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The Guardian - AU
The Guardian - AU
National
Tamsin Rose NSW state correspondent

NSW could be forced to pay up to $4.3bn compensation if Newcastle becomes container port, modelling shows

The Port of Newcastle
The Port of Newcastle. New modelling shows how much NSW could be forced to pay in compensation if Newcastle becomes a container port. Photograph: Darren Pateman/AAP

The New South Wales government could be forced to pay up to $4.3bn in compensation if Newcastle becomes a container port, after it was privatised a decade ago along with two other major ports.

The government will on Thursday reveal the contracts used in the sales of Port Botany and Port Kembla in 2013 and the sale of the Port of Newcastle the following year, as well as modelling commissioned on the northern port’s plan to develop container abilities.

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