The recent revelation that AirTrain, Brisbane's airport shuttle service, has been paying zero income tax to Australia while parking its assets overseas has sparked outrage among Queenslanders. This is a particularly sensitive issue as it comes to light just before the 2032 Olympics, where AirTrain will be the primary public transport option for international visitors. The Greens MP, Michael Berkman, has accused AirTrain's owner, USS Axle, of setting up complex financial arrangements to dodge tax, which is a significant concern for the state government and its citizens.
One of the most intriguing aspects of this situation is the exclusivity deal AirTrain has with the state government, which prohibits any other form of direct public transport to the airport until 2036. This means that Queenslanders have limited options when it comes to getting to the airport, and they are forced to pay a premium for the AirTrain service. The current fare of $23.30 per person is significantly higher than the 50-cent fare that Queenslanders would have to pay if the service were nationalized.
The potential nationalization of AirTrain is a complex issue that raises several questions. Firstly, the state government's offer to buy back the service for $45 million is a significant amount of money, and it is unclear whether the owners of USS Axle will accept this offer. Secondly, the potential legislative action to force the nationalization of AirTrain on the grounds that it is an unacceptably bad deal for Queensland is a bold move that could have significant implications for the state government's relationship with the private sector.
From my perspective, the nationalization of AirTrain is a necessary step to ensure that Queenslanders are not being ripped off by private corporations. The current situation is a clear example of how private companies can exploit public infrastructure to the detriment of the public. By nationalizing the service, the state government could reduce the fare to 50 cents and extend the Gold Glider bus line into the airport, which would provide a more affordable and efficient public transport option for Queenslanders.
In my opinion, the state government should take a strong stance on this issue and nationalize AirTrain as soon as possible. This would send a clear message that Queenslanders will not be held to ransom by private corporations, and it would provide a more equitable and sustainable public transport system for the state. The potential benefits of nationalization far outweigh the costs, and it is a necessary step to ensure that Queenslanders are not being exploited by private companies.
