Preceded by Ray Jones Role Politician | Name Keith Lacy Party Australian Labor Party | |
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Full Name Keith Ernest De Lacy Born | ||
Political party Australian Labor Party | ||
CMSF09 P4 THE CHAIRMAN'S LOUNGE
Keith Ernest De Lacy, AM (born 7 August 1940) is a former Australian politician.
He was born at Cairns and received a Bachelor of Arts from the University of Queensland. He held various jobs, including as a miner, tobacco farmer, newsagency proprietor, college principal and consultant, as well as serving in the Citizen Military Forces from 1958 to 1959. In 1970 he joined the Australian Labor Party's Cairns branch, and in 1983 he was elected to the Queensland Legislative Assembly as the member for Cairns. In 1986 he became Opposition Spokesman on Primary Industries, moving to Finance and Regional Development in 1988. Following Labor's victory at the 1989 state election, De Lacy became Treasurer and Minister for Regional Development. He retired from the Regional Development portfolio in 1990 but remained Treasurer until the government's resignation in 1996. De Lacy retired in 1998.
After politics De Lacy went on to Chair Macarthur Coal which was taken over by Peabody Energy in 2011. Peabody Energy filed for Chapter 11 bankruptcy in April 2016.
De Lacy also Chaired Nimrod Resources which saw great focus on it when federal government minister Stuart Robert resigned from the Ministry after it was found that he held shares in a company that owned 35 per cent of Nimrod Resources and that he had in August 2014 attended an event in Beijing, China, at which a mining deal between Nimrod Resources and Chinese state-controlled corporation China Minmetals was signed.
De Lacy was chairman of Australia’s most valuable farm, Cubbie Station when it went into administration in 2009.
De Lacy was also Chair of Trinity group which made a $220 million loss in 2009. Trinity group later changed name to Unity Pacific in 2014 and was de-listed from the ASX in 2016.
De Lacy also chaired CEC Group which collapsed in 2011.
De Lacy was also a director of Shale-oil company QLD Energy Resources Limited
In 2016 De Lacy wrote an article for The Australian in which he stated that "Solar and wind simply don't work, not here, not anywhere." He was described at the bottom of the article as the "former Labor treasurer of Queensland", however his positions in and relationships with fossil fuel companies were not disclosed.