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Newcastle Herald
Newcastle Herald
Business
Matthew Kelly

Potential $4.3 billion compensation payout over port privatisation deals

Daniel Mookhey NSW Ports Newcastle the Port of Newcastle Port of Newcastle
A confidential agreement prevents the growth of a container terminal in Newcastle. Picture: Simone De Peak

Details of the top secret port commitment deed between the state government, NSW Ports and the Port of Newcastle will be revealed in parliament on Thursday.

It comes as new treasury modelling has revealed the privatisation of the state's ports has left the taxpayers saddled with a potential liability of between $600 million and $4.3 billion.

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