Statements
Sue Hickey seeks $5m loan Glenorchy City Council
Speaker and Denison Liberal MP Sue Hickey wants the state government to urgently lend $5 million to the Glenorchy City Council.
Ms Hickey said on Monday night that she had written to the Premier and Treasurer, seeking the loan after extensive discussions with Glenorchy Mayor Kristie Johnson about the council’s “dire financial position.”
“This loan will allow the newly elected council to repair the financial integrity of the City’s finances, whilst at the same time keeping rate rises to a level that people can afford,” Ms Hickey said.
“The loan for $5m should be for 10 years and repayments would only start in the 2019-20 financial year.
“The loan should be interest free … ”
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