LNP’s Newman to explain private finances

Liberal National Party leader Campbell Newman is expected to explain on national television how he intends to manage his personal finances if he becomes Queensland premier.

With two weeks until the Queensland election, Mr Newman on Saturday told reporters he would be making a “significant announcement” on Channel 10’s Meet the Press on Sunday to address questions about his personal financial dealings and family business interests.

Labor, which will launch its official Queensland election campaign in Brisbane on Sunday, has repeatedly raised concerns about Mr Newman’s interactions with developers during his time as Brisbane’s lord mayor and his “increasingly tangled web” of financial interests.

“I have never done anything wrong, neither has my wife, nor my family, but tomorrow you will hear a lot more,” Mr Newman said.

He said a declaration of his personal finances was available online and he had been cleared of any wrongdoing on more than one occasion by Queensland’s corruption watchdog.

Mr Newman blamed “Labor’s campaign of smear and innuendo” for two unfavourable poll results this week. The polls showed Labor incumbent Kate Jones would retain the west-Brisbane seat of Ashgrove if an election were held now.

A Galaxy Poll, published on Saturday, had Ms Jones winning on a two-party preferred basis with 51.5 per cent of the vote compared with Mr Newman’s 48.5 per cent.

ReachTEL on Tuesday showed Labor leading 50.7 to 49.3 per cent.

While the LNP needs a uniform swing of 4.6 per cent to form government, Mr Newman needs 7.1 per cent to wrest Ashgrove from Ms Jones.

“It was important for me as a leader to go for a seat that was difficult and I always said it was going to be a challenge,” Mr Newman said.

Mr Newman, who has been leading the LNP from outside parliament, ruled out being parachuted into another seat after the March 24 election if the LNP won government but he failed to claim Ashgrove.

“I will return to the private sector and pursue another career,” he said.

Premier Anna Bligh said the polls showed it was “no longer just a theory” that the state could be without a clear premier if the LNP won government but Mr Newman lost in Ashgrove.

“It’s time for the Liberal National Party and Campbell Newman to tell Queenslanders what their alternative plan is,” Ms Bligh told reporters in Brisbane’s north.

The LNP has so far refused to reveal its “leadership plan B”, and on Saturday federal Opposition Leader Tony Abbott reiterated the party line.

“I don’t believe there will be a change of government in Queensland unless Campbell Newman wins his seat,” he told reporters in Sydney.

Deputy Prime Minister Wayne Swan also weighed in on the debate.

“I know that there are plenty of very bitter entrenched interests within the Liberal Party who will be fighting over that (the leadership) to the bitter end,” he told reporters in Brisbane.

Mr Swan said Labor had put its federal leadership woes behind it, with Prime Minister Julia Gillard and former foreign minister Kevin Rudd both expected to support Ms Bligh at the Queensland campaign launch.

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