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The Opposition says timing is another reason for the State Government to call off this year's planned float of Queensland Rail's (QR) coal business.
The head of the Queensland Investment Corporation (QIC) says the asset should be privatised but that the market is deteriorating.
Opposition spokeswoman Fiona Simpson says that means the time is not right.
"They can definitely pull this sale off," she said.
"They've been in trouble in that they've been before the courts for misleading their workers.
"It's time for them to kill this asset sale of Queensland Rail.
"It's wrong, it's wrong, it's wrong - not only for the structure, for the reason, but also for the timing."
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