George Christensen backs $1bn federal loan for Adani railway line

But an analyst warns that it is not clear which part of the sprawling Indian conglomerate would receive the moneyThe conservative backbencher George Christensen has backed the idea of the controversial mining company Adani getting a $1bn loan from the Turnbull government for a rail line in his Queensland electorate.But an analyst has warned the government would have to conduct strict due diligence to ensure the loan was not funnelled through the Cayman Islands tax haven. Continue reading...