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Tag Archives: NuCoal

NuCoal seizure by NSW casts pall over US tariff talks

The NSW government’s expropriation of US-owned assets worth $131 million threatens to complicate Australia’s efforts to be exempted from threatened tariffs on imports of steel and aluminium. The expropriation by NSW was raised by the Americans during last month’s talks in Washington between Trade Minister Steve Ciobo and US Trade ...

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ICAC ruling puts a criminal cloud over ministerial discretion

At least one member of the NSW parliament has twigged to the implications of last year’s conviction of former Labor minister Ian Macdonald for misconduct in public office. The Liberal Party’s Peter Phelps spelled out those implications on Tuesday in a statement to the state’s upper house that should send ...

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Barry O’Farrell victim looks to Trump for NuCoal redress

The welfare of a wheelchair-bound girl in Newcastle might not have been a priority for the NSW government when it expropriated coal exploration licences four years ago. But there is a growing view that it should have been. When that decision was made, it was portrayed by former premier Barry ...

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The Hon Dr Peter Phelps – Speech in Parliament (06/03/2018)

Personal explanation: OPERATION ACACIA The Hon. Dr PETER PHELPS ( 15:08 ): By leave: On 14 February in this place I made a speech in relation to Mr Ian Macdonald, the granting of the Doyles Creek exploration licence and what I saw as the malfeasance of the Independent Commission Against Corruption in relation to ...

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Joel Fitzgibbon backs shareholders who lost money in NuCoal case

Federal Labor’s Joel Fitzgibbon made a brief but very important intervention in the NuCoal affair this week that highlights the unjust treatment of that company’s shareholders. When the NSW Coalition government accepted ICAC’s recommendation and expropriated NuCoal’s exploration licence in 2014 it rejected an associated call for innocent parties to ...

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ICAC’s secret government talks

The NSW Independent Commission Against Corruption has been authorised by law to engage in undisclosed communications with the state government during the course of its inquiries, according to a draft report to state parliament. The draft report, which has been prepared by ICAC Inspector Bruce McClintock SC, rejects accusations of ...

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Speech in the Federation Chamber by Joel Fitzgibbon (27/02/18)

Mr FITZGIBBON (Hunter) (16:06): I rise today in support of the 500 people in my electorate who had shares in the listed company NuCoal. People will be surprised by me raising the issue of NuCoal, because members would know NuCoal bought a mining lease in my electorate from a now discredited ...

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US disputes $131m coal seizure by NSW

Australian officials have been involved in confidential talks with the US aimed at heading off a formal trade dispute over the confiscation by NSW of US-owned assets worth $131 million. Unless the affair is resolved, Australia could come under pressure from the Trump administration to agree to international arbitration aimed ...

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