RISKS FOR AUSTRALIA
Adani unfairly profiting from special deals at the expense of local communities is already a problem for Australia. Adani have been given special treatment from Australian governments on multiple occasions.
The Queensland Labor government recently introduced stricter water laws but made one company exempt — Adani. They gave Adani free and unlimited access to Queensland's groundwater.
The Queensland government have also been negotiating a 'royalty holiday' deal with Adani, whereby Adani will pay reduced royalties to the state of Queensland for the coal they export to India. This deal was still being negotiated after an Adani lobbyist had started working on Queensland Premier Palaszczuk's election campaign -- a blatant conflict of interest. Adani's special royalty deal could result in $320 million worth of lost revenue for the state of Queensland. Adani's tendrils into Australian politics run deep. Adani has hired former political staffers from both major parties to lobby for the Carmichael mine.
When Prime Minister Turnbull visited Adani CEO Gautam Adani in April 2017 he promised him he would 'fix' Australian Native Title law to override the rights of the Wangan and Jagalingou Traditional Owners and ease the passage of Adani's mine. The Native Title legislation was changed in Adani's favour in June.
The willingness of state and federal governments to make Adani exempt from rules, and change laws to their benefit, is a serious concern for our democracy.