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Newcastle Herald
Newcastle Herald
Matthew Kelly

Historic moment: Port of Newcastle pays $13m compensation bill

Port of Newcastle Newcastle The Port of Newcastle Craig Carmody Greg Piper Roy Green
The Port of Newcastle is now free to build a large-scale container terminal.

The Port of Newcastle is now free to progress its plans to build a large-scale container terminal after paying $13million compensation to the state government.

The one-off payment, made on April 30, was required under the Port of Newcastle Extinguishment of Liability Act 2022 (NSW), which passed through parliament in late 2022.

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