Adani activists target Malcolm Turnbull's Sydney home

Dozens of anti-Adani protesters have gathered at a beach near Malcolm Turnbull's Sydney home, rallying against public funding for mining.

Stop Adani protesters rally on the beach near Malcolm Turnbull's home in Sydney's Point Piper.

Stop Adani protesters rally on the beach near Malcolm Turnbull's home in Sydney's Point Piper. Source: AAP

Dozens of anti-mining protesters have targeted Prime Minister Malcolm Turnbull's Sydney home to rally against taxpayer funding for the Adani coal mine.

Activists chanted, waved placards and threw beach balls at the colourful Stop Adani rally, held at Lady Martins Beach in Point Piper on Sunday morning.
Adani protest
Source: AAP
The group says the government is exploring the possibility of using the Export Finance and Insurance Corporation (EFIC) to help the Indian mining giant's project.

It comes after Queensland Premier Annastacia Palaszczuk vetoed an almost $1 billion concessional loan through the Northern Australia Infrastructure Facility.

Businessman Geoff Cousins, a neighbour of Mr Turnbull's, said the lobby group was responsible for Ms Palaszczuk's decision and pledged to also stop the "back door" EFIC method.
Lady Martin's Beach, in Sydney's Point Piper.
Lady Martin's Beach, in Sydney's Point Piper. Source: AAP
"Not only because that mine will greatly affect the (Great) Barrier Reef and contribute enormously to global warming ... but also because Adani itself is a corporation rotten to the core," he told the crowd.

After a similar protest at the Gold Coast office of Steve Ciobo this week, a spokesman for the Tourism Minister dismissed the suggestion about EFIC as "complete rubbish".

"The minister can not 'order' EFIC to fund loans to resources companies on its commercial account," the spokesman told AAP.

"He can not order them to fund anything on the commercial account - it's completely at arms length. And there are no proposals for Adani to receive funding on EFIC's National Interest Account."


Share
2 min read

Published

Updated



Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world
Adani activists target Malcolm Turnbull's Sydney home | SBS News