Seeney, who has stepped down to allow a new leadership team to emerge for the headless Liberal National Party, was doubtful that big projects like Adani’s Carmichael coal project in the Galilee Basin and the upmarket Queen’s Wharf development in Brisbane will survive under a minority government.

According to the Daily Mercury, he said the Carmichael project was “history” and would be part of LNP’s legacy.

"Certainly the Galilee Basin will never happen under a Labor Government, there is no question about that," he said.

"What a minority government might do with Queen’s Wharf and the Galilee Basin and a whole lot of infrastructure projects is an enormous uncertainty. And that's a tragedy for the international investment community."

While the Campbell government agreed to invest in Adani’s proposed railway line to link the Galilee Basin project to Abbot Point, the Indian conglomerate’s Australian subsidiary said it would work with any government to develop the $16.5 billion mine.

Curtis Pitt, who was shadow treasurer during the election campaign, said the party’s position was to support Galilee Basin development but it will not spend taxpayer’s money on project components.

Meanwhile, former One Nation party leader Pauline Hanson’s prospects of winning the LNP-held seat of Lockyer are surging as preference votes are counted.

If successful she will join independent member of parliament Peter Wellington and two Katter's Australian Party MPs on the cross bench.

“But the result continues to fluctuate, leaving Labor reluctant to claim victory and the LNP hopeful it may sneak back into government, with Katter and possibly Ms Hanson's support,”The Brisbane Times commented yesterday.