Friday, 25 May 2018

Labor Slam Spending on 'Port Rort' Deal

BY XANTHE GREGORY

State Labor is criticising the amount of money spent by the Liberal government during negotiations to block a container terminal in Newcastle.

The opposition says $75,000 of public money was given to bankers, lawyers, accountants and PR experts working on the privatisation of Port Botany and Newcastle Port in 2013.

The ACCC are investigating whether the so-called secret deal deliberately prevents the Port from building a container terminal in Newcastle for 98 years.

Shadow Minister for the Hunter, Kate Washington says "The ACCC is investigating this dodgy deal to investigate restrictive trade practices."

"Millions are spent on projects but this money was spent stifling our economy. Essentially, tax-payer money has been spent to put a hand-brake on our economy and stifle the opportunity that we know is in the Hunter," she said.

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