All public transport facilities that are part of the active service should be State Govt owned. Stops, signage, bike parking. Where things like the busway or Light Rail crosses a Council road it should be still be State owned. I assume the Light Rail ROW on Gold Coast is State owned.
Yes it is, because it was funded primarily by the Queensland Government, unlike the Brisbane Metro changes to the Cultural Centre which has been solely funded by BCC, and the new tunnel alignment which BCC is providing.