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    Media Statements

    Coat of ArmsMedia Release
    JOINT STATEMENT
    Deputy Premier, Treasurer and Minister for Aboriginal and Torres Strait Islander Partnerships
    The Honourable Jackie Trad
    Minister for Natural Resources, Mines and Energy
    The Honourable Dr Anthony Lynham

    Friday, December 20, 2019

    Statement by Shareholding Ministers in Seqwater and SunWater

    JOINT STATEMENT

    Deputy Premier, Treasurer and Minister for Aboriginal and Torres Strait Islander Partnerships
    The Honourable Jackie Trad

    Minister for Natural Resources, Mines and Energy
    The Honourable Dr Anthony Lynham

    Friday, December 20, 2019

    Statement by Shareholding Ministers in Seqwater and SunWater

    The 2011 floods had a devastating impact on Queenslanders.

    The floods class action was heard in the NSW Supreme Court and the decision was undoubtedly a defining moment for the thousands of impacted families and businesses.

    Seqwater and SunWater are public entities overseen by independent boards and each has its own insurance policy.

    The relevant insurance companies now have a legal right to determine their next steps.

    If a Ministerial Direction to Seqwater or SunWater to not appeal the court decision could be given, it would not bind their insurers and it may compromise their insurance policies.

    The Queensland Government has already announced it will not appeal the NSW Supreme Court decision, and it now calls upon the insurers of Seqwater and SunWater to do the same.

    Media Contact:

    Deputy Premier's Office: Geoff Breusch 0417 272 875

    Minister Lynham's Office: Jan Martin 0439 341 314