SEQ councils want $6b in compensation but Bligh doesn't have it ...

Excerpt from the Courier Mail:

5 October 2007

Southeast Queensland councils are seeking $6 billion in compensation from the state government for a takeover of their water assets - $4 billion more than what is on offer.

The region's Council of Mayors today demanded the "fair compensation" following an independent valuation of the infrastructure.

The state government in May announced plans to take over the water assets of south-east councils as part of major water reforms.

Former premier Peter Beattie had agreed to compensate them up to $2 billion.

See - Bligh told to stump up cash for water assets.

Don't ask QWC head honcho Nosworthy for it, she's up to her eyeballs with problems as Chairwoman of Commander Communications which is struggling to survive.

See - Commander faces $150m sell-off.

Also see - Nosworthy - Chairwoman of Commander Communications.