refinery to borrow money fromthe Queensland Government, despite holding at least two meetings with senior ministers in the past two weeks.

Mr Palmer and Queensland Nickel representatives have met with both Deputy Premier Jackie Trad and TreasurerCurtis Pitt recently, with the ministers referring to the conversations as "commercial in confidence".

Mr Pitt said no decisions had been made regarding assisting Queensland Nickel, although Mr Palmer fired off a seriesof disparaging tweets against the state government and Premier on Monday afternoon, following the conclusion of itsCabinet meeting.

The ABC reported Mr Palmer had approached the government for a $25 million loan.

But on Wednesday, Mr Palmer released a statement lashing out at the media, while claiming he would not allowQueensland Nickel to borrow funds from the state government while he was the owner.

"The simple fact of the matter is that there is no loan from the government or anyone else," he said.

"I understand Queensland Nickel is debt free and has net assets of over $1.9 billion, far morethan the Australian and the Courier-Mail glued together."Queensland Nickel has revenue last year exceeding $680,000,000. Queensland Nickel employs around 800 people

and another 1500 people depend on its activities."

But Mr Palmer admitted that he had injected his own funds into the company.

"At the request of the then Queensland Premier, I took what steps were necessary to save the jobs of thousands ofpeople," he said.

"I put my money on the line for the people of North Queensland and that is the tmth of the matter.

"...There is no reason to panic just because the price of nickel has dropped.

"This is typical of some journalists who create stories because they can't find real ones."

Mr Palmer finished his statement with a quote from US President John F. Kennedy's moon speech.

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"We do things not because they are easy but because they are hard," he said.

"We have to stick with it and together we will achieve the extraordinary."

The drop in commodity prices has impacted the Queensland resources sector hard with layoffs and mine closuresbecoming the norm in the once-booming industry.

Queensland Executive Building, Level 2,100 George Street, Brisbane QLD 4000Governrnent po box isiss, city East, qld 4002

This email is intended only for the addressee. Its use is limited to that intended by the author at the time andit is not to be distributed without the author's consent. Unless otherwise stated, the State of Queenslandaccepts no liability for the contents of this email except where subsequently confirmed in writing. Theopinions expressed in this email are those of the author and do not necessarily represent the views of theState of Queensland. This email is confidential and may be subject to a claim of legal privilege. If you havereceived this email in error, please notify the author and delete this message immediately

»}/ Strategic Engagement and ProtocolDepartment of Premier and Cabinet

P 07 3003 9151 M

Peter TaggartMedia Reporting Officer, Communication Services

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Lachlan Smith©

From: Media Reporters <mediarepoSent: Wednesday, 14 October 2015 8:47 AMTo: Bart Mellish; Ben Gertz; Garth Morgan; Jason Humphreys; Lachlan Smith; Martin

Philip; Scott Forbes; Andrew Morrissy; Claire Power; Eva Ford-Murphy (Treasury);External - Julia Sheedy; Margaret Smith (Treasury); Melanie Edgar (Treasury); AntonGallacher; Jan Martin; Simon Zanatta; Media (DNRM); Paul Lynch; Tim De Jersey;Alexandra Connor (DSDIP); Andrew Evans (DSDIP); Edda Mwangi (DSDIP); ElspethCostello (DSDIP); Gillian Tyrrell; Kathy English (DSDIP); Michael O'Meara (DLGP);Brendan Connell; Brendon Strong; Chris Taylor; Kerryn Manifold; Kirsten MacGregor;Spencer Jolly

Cc: Angela Nutt; Gary Robertson; Jodi Staunton-Smith; Morgan Magee; Peter Taggart;Scott Dixon

Subject: ABC: Clive Palmer 'not aware' of loan talks with State Government about

Queensland Nickel

http://www.abc.net.au/news/2015-10-14/clive-palmer-federal-mp-not-aware-of-discussion-about-qld-

nickel/6852412?section=qld

Clive Palmer 'not aware' of loan talks with StateGovernment about Queensland NickelAMBy Annie GuestUpdated about an hour ago

Queensland mining magnate and federal MP Clive Palmer has distanced himself from reports hiscompany discussed a potential $25 million loan from the State Government.

The Townsville-based business, Queensland Nickel, has faced a slump in nickel prices and environmentalproblems.

The ABC understands Cabinet debated a potential $25 million loan to Queensland Nickel on Monday, aftera series of correspondence between Queensland Treasury and the company about a possible loan and agovernment guarantee for banking facilities.

State Treasurer Curtis Pitt would not confirm details but said there had been discussions with QueenslandNickel.

"I can confirm that I've met with representatives from Queensland Nickel and including Mr Palmer relatingto ... a decline in the nickel price and of course we're interested to see how that's affecting theiroperations," he said.

However, Mr Palmer told ABC Radio's AM program there had been no discussions that he was "aware of.

"There's no discussions with the Queensland Government at the moment in relation to any loans at all, no,"he said.

In 2013-2014, Australian Electoral Commission records show Queensland Nickel donated $15.2 million tothe Palmer United Party.

The ABC understands the Queensland Government wanted Mr Palmer's company to open its books beforeit would consider a loan, but that request was rejected.

It is understood talks between the two sides then broke down.

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The ABC asked Mr Palmer if he thought it was appropriate for taxpayers to subsidise a politician'sbusiness.

"I'm a politician, I'm not in business," he said.

"Queensland Nickel is a Queensland company ... but it's got nothing to do with me.

"There's no loan, we're not seeking any subsidy — you've got the wrong story my dear — someone isleading you up the garden path."

He did not comment when the ABC then asked if he denied any discussions about a loan or any sort ofsupport.

"Goodbye," Mr Palmer said.

Queensland Nickel is a big north Queensland employer, with up to 800 workers.

The managing director of the company's refinery, Ian Ferguson, has met with Australian Workers Union(AWU) spokesman Cowboy Stockholm.

"I've been given an undertaking by Mr Ferguson that it's business as usual," Mr Stockholm said.

"That security of employment that concerned the union is not a concern.

"He said it will be soldiering on — the plant will just be going along as it goes along, as will the port and andthat there's nothing for us to worry about.

"He's given the union those assurances and for that, it makes us feel a hell of a lot better and it shouldmake people around Townsville and the region feel a lot better."

Queensland Nickel is also fighting charges of environmental breaches associated with its refinery.

Queensland Executive Building, Level 2, 100 George Street, Brisbane QLD 4000Government PO Box ISISS, City East, QLD 4002


Union met with Queensland Nickel


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Lachlan Smith

From:Sent:To:

Cc:Subject:

Media ReportersWednesday, 14 October 2015 8:24 AMBart Mellish; Ben Gertz; Garth Morgan; Jason Humphreys; Lachlan Smith; MartinPhilip; Scott Forbes; Andrew Morrissy; Claire Power; Eva Ford-Murphy (Treasury);External - Julia Sheedy; Margaret Smith (Treasury); Melanie Edgar (Treasury);Brendan Connell; Brendon Strong; Chris Taylor; Kerryn Manifold; Kirsten MacGregor;Spencer JollyExternal - Media ReportersStatement from Clive Palmer on Queensland Nickel

Good morning. Please find a statement below from Clive Palmer re: Queensland Nickel.

Thanks,


P 07 3003 9151 MExecutive Building, Level 2, 100 George Street, Brisbane QLD 4000PO Box 15185, City East, QLD 4002


PAR1.1AMENT OF AUSTRALIA HOUSE OF REPRESENTATn

Federal Member for FairfaxFederal Leader of the Palmer United Party

Clive Palmer MP

Media Statement

Clive Palmer tells it like it is on Queensland Nickel

As long as I am the owner of Queensland Nickel I will not allow the company to borrow funds from the Queensland

Government.

The simple fact of the matter is that there is no loan from the Government or anyone else.

I understand Queensland Nickel is debt free and has net assets of over $1.9 billion, far more than the Australian and

the Courier Mail glued together.

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Queensland Nickel has revenue last year exceeding $680,000,000. Queensland Nickel employs around 800 peopleand another 1500 people depend on its activities. It is responsible for over $1,300,000,000 worth of economic

activity in Townsville.

Irresponsible media reports saying I was given the refinery from BMP are false. I paid many millions of dollars topurchase the refinery.

Just as false are claims that I discussed environmental issues with the Treasurer or that there were concerns in this

area. Such reporting is fabrication.

The Townsville refinery has been operating for over 40 years. It has an excellent track record.

At the request of the then Queensland Premier, I took what steps were necessary to save the jobs of thousands ofpeople. I put my money on the line for the people of North Queensland and that is the truth of the matter.

Workers at QNI are paid on average more than 25 percent above the award and receive an extra one percent in

super each year above what the company is required to pay.

There is no reason to panic just because the price of nickel has dropped. This is typical of some journalists whocreate stories because they can't find real ones.

We do things not because they are easy but because they are hard. We have to stick with it and together we will

achieve the extraordinary.

Clive Palmer


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Lachlan Smith8


Tim LinleyWednesday, 14 October 2015 10:33 AMLachlan Smith; Jason HumphreysRE: 015 Queensland Nickel doc.docx

Thanks L have amended

From: Lachlan SmithSent: Wednesday, 14 October 2015 10:33 AMTo: Tim Linley Jason Humphreys

Subject: 015 Queensland Nickel doc.docx

I will give you a buzz to discuss latest.

L

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Sch. 3(6)(c)(i)

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Lachlan Smith


Lachlan SmithWednesday, 14 October 2015 10:41 AMTim LinleyFW: PALMER NICKEL & COBALT REFINERY, YABULU

Importance: High

FYI - useful for Premier's parly folder.

L

From: Kendall ChickSent: Wednesday, 14 October 2015 9:00 AMTo: Jason Flumphreys Lachlan Smith

; Martin PhilipSubject: FW: PALMER NICKEL & COBALT REFINERY, YABULUImportance: High

Hi all,

FYI. Please see below from Andrew Cripps.

Thanks,

From: Flinchinbrook Electorate Office Sent: Tuesday, 13 October 2015 6:53 PMTo: State Development & Natural Resources and Mines Environment

Treasurer's Office Deputy Premier

Subject: PALMER NICKEL & COBALT REFINERY, YABULUImportance: High



Kendall ChickAdministration OfficerOffice of the Hon. Curtis Pitt MPTreasurer

Minister for Employment and Industrial RelationsMinister for Aboriginal and Torres Strait Islander PartnershipsQueensland

Government



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Yours Sincerely,


86-92 Herbert StreetPO Box 1515Ingham, Qld, 4850PH: (07) 4776 1428



NOTICE - This e-mail and any attachments are confidential and only for the use of the addressee.


Any views expressed in this e-mail are the author's, except where the e-mail makes it clear otherwise.The unauthorised publication of an e-mail and anyattachments generated for the official functions of the Parliamentary Service, the Legislative Assembly, its Committees or Members may constitute acontempt of the Queensland Parliament. If the information contained in this e-mail and any attachments becomes the subject of any request under Right toinformation legislation, the author or the Parliamentary Service should be notified.

It is the addressee's responsibility to scan this message for viruses.The Parliamentary Service does not warrant that the information is free from anyvirus,defect or error.

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Pages 136 through 137 redacted for the following reasons:- - - - - - - - - - - - - - - - - - - - - - - - - - - -Infringe the privileges of Parliament - Sch.3(6)(c)(i)

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Lachlan Smith&>


Kim Lory Friday, 2 October 2015 3:52 PMLachlan SmithPis call Darren Wolfe, Queensland Nickel on

Kim LoryMinisterial Coordinator


Minister for Employment and Industrial RelationsMinister for Aboriginal and Torres Strait Islander PartnershipsPhone: 3035 1918

Web: www.treasurv.qld.ROV.au



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Pages 139 through 143 redacted for the following reasons:- - - - - - - - - - - - - - - - - - - - - - - - - - - -Cabinet Matter - Sch.3(2)(1)(b)

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Lachlan Smith


Jim Murphy Friday, 2 October 2015 8:30 PMDennis MolloyLachlan Smith; Gregory TonksRe: Draft CBRC Submission

Thanks Dennis. Ok with me.Jim

On 2 Oct 2015, at 6:50 pm, Dennis Molloy wrote:

Please find attached a draft submission.

Regards

Dennis MolloyA/g Deputy Under Treasurer - Fiscal

Queensland Treasury

<Final (3).docx>


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Pages 145 through 244 redacted for the following reasons:- - - - - - - - - - - - - - - - - - - - - - - - - - - -Cabinet Matter - Sch.3(2)(1)(b)Cabinet Matter - Sch.3(2)(1)(b) and Contrary to Public InterestCabinet Matter - Sch.3(2)(1)(b) and Contrary to public interestContrary to Public Interest

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Lachlan Smith

From: Jason HumphreysSent: Thursday, 8 October 2015 4:44 PMTo: Dennis Molloy; Keith MillmanCc: Jim Murphy; Lachlan SmithSubject: RE: Ltr QNIAttachments: Ltr QNI in response to corro 8 October.docx; 20151008_QN to Hon C Pitt.pdf

Importance: High

Dennis

Amended letter for consideration.


Treasurer


Executive Building 100 George Street Brisbane QLD 4000Queensland GPO Box 611 Brisbane QLD 4001Government

From: Dennis Molloy Sent: Thursday, 8 October 2015 3:48 PMTo: Jason Humphreys Lachlan Smith

Cc: Jim MurphySubject: FW: Ltr QNI

Draft letter as requested.

Regards

Dennis

From: Debbie SeagrottSent: Thursday, 8 October 2015 3:46 PMTo: Dennis MolloySubject: Ltr QNI

Kind Regards

Deb

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Debbie SeagrottExecutive Officer to Warwick AgnewDeputy Under TreasurerCommercial AdvisoryQueensland TreasuryLevel 9,100 George Street, Brisbane 4001Phone: (07) 303 53101Mobile:

Web: www.treasurv.qld.gov.au


individual or entity who is intended to be a recipient of this e-mail may access or use the informationcontained in this e-mail or any of its attachments. Opinions contained in this e-mail or any of its attachmentsdo not necessarily reflect the opinions of Queensland Treasury. The contents of this e-mail and anyattachments are confidential and may be legally privileged and the subject of copyright. If you havereceived this e-mail in error, please notify Queensland Treasury immediately and erase all copies of the e-mail and the attachments. Queensland Treasury uses virus scanning software. However, it is not liable forviruses present in this e-mail or in any attachment.rfc #|c r|c rjc ifc rjc *|€ sfc sjc $|c $1* }j< #|c ^ #}c jfc ^ 5|c ^ jjc 5|c 5|C #|c #|c #fc 5j> *|C

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Lachlan Smith


Jason HumphreysSaturday, 10 October 2015 6:21 PMCurtis PittLachlan SmithQN letter 10 Oct10 October Treasurer Ltr QNI.docx

Treasurer



Regards


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Lachlan Smith

From: Martin PhilipSent: Saturday, 10 October 2015 12:34 PMTo: Curtis PittCc: Tim Linley; Lachlan Smith; Jason HumphreysSubject: QN LinesAttachments: 091015_Que


Treasurer



MobExecutive Building 100 George Street Brisbane QLD 4000


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Contrary to Public InterestRTI

REL

EASE







RTI Document No.268


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Lachlan Smith


Dennis Molloy Friday, 9 October 2015 4:21 PMJason HumphreysLachlan Smith; Jim Murphy; Gregory TonksDraft letter on QNLtr QNI in response to corro 8 October (3).docx

Dennis MolloyA/g Deputy Under Treasurer - FiscalQueensland Treasury

kj# ^0

individual or entity who is intended to be a recipient of this e-mail may access or use the informationcontained in this e-mail or any of its attachments. Opinions contained in this e-mail or any of its attachmentsdo not necessarily reflect the opinions of Queensland Treasury. The contents of this e-mail and anyattachments are confidential and may be legally privileged and the subject of copyright. If you havereceived this e-mail in error, please notify Queensland Treasury immediately and erase all copies of the e-mail and the attachments. Queensland Treasury uses virus scanning software. However, it is hot liable forviruses present in this e-mail or in any attachment.

0I0 0&0 »1# «1# «1# »fl# 0I0 J* *1* •!« ^t# «|# »1# »1# «1# •!« blj 0S0 aX* «!• ^1> »1- -t. -I- -I- .1. .1. -I. .1 ¦ ^1. ^1. .1- -1. .I¦ .1. .I. .1. .1.*1* *P *1* *P T* *P #T* «I» T" »!* *1* *1* *X* *1^ "T* *1* *7> ^ 'P ^p 'p *p 'p 'p *p ^p 'p *p "p rp •p ^P »p rp rp »p »p rp #p rp ^p #p rp *p #p #p »p rp *p ^p ^ ^p tf* tf* ^ ^p ^p Tp ^p ^p #p ip *p #p ^p 0^ rp ip #p rp *p ^p *p Jp

5jk 5jC jjk 5|C rjk vjk #jC #jC tfjk 5jk jjk jjk jjk 5^k kjk kjk ^k S^k jjk r(k jjk jjk 5|k ?|k rjk 5jk #jk r|k *|k r|k ?jk ^k ^k #jk ^k #jk #Jk ^jk 3|k 5jk jjk ^k jjk #|k »jk 5jk ^k jjk jjk ^|k j|k »jk »jk #jk rjk r|k #|k i|k rjC jjk 5jk 5^k 5jk jjk kjk jjk jjk kjk ^jk jjk ^k jjk ^k

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Lachlan Smith

From: Jason HumphreysSent: Friday, 9 October 2015 3:30 PMTo: Chris Taylor; Brendan Connell; Angela MacDonagh; Tim LinleyCc: Lachlan Smith; Martin PhilipSubject: Holding Statement on QNAttachments: 091015_Queensland Nickel.docx

Importance: High

All

PI see attached draft statement on QN.


Treasurer


Executive Building 100 George Street Brisbane QLD 4000GPO Box 611 Brisbane QLD 4001Queensland

Government

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RTI Document No.275


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The Honourable Curtis Pitt MPQueenslandGovernment

RTI Document No.276


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Lachlan Smith


Martin PhilipFriday, 9 October 2015 12:09 PMKeith.Millman dennis.molloy Jim MurphyJason Humphreys; Lachlan Smith; Brendan ConnellDraft Statement re QN091015_Queensland Nickel.docx

Hi Keith, Dennis & Jim,

Please find attached draft statement re QN - can Treasury please check this ASAP and advise of any issues orconcerns.

Cheers


Treasurer


MobExecutive Building 100 George Street Brisbane QLD 4000

GPO Box 611 Brisbane QLD 4001QueenslandGovernment

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RTI Document No.278


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Lachlan Smith

From: Jason HumphreysSent: Tuesday, 13 October 2015 12:34 AMTo: Lachlan Smith; Bart Mellish; Martin PhilipSubject: QN Min StatAttachments: Queensland Nickel Min Stat.docx





Executive Building 100 George Street Brisbane QLD 4000GPO Box 611 Brisbane QLD 4001

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From: Martin PhilipSent: Sunday, 11 October 2015 7:27 AMTo: Jason Humphreys; Lachlan SmithSubject: QN LinesAttachments: QN Lines.docx


Treasurer



MobExecutive Building 100 George Street Brisbane Q.LD 4000


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Pages 285 through 294 redacted for the following reasons:- - - - - - - - - - - - - - - - - - - - - - - - - - - -Breach of Confidence - Sch.3(8)(1) and Contrary to Public InterestContrary to Public Interest

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Lachlan Smith

From:Sent:To:

Cc:

Subject:

Media ReportersTuesday, 13 October 2015 I'll PMBrendan Connell; Brendon Strong; Chris Taylor; Kerryn Manifold; Kirsten MacGregor;Spencer Jolly; Bart Mellish; Ben Gertz; Garth Morgan; Jason Humphreys; LachlanSmith; Martin Philip; Scott Forbes; Andrew Morrissy; Claire Power; Eva Ford-Murphy(Treasury); External - Julia Sheedy; Margaret Smith (Treasury); Melanie Edgar(Treasury); Anton Gallacher; Jan Martin; Simon Zanatta; Alexandra Connor (DSDIP);Andrew Evans (DSDIP); Edda Mwangi (DSDIP); Elspeth Costello (DSDIP); GillianTyrrell; Kathy English (DSDIP); Michael O'Meara (DLGP); Media (DNRM); Paul Lynch;Tim De JerseyAngela Nutt; Gary Robertson; Jodi Staunton-Smith; Morgan Magee; Peter Taggart;Scott Dixon[Video] ABC News Queensland - ABC: Clive Palmer's Queensland Nickel in talks over$25 million Government loan

Good evening. Please find an ABC News Queensland story related to the below article available to view via the link:https://dpcqld.sharepoint.com/MediaReportingServices/ lavouts/15/guestaccess.aspx?guestaccesstoken=XJUX%2b6JAzRY8MMHvx7wh6s2mkPm8PxDuc3FXWTNglz0%3d&docid=ldaca54a72aa94a2fb58888a37d792ec6

Thanks,

PeterTaggartMedia Reporting Officer, Communication ServicesStrategic Engagement and ProtocolDepartment of Premier and Cabinet

P 07 3003 9151 MExecutive Building, Level 2,100 George Street, Brisbane QLD 4000PO Box 15185, City East, QLD 4002


http://www.abc.net.au/news/2015-10-13/qld-government-to-considers-lending-25m-to-palmers-

companv/6850918?section=qld

Clive Palmer's Queensland Nickel in talks over $25million Government loanExclusive by the National Reporting Team's Mark Willacy and Dominique SchwartzUpdated 21 minutes ago

The Palaszczuk Government and one of Clive Palmer's key businesses, Queensland Nickel Pty Ltd,were in discussions about a potential $25 million loan to help the company, the ABC can reveal.

It is understood the Queensland Cabinet debated the issue during its weekly meeting yesterday, after aseries of correspondence between Treasury and Queensland Nickel Pty Ltd about a possible loan and aGovernment guarantee for banking facilities.

The office of Treasurer Curtis Pitt has confirmed the Government held discussions with Queensland Nickelabout the impact of the slumping world nickel price.

The company operates a nickel refinery at Yabulu, about 25 kilometres north of Townsville.

The plant was once owned by disgraced corporate high-flier Alan Bond. At its peak the refinery employed900 staff.

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But a slump in the nickel price from just over $US13 a pound in early 2011 to $US4.77 a pound now islikely to have put pressure on the business.

"The market is well supplied with nickel," resources analyst David Lennox from Fat Prophets said.

"You throw in China slowing over 2015 and you can see why the nickel price has struggled."

Operations at the ageing Yabulu refinery had to be temporarily suspended last year after allegations itstailings dams overflowed, resulting in toxic sludge having to be channelled to a holding pond next to theGreat Barrier Reef Marine Park.

The Queensland Environment Department later investigated and charged Queensland Nickel with sixcounts of environmental breaches.

The matter is listed for a committal hearing in the Townsville Magistrates Court in early December. Thecompany is fighting the charges.

'No application' for support has been made: PalmerQueensland Nickel has been the major donor to Mr Palmer's political party, the Palmer United Party (PUP).

During the 2013-2014 financial year, Australian Electoral Commission records show Queensland Nickelbankrolled PUP to the tune of $15.2 million.

The ABC contacted the businessman and federal member for Fairfax to ask if his company was seekingfinancial support from the Queensland Government.

Mr Palmer said "no application" for support had been made, but he acknowledged the Government "hadbeen in touch looking for information".

When asked what information the Government was seeking, Mr Palmer said "you'll have to ask them" andhung up.

A spokesman for Mr Pitt told the ABC the "State Government had held discussions with Queensland Nickelabout the effect the world nickel price is having on its Yabulu refinery".

But the spokesman did not answer questions about whether the discussion related to a possible loan.

He said the Government could make no further comment until Mr Palmer's company had made an officialpublic statement on the matter.

Asked whether the state would offer any funds to the company, Mr Pitt said "there's been no decision toprovide any assistance to Queensland Nickel".

Mr Pitt confirmed he had met with company representatives and Mr Palmer.

"Those discussions are commercial-in-confidence and it would not make me a very good treasurer if I wasgoing to discuss matters around a private company in a public forum."

The ABC understands the Palaszczuk Government wanted Mr Palmer's company to open its books beforeit would consider a loan, but that request was rejected. Talks between the two sides then broke down.

The Australian Workers Union (AWU) said it had been assured by Queensland Nickel managing director ofoperations Ian Ferguson that it is "business as usual".

AWU Northern District secretary Cowboy Stockholm said he has just had a meeting with Mr Ferguson whotold him that "all the hype is unfounded, everyone's jobs are safe" and that they would "soldier on".

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Mr Stockholm said Queensland Nickel's refinery and port operations employ between 750 and 800workers.

In 2010, Mr Palmer rewarded his then 800-strong workforce at the nickel refinery with lavish gifts.

The Queensland Nickel website says he gave away 50 Mercedes Benz cars, 700 international holidays,and 50 weekends to the Sheraton Mirage at Port Douglas.

Mr Palmer acquired Queensland Nickel from BMP Billiton in 2009 when the plant was facing closure.

"It would have been a crushing blow to the workers and their families as well as the regional economy if ithad shut down," he said in 2010 after handing out the gifts to his workforce.

PeterTaggartMedia Reporting Officer, Communication ServicesStrategic Engagement and ProtocolDepartment of Premier and Cabinet

P 07 3003 9151 MExecutive Building, Level 2, 100 George Street, Brisbane QLD 4000PO Box 15185, City East, QLD 4002



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Lachlan Smith

Media ReportersTuesday, 13 October 2015 6:52 PMBart Mellish; Ben Gertz; Garth Morgan; Jason Humphreys; Lachlan Smith; MartinPhilip; Scott Forbes; Andrew Morrissy; Claire Power; Eva Ford-Murphy (Treasury);External - Julia Sheedy; Margaret Smith (Treasury); Melanie Edgar (Treasury);Brendan Connell; Brendon Strong; Chris Taylor; Kerryn Manifold; Kirsten MacGregor;Spencer Jolly; Anton Gallacher; Jan Martin; Simon Zanatta; Media (DNRM); PaulLynch; Tim De Jersey; Alexandra Connor (DSDIP); Andrew Evans (DSDIP); EddaMwangi (DSDIP); Elspeth Costello (DSDIP); Gillian Tyrrell; Kathy English (DSDIP);Michael O'Meara (DLGP)Angela Nutt; Gary Robertson; Jodi Staunton-Smith; Morgan Magee; Peter Taggart;Scott DixonBrisbane Times: Treasurer meets Clive Palmer over Townsvilie's Queensland Nickel

refinery

http://www.brisbanetimes.com.au/business/mining-and-resources/treasurer-meets-clive-palmer-over-

townsvilles-queensland-nickel-refinerv-20151013-gk855a.html

Treasurer meets Clive PalmerQueensland Nickel refineryDate

October 13, 2015 - 6:48PM

Amy Remeikis

Queensland Treasurer Curtis Pitt has become the second senior Queensland government member to meet with ClivePalmer to discuss his Queensland Nickel refinery, but he has refused to say whether there was a request for help.

But Mr Pitt did confirm that no decisions regarding assisting the Townsville refinery had been made.

Less than two weeks after Deputy Premier Jackie Trad confirmed she met with Mr Palmer late last month, Mr Pittsaid he met with the Federal MP and other Queensland Nickel representatives but said the discussions were protectedunder "commercial-in-confidence".

Mr Palmer fired off a series of tweets against the Queensland Premier and government on Monday afternoon,highlighting the state's unemployment record under Labor, claiming Premier Annastacia Palaszczuk "has never been aworker" and that "worker men and women in Queensland are disregarded by the Queensland Labor Government".

At an event to release the Queensland Resources Council's report on mining's contribution to the state's economy, itschief executive Michael Roche said the nickel price was in flux.

"What I know about Queensland Nickel is it is a major employer in Townsville...I've watched the nickel price and it isswings and roundabouts," he said.

"I think its making a bit of a comeback at the moment but one would hope Queensland Nickel is a company which ishere for the long term.

"It has been an important part of Townsville economy for some decades."

At the same event, Mr Pitt would not discuss whether the government had been approached for assistance, given theimpact falling commodity prices are having on refineries such as Mr Palmer's.

"I can confirm that I've met with representatives from Queensland Nickel, including Mr Palmer, relating to the factsthat Michael Roche has just referred to and that is there is a decline in the price and of course we are interested to seehow that is affecting their operations," he said.

From:Sent:To:

Cc:

Subject:

over Townsville's

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"...Those sorts of discussions are commercial in confidence and it would not make me a very good treasurer if I wasgoing to be discussing matters that involve a private company in a public forum.

"I can say that there has been no decision to provide any assistance to Queensland Nickel."

The government also vowed not to assist Adani with its attempts to get its Galilee Basin project, the CarmichaelMine, set to be the state's biggest coal mine if it gets off the ground, by providing any infrastructure, at the 2015election.

It has since qualified that as "no direct assistance" and has admitted it has been lobbying the Federal Government toprovide the infrastructure funding, such as a rail line from the basin to the port, as part of its Northern Australianinitiative.

The ABC reported Mr Palmer had approached the government for a $25 million loan and "a government guarantee forbanking facilities". Mr Palmer has denied making an application for assistance.

Queensland Executive Building, Level 2,100 George Street, Brisbane QLD 4000Government PO Box ISIBS, City East, QLD 4002


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Lachlan Smith

From: Media Reporters <mediarepoSent: Tuesday, 13 October 2015 6:32 PMTo: Bart Mellish; Ben Gertz; Garth Morgan; Jason Humphreys; Lachlan Smith; Martin

Philip; Scott Forbes; Andrew Morrissy; Claire Power; Eva Ford-Murphy (Treasury);External - Julia Sheedy; Margaret Smith (Treasury); Melanie Edgar (Treasury); MattHoran ([email protected]); Brendan Connell; Brendon Strong; ChrisTaylor; Kerryn Manifold; Kirsten MacGregor; Spencer Jolly; Anton Gallacher; JanMartin; Simon Zanatta; Media (DNRM); Paul Lynch; Tim De Jersey; AlexandraConnor (DSDIP); Andrew Evans (DSDIP); Edda Mwangi (DSDIP); Elspeth Costello(DSDIP); Gillian Tyrrell; Kathy English (DSDIP); Michael O'Meara (DLGP)

Cc: Angela Nutt; Gary Robertson; Jodi Staunton-Smith; Morgan Magee; Peter Taggart;Scott Dixon

Subject: ABC: Clive Palmer's Queensland Nickel in talks over $25 million Government loan

http://www.abc.net.au/news/2015-10-13/qld-government-to-considers-lending-25m-to-palmers-

companv/6850918?section=qld

Clive Palmer's Queensland Nickel in talks over $25million Government loanExclusive by the National Reporting Team's Mark Willacy and Dominique SchwartzUpdated 21 minutes ago

The Palaszczuk Government and one of Clive Palmer's key businesses, Queensland Nickel Pty Ltd,were in discussions about a potential $25 million loan to help the company, the ABC can reveal.

It is understood the Queensland Cabinet debated the issue during its weekly meeting yesterday, after aseries of correspondence between Treasury and Queensland Nickel Pty Ltd about a possible loan and aGovernment guarantee for banking facilities.

The office of Treasurer Curtis Pitt has confirmed the Government held discussions with Queensland Nickelabout the impact of the slumping world nickel price.

The company operates a nickel refinery at Yabulu, about 25 kilometres north of Townsville.

The plant was once owned by disgraced corporate high-flier Alan Bond. At its peak the refinery employed900 staff.

But a slump in the nickel price from just over $US13 a pound in early 2011 to $US4.77 a pound now islikely to have put pressure on the business.

"The market is well supplied with nickel," resources analyst David Lennox from Fat Prophets said.

"You throw in China slowing over 2015 and you can see why the nickel price has struggled."

Operations at the ageing Yabulu refinery had to be temporarily suspended last year after allegations itstailings dams overflowed, resulting in toxic sludge having to be channelled to a holding pond next to theGreat Barrier Reef Marine Park.

The Queensland Environment Department later investigated and charged Queensland Nickel with sixcounts of environmental breaches.

The matter is listed for a committal hearing in the Townsville Magistrates Court in early December. Thecompany is fighting the charges.

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'No application' for support has been made: PalmerQueensland Nickel has been the major donor to Mr Palmer's political party, the Palmer United Party (PUP).

During the 2013-2014 financial year, Australian Electoral Commission records show Queensland Nickelbankrolled PUP to the tune of $15.2 million.

The ABC contacted the businessman and federal member for Fairfax to ask if his company was seekingfinancial support from the Queensland Government.

Mr Palmer said "no application" for support had been made, but he acknowledged the Government "hadbeen in touch looking for information".

When asked what information the Government was seeking, Mr Palmer said "you'll have to ask them" andhung up.

A spokesman for Mr Pitt told the ABC the "State Government had held discussions with Queensland Nickelabout the effect the world nickel price is having on its Yabulu refinery".

But the spokesman did not answer questions about whether the discussion related to a possible loan.

He said the Government could make no further comment until Mr Palmer's company had made an officialpublic statement on the matter.

Asked whether the state would offer any funds to the company, Mr Pitt said "there's been no decision toprovide any assistance to Queensland Nickel".

Mr Pitt confirmed he had met with company representatives and Mr Palmer.

"Those discussions are commercial-in-confidence and it would not make me a very good treasurer if I wasgoing to discuss matters around a private company in a public forum."

The ABC understands the Palaszczuk Government wanted Mr Palmer's company to open its books beforeit would consider a loan, but that request was rejected. Talks between the two sides then broke down.

The Australian Workers Union (AWU) said it had been assured by Queensland Nickel managing director ofoperations Ian Ferguson that it is "business as usual".

AWU Northern District secretary Cowboy Stockholm said he has just had a meeting with Mr Ferguson whotold him that "all the hype is unfounded, everyone's jobs are safe" and that they would "soldier on".

Mr Stockholm said Queensland Nickel's refinery and port operations employ between 750 and 800workers.

In 2010, Mr Palmer rewarded his then 800-strong workforce at the nickel refinery with lavish gifts.

The Queensland Nickel website says he gave away 50 Mercedes Benz cars, 700 international holidays,and 50 weekends to the Sheraton Mirage at Port Douglas.

Mr Palmer acquired Queensland Nickel from BHP Billiton in 2009 when the plant was facing closure.

"It would have been a crushing blow to the workers and their families as well as the regional economy if ithad shut down," he said in 2010 after handing out the gifts to his workforce.

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P 07 3003 9151Queensland Executive Building, Level 2,100 George Street, Brisbane QLD 4000Government PO Box 15185, City East, QLD 4002


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Pages 303 through 320 redacted for the following reasons:- - - - - - - - - - - - - - - - - - - - - - - - - - - -Cabinet Matter - Sch.3(2)(1)(b) and Contrary to Public InterestContrary to Public Interest

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To: Curtis Pitt S E E A E L I R · 2017-10-23 · BRIEFING NOTE FROM Treasury FOR Treasurer, Minister for Employment and Industrial Relations Minister for Aboriginal and Torres Strait