IPART has determined the value of a one-off compensation payment that can be made by the Port of Newcastle to the State of NSW. We have determined the value of this payment is $10.12 million (in 2014 dollars).
This information paper accompanies our determination of the relevant compensation under the Port of Newcastle (Extinguishment of Liability) Act 2022 (the Act).This Information Paper details:what we were required to do for this reviewthe informatio
IPART has determined that the current value of a one-off compensation payment that can be made by the Port of Newcastle to the State of NSW is $13 million.If the one-off payment is made, it will remove the Port of Newcastle’s liability to reimburs