Until last weekend, when Australia re-elected a conservative government, India's Adani Group had effectively been held hostage by anti-coal activists and civil servants working for the State Government in Queensland. What followed this week has stunned political observers and delighted Adani in Australia, particularly its local chief executive, Lucas Dow. Without acknowledging her position as the leader of the Labor Party in Queensland Palaszczuk said she'd had "a gutful" of delays by her own government's approvals process. Only a politician sniffing the wind of change could have turned so quickly from being the person in charge of a perpetual approvals process to the person wanting it accelerated. Morrison, in blunt advice to the Queensland Premier, said she should just "get on with the approvals process" because of its importance to Australia's future relationship with India.
Source: Forbes May 24, 2019 09:30 UTC