Printmgr File
Total Page:16
File Type:pdf, Size:1020Kb
FORM 18-K/A For Foreign Governments and Political Subdivisions Thereof SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 3 to ANNUAL REPORT of QUEENSLAND TREASURY CORPORATION (registrant) a Statutory Corporation of THE STATE OF QUEENSLAND, AUSTRALIA (coregistrant) (names of registrants) Date of end of last fiscal year: June 30, 2010 SECURITIES REGISTERED (As of the close of the fiscal year) Amounts as to which Names of exchanges Title of Issue registration is effective on which registered Global A$ Bonds A$3,688,927,000 None (1) Medium-Term Notes US$ - None (1) (1) This Form 18-K/A is being filed voluntarily by the registrant and coregistrant. Names and address of persons authorized to receive notices and communications on behalf of the registrants from the Securities and Exchange Commission: Philip Noble Gerard Bradley Chief Executive Under Treasurer of the State of Queensland Queensland Treasury Corporation Executive Building Mineral and Energy Centre, 61 Mary Street 100 George Street Brisbane, Queensland 4000 Brisbane, Queensland 4000 Australia Australia EXPLANATORY NOTE The undersigned registrants hereby amend the Annual Report filed on Form 18-K for the above-noted fiscal year by attaching hereto as Exhibit (c)(ix) the Queensland Treasury Corporation’s 2011-12 Indicative Borrowing Program Update, as Exhibit (c)(x) an announcement entitled “Appointments to QTC’s Board” and as Exhibit (c)(xi) Queensland’s Budget Papers for 2011-12. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this annual report to be signed on its behalf by the undersigned, thereunto duly authorized, at Brisbane, Australia on the 6 day of July 2011. QUEENSLAND TREASURY CORPORATION By: /s/ Steven Tagg Name: Mr. Steven Tagg Title: Acting Chief Executive SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this annual report to be signed on its behalf by the undersigned, thereunto duly authorized, at Brisbane, Australia on the 12 day of July 2011. GOVERNMENT OF QUEENSLAND By: /s/ Andrew Fraser MP Name: The Honourable Andrew Fraser MP Title: Treasurer INDEX TO EXHIBITS Exhibit (c)(ix) - Queensland Treasury Corporation’s 2011-12 Indicative Borrowing Program Update. Exhibit (c)(x) - Announcement Entitled “Appointments to QTC’s Board” Exhibit (c)(xi) - Queensland’s Budget Papers for 2011-12. EXHIBIT (c)(ix) Queensland Treasury Corporation’s 2011-12 Indicative Borrowing Program Update MEDIAQUEENSLAND4July2011QTCQueenslandforThisrefinanceoverReviewInestablishestablishedFundsNextTheENDSForRichardMikeGPOTPAGE 07 light the further mid pageborrowing3842 reviewannouncesBOX Gibson raised 12011 of JacksonRELEASE OFyear liquid maturing for the46002010enquiries1096 seven Treasury 2of12 totalled furtherupdate withdrawalDirector QTCA$ estimatefinancial• Indicative11 TREASURYGeneralBRISBANEF new debtbenchmark 07 funding’ detailsofs$17 pleaseCorporation State borrowing3221 FundingQTC includesFunding year billion ofManager Borrowing Government) activity4122contact:the’s toQLD CORPORATIONbond borrowing Australian& includingbe $14requirementswill• (QTC) MarketsWWW $22 FundingAUSTRALIA linesbillion beProgram billion sourcedguaranteed guaranteed therequirement funding QTCGovernment Ph: &in QueenslandMarketsfornew following +61 QLD through 4001for2011funding (SGG)7 solelyGOVbond3842 for guarantee Ph:12 termtheGovernment 2011 byA$and 4775AU to+61 release debtthe meetbenchmark12 commercial 7 (AGG)Queensland 3842is and the of scheduled’s the commercialcapital4770 central for bond Queensland paper new State works for financing lines State maturities release paperGovernment toand Statedebt complement authorityasset issuance in issuance (seeBudget January procurement over Through and A on existing from2012 totalpage financial14 new1June of for requirementsJanuary AGG $2 change raisings 2011 risk3 billion maturities 2011 management (www in and facility has of QTC consolidations treasury the been across’ Queenslands outstandings) adviserfunding funded theqld yield gov in focusestimatesfrom public au)advance curve existin during sec its oftorg borrowing 2010 req AGG plusuirements11 bond $10 was requirement billion lines to (See QTC to QTCBorrowingNewCapitalFundingTotalRefinancingTermCommercialTOTALThe*Based123ChangesDomesticGlobalEuro**#PAGE Australian CommercialFundingIncludes includes 2011’ borrowings:mediums newrefinancing71debtraisings: 2AUD 2011 worksindexedon BORROWINGsourceinfacilityOF450 AUDnon12 borrowing5 the activitydetailsadvanceA$ QTCcapital of5002paperGovernment12 66AGG#indicativeterm andbenchmarkState 3nominal papermaturing ExpectedAGG#bondIndicativebond** 88030 758 funding 10 2011asset 200raisings:14 indexationmay noteJune of85Budget bond4 690200 11outstanding43 570700client 16bond borrowingbenchmarkprocurement12770vary (EMTN)PROGRAM800 2502011debt: 312 facilityraisingsGuaranteed1bond 500 Borrowing4970 Estimate 81015201020074019000 2borrowings13 depending A$M 1880025 720 230850330 3 30outstandings as85070011 2011690 3 program bond 3005903043at29 A$MMid 142 910Program(1 30 June22650920 upon12100 (360)5 (2880) A$YearJune (60)0002010500 Range300) is(23 20103 capital actualexpected over60015 2011Economic 800)11 (800) 000A$M % Mid2010 clientindexed Low to Changeyear11 andbeA$M requirements fundedbond Update Fiscal HighA$M and asUpdate * A$M otherA$M follows: the Statereleasedterm’ issuances fiscal on 28 position January and 2011 financial market conditions EXHIBIT (c)(x) Announcement Entitled “Appointments to QTC’s Board” 27QUEENSLANDMarketAPPOINTMENTSTheDeputyJuneFollowingMrglobalfinancialRegardsRichardGeneralWWW JUNE IdeBeavers Queensland 2015’ capital QTCsAnnouncementChairman JacksonManager extensivesolutions 2011 the Mr QLD market retirement ShieldsGovernor TREASURY ofFundingforGOV leadershipTO the funding their QTC BoardAU Msof in &clients John’ BrownSBOARD Council andMarketsexperience CORPORATION Alex Dawson financial and Beavers has Mr within approvedAM asset Ide and Neville join the and• BoardLEVEL four financialStephen liability Ide appointments members has14 Rochester riskservices 61been management MARY William appointed industry to (Chairman) the STREET (Bill) Queensland aincludes within MemberShields BRISBANE Marian treasury 30 Treasuryand of years Micalizzithe Gillian operations QTC inQLD Corporation the BrownBoard and4000 global asShauna for• were well financialT: Board the +61 aseach Tomkins four experience 7 including 3842markets reappointed years to 4600 fromcomplete leadingHe three• 1forF: has July reappointments+61 four extensive businessethe 2011 7 sevenyear 3221 to termss knowledmember 412230 focused June and from• geone 2015 QTC on 1 and Ju newoptimisingly Board experience 2011 appointment to 30 in EXHIBIT (c)(xi) Queensland’s Budget Papers for 2011-12 Budget SpeechState Budget 2011–12 Budget Paper No.1 2011–12 State Budget Papers 1. Budget Speech 2. Budget Strategy and Outlook 3. Capital Statement 4. Budget Measures 5. Service Delivery Statements Budget Highlights This suite of Budget Papers is similar to that published in 2010–11. The Budget Papers are available online at www.budget.qld.gov.au They can be purchased through the Queensland Government Bookshop – individually or as a set – by phoning 1800 801 123 or at www.bookshop.qld.gov.au © Crown copyright All rights reserved Queensland Government 2011 Excerpts from this publication may be reproduced, with appropriate acknowledgement, as permitted under the Copyright Act. Budget Speech Budget Paper No.1 ISSN 1445-4890 (Print) ISSN 1445-4904 (Online) APPROPRIATION BILL 2011 (Second Reading Speech, 14 June 2011) TREASURER The Honourable Andrew Fraser MP Treasurer and Minister for State Development and Trade APPROPRIATION BILL 2011 (Second Reading Speech, 14 June 2011) TREASURER The Honourable Andrew Fraser MP Treasurer and Minister for State Development and Trade Mr Speaker. I move that the bills now be read a second time. Mr Speaker, Queensland is about to prove the doubters wrong once again. This State Budget puts us right back where we belong – out in front. It is a Budget fuelled by reconstruction, but defined by optimism and opportunity. It provides the architecture for recovery – the recovery of local communities, and the recovery of our economy – as we rocket back to our rightful place out in front of the rest of the nation. Nothing beats Queensland, Mr Speaker. And this Budget proves the point. We’ve seen off the best the world can throw at us. Looked fear in the eye and never blinked. Queenslanders have stood their ground, and now the horizon stretches out before us. It is ours for the taking. This State Budget continues our enduring task – to confront change with courage, to shape a better, fairer and more prosperous Queensland. Today I present a Budget that speaks of who we are, and who we can be. It marches back towards surplus. It books the billions of dollars from our reform program. It meets the gigantic task of funding our reconstruction program, and it invests in a future we must grasp. It is, like us, confident about Queensland’s future. 1 An Economy hit by Natural Disasters Our community and our economy were hit hard by the natural disasters, and indeed the wet weather which preceded the floods. Our state has been smashed first by the brute and inhuman forces of global economics and then by the fury of Mother Nature. Through it all our confidence in our resilience, our fundamental strengths, our capacity to stand our ground and fight on has