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Wednesday, 29 October 1997
Page: 10160


Mr KATTER(7.57 p.m.) —Continuing on from where I left off today in the debate, it is very important to bring before the House a schedule/enlarged panel/additional page, form 20, version 1 of the QIDC loans in Queensland. I will quote from this loans document, which you sign when you borrow money from QIDC. At section 10, it reads:

10.   DEFAULT

10.1   Events of Default

If any of the following events or circumstances occurs, it constitutes an Event of Default:

Paragraph (s) reads:

. . . significant environmental problem of land right claim.

Then we move to paragraph (s)(i)(D):

(D)   a claim is made in respect of actual or alleged land rights . . .

This is a very serious document.


Mr DEPUTY SPEAKER (Mr Nehl) —Is the member for Kennedy speaking about the legislation which has been dealt with this evening?


Mr KATTER —No, I am raising a new point which I wish to bring before the House.


Mr DEPUTY SPEAKER —I advise the member that he would be out of order were he to try to do so.


Mr KATTER —Yes, I know exactly the point that you are making. I understand, Mr Deputy Speaker; I have been around for a long time. The significance of this document is that any pastoral lease owner borrowing money from the biggest agricultural lender in Queensland, the QIDC, will be automatically in default at the discretion of the bank if, in fact, a native title claim is upheld by a court or any other tribunal. For those people who claim that there are not serious ramifications for pastoral lessees on account of the situation that exists, then all I can do is refer them to that document.

In addition to that, I raise again the issue of the deed- of-grant areas in Queensland. There are some seven million acres—or near enough to it—in Queensland that belong in what are called the deed-of-grant-in-trust areas in Queensland. They were once Aboriginal reserves and missions. In legislation that I passed, the ownership of those areas was vested in the local shire council. They are called community councils; they are councils for the Aboriginal community and are exactly the same as any other shire council in the state of Queensland but with a little more extensive powers.  The ownership of that land was vested in those people.

In a dreadful piece of legislation which precipitated the worst rioting in Queensland parliamentary history, the incoming Goss government overturned that legislation and vested ownership of that seven million acres effectively in the government.


Mr DEPUTY SPEAKER —Order! It being 8.00 p.m., the House stands adjourned.