A former luxury car sales supremo has emerged as the new owner of a sprawling horse stud in the hills of Maleny renowned as one of the country s finest equestrian properties. Queensland Titles Registry documents revealed Lambhill Pty Limited - directed by luxury car dealership boss Greg Willims - as trustee for The Willims Final Discretionary Trust, had taken ownership of a Mountain View Rd, Maleny property known as Montana Park. The fee disclosed under consideration in the documents showed $6.1 million for the stunning 42ha property which sold for $7 million back in 2009. Greg Willims, then-Dealer Principal of Audi Centre Brisbane back in 2009.
Queensland s $5.6b Future Fund might just be interest-only
Jan 11, 2021 – 12.01am
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The Palaszczuk government s $5.6 billion Future Fund – established to tackle Queensland s debt which is due to top $130 billion over the next four years – will be mostly used to pay the $3 billion annual interest bill.
While Treasurer Cameron Dick has promised the long-awaited fund will be created by the end of this financial year, it remains unclear how much debt the fund will actually pay off.
Treasurer Cameron Dick said Queensland s debt was not as bad as NSW or Victoria.
Attila Csaszar
But a Queensland Treasury spokesman has confirmed the returns from the investments – which will be made by the state-owned Queensland Investment Corporation – will be high enough to pay for the cost of the state s debt .