Union gears up to protect entitlements as Queensland Nickel is placed into voluntary administration

9 years, 2 months ago

Union gears up to protect entitlements as Queensland Nickel is placed into voluntary administration

ABC

Queensland Workers' Union leaders say they will fight for the rights of workers at Queensland Nickel after it was placed into voluntary administration earlier today. Clive Palmer's nickel and cobalt refinery at Yabulu, north-west of Townsville, announced the news this morning, just days after the company sacked 237 workers, citing low commodity prices and lack of government support. Administrators FTI Consulting will conduct an independent assessment of Queensland Nickel's finances, and the company will meet with the Department of State Development this afternoon. Australian Workers' Union state secretary Ben Swan said he hoped the company could continue trading and keep the remaining 550 employees in work.

Workers Company Queensland Swan Nickel Townsville Queensland Nickel gears nickel voluntary entitlements continue company swan placed protect state administration union workers queensland whats townsville

History of this topic

Clive Palmer says he is not responsible for paying Queensland Nickel workers' entitlements

9 years, 2 months ago

Clive Palmer says he is not responsible for paying Queensland Nickel workers' entitlements

ABC

Clive Palmer says he is not personally responsible for paying out the entitlements of Queensland Nickel workers made redundant before the company went into voluntary administration. The company, which donated more than $20 million to Palmer United Party, went into voluntary administration last week and the administrators have so far refused to pay the entitlements of the 237 workers laid …

Queensland Nickel: Assistance coming to 237 workers already sacked from refinery, MP Ewen Jones says

9 years, 2 months ago

Queensland Nickel: Assistance coming to 237 workers already sacked from refinery, MP Ewen Jones says

ABC

Queensland MP Ewen Jones has indicated that the Federal Government will announce some form of assistance for workers at Queensland Nickel today. Key points: MP Ewen Jones says Government will announce assistance for Queensland Nickel workers Premier Annastacia Palaszczuk will hold crisis meeting in Townsville today Nine Townsville port workers among those sacked from refinery, AWU says Mr Jones has …

Clive Palmer's Queensland Nickel goes into voluntary administration

9 years, 2 months ago

Clive Palmer's Queensland Nickel goes into voluntary administration

ABC

Clive Palmer's Queensland Nickel has gone into voluntary administration, company directors have announced. Key points: FTI Consulting appointed to manage Queensland Nickel's operations as voluntary administrators Queensland Nickel will continue to trade while the company's financial position is assessed 237 workers sacked; move blamed on low nickel prices and State Government's refusal to guarantee a $35m loan FTI Consulting has …

Discover Related

Ipswich residents face delays to bin collections as union pay dispute with council continues

3 months, 1 week ago

Ipswich residents face delays to bin collections as union pay dispute with council continues

ABC

Residents in the south-east Queensland city of Ipswich could be forced to deal with smelly, overflowing bins over the Christmas break as a pay dispute between unions and the council continues. Transport Workers Union organiser Josh Millroy said continuing action meant 90,000 more bins could remain full until after Boxing Day if the council didn't budge on its pay offer. …

Workers Pay Union Council Residents Cent Bin

Woolworths says workers still blocked from returning to Melbourne distribution centre

3 months, 2 weeks ago

Woolworths says workers still blocked from returning to Melbourne distribution centre

ABC

Woolworths says staff are still being prevented from working at a distribution centre in Melbourne's south-east despite a court win yesterday. Speaking outside the distribution centre on Saturday, UWU national secretary Tim Kennedy said he was not aware of anyone attempting to stop workers from entering the site. On Friday, Woolworths had a court victory against the United Workers Union, …

Dispute Work Workers Union Centre Fair Members

Ravensthorpe nickel mine to cut 30 per cent of workforce as mining suspended amid weaker metal prices

1 year, 2 months ago

Ravensthorpe nickel mine to cut 30 per cent of workforce as mining suspended amid weaker metal prices

ABC

The owner of the Ravensthorpe nickel operation on Western Australia's south coast says it will suspend mining and cut 30 per cent of its 420-strong workforce. Key points: The Ravensthorpe nickel mine, 150km west of Esperance, is cutting jobs and suspending mining due to weaker metal prices The mine owner, Canada's First Quantum Minerals, expects to restart mining when prices …

Mining Nickel 30 Per Cent First Quantum Minerals Ravensthorpe First Quantum Weaker Metal Prices

Hundreds of miners leave South Africa gold mine after being underground for 3 days in union dispute

1 year, 5 months ago

Hundreds of miners leave South Africa gold mine after being underground for 3 days in union dispute

Associated Press

SPRINGS, South Africa — Hundreds of miners who spent three days underground because of a union dispute left a gold mine in South Africa on Wednesday, mine officials and the union at the center of the standoff said. More than 100 miners who police and mine officials said were held against their will by fellow employees of the mine near …

Africa South Africa Workers South Officials Miners Underground

HMRC workers ‘up for the fight’ as they strike over pay

1 year, 10 months ago

HMRC workers ‘up for the fight’ as they strike over pay

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Ten per cent was the initial pay claim but …

Pay Cost Members Civil Servants Newcastle Hmrc 13 Years

Unions to take Qantas to High Court over COVID-19 pandemic sick leave for workers

4 years, 3 months ago

Unions to take Qantas to High Court over COVID-19 pandemic sick leave for workers

ABC

Unions representing Qantas workers will go to the High Court seeking to overturn a ruling that employees are not entitled to sick leave or compassionate leave while they were stood down during the COVID-19 pandemic. Key points: Qantas is being taken to the High Court by four unions on whether it must pay stood down airline workers sick leave The …

High Court Court Workers Union High Covid Qantas

Outsourcing Qantas jobs is 'un-Australian', say workers, as they make last-ditch bid to save more than 2,000 positions

4 years, 4 months ago

Outsourcing Qantas jobs is 'un-Australian', say workers, as they make last-ditch bid to save more than 2,000 positions

ABC

Kym Meyer has worked as a Qantas baggage handler for 18 years and never thought he would be in the position of bidding for his job. Key points: Qantas is outsourcing 2,100 ground worker jobs such as baggage handling and cleaning to cut down costs Accounting firm EY has been working on an in-house bid on behalf of Qantas workers …

Safety Pandemic Jobs Work Workers Qantas Sydney

Clive Palmer settles with biggest creditor in $200m Queensland Nickel lawsuit

5 years, 7 months ago

Clive Palmer settles with biggest creditor in $200m Queensland Nickel lawsuit

ABC

Billionaire Clive Palmer has reached a settlement with the biggest creditor in a $200 million lawsuit over the collapse of his ill-fated Queensland Nickel venture. In a breakthrough, during week three of a nine week trial, barrister Shane Doyle QC — acting for the government-funded liquidators — told the Supreme Court in Brisbane that a "resolution" had been reached on …

Million Lawsuit Clive Palmer Queensland Nickel

Clive Palmer paid $1 for Queensland Nickel before its collapse, liquidator tells court

5 years, 8 months ago

Clive Palmer paid $1 for Queensland Nickel before its collapse, liquidator tells court

ABC

Clive Palmer paid just $1 for his Queensland Nickel business seven years before it collapsed over fatal cashflow problems, a liquidator has told a court in Brisbane. Key points: Kelly Anne-Trenfield, one of the liquidators suing Mr Palmer and his companies, brought up the $1 price tag in cross-examination Administrators and liquidators of QN have denied repeated suggestions by Mr …

Court Companies Paid His Companies Liquidator Administrators Liquidators

Former Queensland Nickel worker complains to ATO after payout results in tax debt

5 years, 8 months ago

Former Queensland Nickel worker complains to ATO after payout results in tax debt

ABC

A former Queensland Nickel refinery worker says she has made a complaint to the Australian Taxation Office over her entitlement payment from the company funded by businessman Clive Palmer. Key points: The former QN worker said on her PAYG summary the payment was being treated as a salary rather than a redundancy She has opened a tip-off form to the …

Tax Payments Employees Payment Palmer Worker Pwc

The Tech Startup Helping Millennial Workers Take On Bad Bosses

6 years, 10 months ago

The Tech Startup Helping Millennial Workers Take On Bad Bosses

Huff Post

LONDON — Nat Whalley launched her startup after seeing two friends get made redundant at their jobs when they were pregnant. “You look at union membership going off a cliff, workers’ rights being screwed, Brexit on the horizon,” Mohammed said. “Now we’ll go back to our 400 River Islanders and see if things have changed,” Mohammed added, saying that both …

London Workers Trade Union Union Think Mohammed Huffpost

Clive Palmer approved $170m in payments from Queensland Nickel to himself, family, documents reveal

7 years, 2 months ago

Clive Palmer approved $170m in payments from Queensland Nickel to himself, family, documents reveal

ABC

Clive Palmer retrospectively approved more than $170 million in payments from Queensland Nickel to himself, family and his corporate interests during two meetings late last year, which he chaired himself, court documents have revealed. Mr Palmer's company Queensland Nickel collapsed in early 2016 with $300 million in debts, leaving more than 800 people out of work. Palmer approved and ratified …

Payments Million Queensland Palmer Mr Palmer Clive Palmer Queensland Nickel

NT Government and public servants union go head to head over 'dud' wage offer

7 years, 4 months ago

NT Government and public servants union go head to head over 'dud' wage offer

ABC

The Northern Territory Labor Government is making a "dud" wage offer to thousands of NT public servants while at the same time taking too long to fulfil its election promise to cut highly-paid executive-level positions, says the union representing public sector workers. The Community and Public Sector Union conducted a poll a few weeks ago and said that 84 per …

Government Public Mccarthy Cut Offer Executive Densley

Queensland Nickel liquidators launch $106 million lawsuit against Clive Palmer's company Mineralogy

7 years, 11 months ago

Queensland Nickel liquidators launch $106 million lawsuit against Clive Palmer's company Mineralogy

ABC

Liquidators of Clive Palmer's failed Queensland Nickel company are suing one of the mining magnate's other businesses to recover $106 million. Queensland Nickel liquidators, FTI Consulting, are trying to claw back missing funds, turning their attention towards another Palmer-owned company, Mineralogy Pty Ltd. For large periods between 2009 and 2015, Mr Palmer was the sole director of Queensland Nickel, and …

Queensland Palmer Liquidators Million Lawsuit Mr Palmer Mineralogy Queensland Nickel

Queensland Nickel ex-director Clive Mensink misses court

8 years, 1 month ago

Queensland Nickel ex-director Clive Mensink misses court

ABC

Former Queensland Nickel director Clive Mensink failed to turn up to be cross-examined over the company's collapse, risking an arrest warrant being issued. Speaking outside the court, Mr Mensink's solicitor Sam Iskander told reporters he had filed an affidavit detailing the medical grounds that explained his absence. Barrister Walter Sofronoff, for liquidators FTI Consulting, confirmed that medical grounds had been …

Court Medical Grounds Queensland Nickel Mr Mensink Mensink

Clive Palmer defends conversation with nephew Clive Mensink during Queensland Nickel case

8 years, 1 month ago

Clive Palmer defends conversation with nephew Clive Mensink during Queensland Nickel case

ABC

Clive Palmer has told the Federal Court in Brisbane it is unfair to blame him for the collapse of Queensland Nickel, as he is questioned for a second day. Mr Palmer told the court he recently spoke to his nephew Clive Mensink, the director of the collapsed Queensland Nickel, despite him being subject of a court summons. The court heard …

Court Townsville Mr Palmer Queensland Nickel Clive Mensink Queensland Nickel Case Nickel Case

Clive Palmer to testify in court over Queensland Nickel's demise

8 years, 1 month ago

Clive Palmer to testify in court over Queensland Nickel's demise

ABC

Businessman and former federal MP Clive Palmer is to appear in the Federal Court in Brisbane today as liquidators of his failed Queensland Nickel company look to question him over its demise. Mr Palmer has denied he was to blame for the demise of Queensland Nickel, which collapsed with debts of about $300 million, leaving about 800 Townsville refinery workers …

Court Queensland Nickel Fti Mr Palmer Queensland Nickel

Clive Palmer's plans for new open-cut mine outrage sacked Queensland Nickel workers

8 years, 2 months ago

Clive Palmer's plans for new open-cut mine outrage sacked Queensland Nickel workers

ABC

Clive Palmer is looking to build a new open-cut coal mine on his central Queensland cattle station, despite his collapsed Queensland Nickel refinery still owing more than $300 million. Key points: Two subsidiaries of Mr Palmer's Mineralogy wants to mine Mamelon station Queensland Nickel administrators tried and failed to sell the property last year Former workers angry Mr Palmer's planning …

Mining Coal Palmer Townsville Clive Mr Palmer Clive Palmer

Queensland Nickel ordered to hand over stack of financial files to liquidators

8 years, 3 months ago

Queensland Nickel ordered to hand over stack of financial files to liquidators

ABC

Queensland Nickel has been ordered to hand over a huge stash of documents to liquidators investigating the collapse of the former Clive Palmer operation, but Mr Palmer's lawyer says former chief financial officer Daren Wolfe is the only person who knows how. In the Federal Court in Brisbane today, Mr Palmer's lawyer Sam Iskandar said Queensland Nickel might not be …

Liquidators Ppb Queensland Nickel Financial Files

Clive Palmer loses bid to halt Queensland Nickel examination in Federal Court

8 years, 6 months ago

Clive Palmer loses bid to halt Queensland Nickel examination in Federal Court

ABC

Clive Palmer has failed in his latest bid to disrupt proceedings in his Federal Court examination over the collapse of the Queensland Nickel refinery. Lawyers for the former federal MP and Queensland Nickel owner argued for an adjournment to allow for the High Court to hear Mr Palmer's application to prevent further examination by liquidators. 'Very happy' about High Court …

Court Federal Federal Court Queensland Palmer Mr Palmer Clive Palmer

Clive Palmer seeks High Court injunction to halt questioning over Queensland Nickel collapse

8 years, 6 months ago

Clive Palmer seeks High Court injunction to halt questioning over Queensland Nickel collapse

ABC

Clive Palmer, the former owner of Queensland Nickel, has applied to the High Court to prevent further examination of him by liquidators over the collapse of the refinery. Queensland Nickel debt 'trivial' Mr Palmer described Queensland Nickel's debts late last year as "trivial". Mr Sullivan suggested Mr Palmer knew Queensland Nickel had a "systemic cash flow problem" by early September …

High Court Court Million Asked Queensland Palmer Sullivan

Former Queensland Nickel executive invoiced company for other work done for Clive Palmer

8 years, 6 months ago

Former Queensland Nickel executive invoiced company for other work done for Clive Palmer

ABC

A former managing director of Queensland Nickel invoiced the company for other work he carried out for his friend Clive Palmer, the Federal Court has been told. Ian Ferguson first met Mr Palmer in the 1970s while in the property industry and was approached by the businessman in 2012 to join Queensland Nickel. He told the court that when he …

Court Work Ferguson Queensland Palmer Mr Ferguson Clive

Queensland Nickel refused finance by banks before collapse, Federal Court hears

8 years, 6 months ago

Queensland Nickel refused finance by banks before collapse, Federal Court hears

ABC

Queensland Nickel's financial position was so bad in the months before it collapsed that the company approached all of the country's big four banks for finance, the Federal Court has heard. Mr Wolfe said he discussed the cash shortfall with Queensland Nickel owner Clive Palmer and managing director Clive Mensink, but the issue of insolvency was not raised until December …

Financial Court Told Federal Court Wolfe Queensland Nickel Mr Wolfe

Clive Palmer had active role in Queensland Nickel finances despite quitting as director, court hears

8 years, 6 months ago

Clive Palmer had active role in Queensland Nickel finances despite quitting as director, court hears

ABC

Queensland Nickel's former chief financial officer, Daren Wolfe, has told Brisbane's Federal Court all expenses over $10,000 had to be approved by Clive Palmer, even after he quit as a director. Mr Wolfe told the court that Queensland Nickel's owner, Mr Palmer, had an active involvement in financial decisions. There was an approvals process in place that meant expenditure needed …

Court Palmer Wolfe Mr Palmer Queensland Nickel Mr Wolfe Hears Queensland

Clive Palmer says he won't appear at Queensland Nickel Federal Court hearing

8 years, 9 months ago

Clive Palmer says he won't appear at Queensland Nickel Federal Court hearing

ABC

Clive Palmer says he will not be appearing in the Federal Court in Brisbane next week to answer questions about the demise of Queensland Nickel. Mr Palmer is scheduled to front the court about his Townsville nickel refinery next Tuesday, as the Federal Government pursues almost $70 million in entitlements paid to more than 800 sacked Queensland Nickel workers. In …

Queensland Palmer Nickel Mr Palmer Clive Palmer Queensland Nickel Clive Mensink

Clive Palmer's Queensland Nickel to be investigated by special purpose liquidator, court rules

8 years, 10 months ago

Clive Palmer's Queensland Nickel to be investigated by special purpose liquidator, court rules

ABC

A special purpose liquidator has been brought in to claw back tens of millions owed to the Federal Government by Clive Palmer's Queensland Nickel. It will also investigate transactions between Queensland Nickel and Mr Palmer's other businesses QNI Metals and QNI Resources, as well as the activities of the various directors and officers. FTI Consulting's 124-page report into Queensland Nickel …

Queensland Palmer Nickel Mr Palmer Fti Consulting Queensland Nickel Liquidator Court

Queensland Nickel workers to get medical checks from state after Clive Palmer refuses, government says

8 years, 10 months ago

Queensland Nickel workers to get medical checks from state after Clive Palmer refuses, government says

ABC

The Queensland Government says it will pay to give sacked workers at Clive Palmer's Queensland Nickel refinery exit medical checks after the mining magnate-turned federal MP refused. Premier Annastacia Palaszczuk said Mr Palmer had put the health and rights of the 729 workers at risk. "Although provision of exit medicals is not a current Queensland Health function, we are well …

Queensland Queensland Nickel Exit Medicals

Clive Palmer's Queensland Nickel creditors meet over liquidation vote

8 years, 11 months ago

Clive Palmer's Queensland Nickel creditors meet over liquidation vote

ABC

Creditors of Clive Palmer's Queensland Nickel are today preparing to vote on whether to liquidate the company. A report released by administrators FTI Consulting earlier this month found Queensland Nickel incurred debts of $771 million after going insolvent in November. FTI Consulting, however, has disputed debts of about $308 million owed to Mr Palmer's joint companies QNI Metals and QNI …

Workers Million Queensland Palmer Nickel Queensland Nickel

Clive Palmer's Queensland Nickel creditors vote to liquidate debt-laden company

8 years, 11 months ago

Clive Palmer's Queensland Nickel creditors vote to liquidate debt-laden company

ABC

Creditors of Clive Palmer's Queensland Nickel have voted to liquidate the company, a fortnight after administrators made the recommendation amid crippling debt. Key points: Liquidation move will allow pursuit of any Clive Palmer debts Administrators urged liquidation in report earlier this month Sacked workers among creditors voting to liquidate Creditors, including 800 sacked workers, agreed at a meeting in Townsville …

Report Million Queensland Palmer Nickel Townsville Mr Palmer

Queensland Nickel debts will probably not be paid, former director Clive Mensink tells court

8 years, 11 months ago

Queensland Nickel debts will probably not be paid, former director Clive Mensink tells court

ABC

The structure of Queensland Nickel means Clive Palmer and his related companies are not responsible for its debts, the company's former director has told Brisbane's Supreme Court. Mr Palmer's companies QNI Metals and QNI Resources are seeking an injunction in Brisbane's Supreme Court to block the administrators of Queensland Nickel, FTI Consulting, from appointing receivers to recover $190 million. 'They …

Director Companies Queensland Debts Nickel Former Director Administrators

There's a silver lining to Palmer and Queensland Nickel's downfall

8 years, 11 months ago

There's a silver lining to Palmer and Queensland Nickel's downfall

ABC

Clive Palmer's downfall and the collapse of Queensland Nickel could finally spark changes to the corporate bailout program and spur our watchdog into growing a set of teeth, writes Ian Verrender. Unhappily for Palmer, the collapse of Queensland Nickel has focused attention on two fundamental shortcomings of the business world that largely have eluded public gaze for the past 15 …

Business Government Corporate Workers Company Bart Queensland

Clive Palmer says 'at no time' did he take money out of Queensland Nickel

8 years, 11 months ago

Clive Palmer says 'at no time' did he take money out of Queensland Nickel

ABC

Federal MP and businessman Clive Palmer says "at no time" did he take any money out of Queensland Nickel. Key points: Clive Palmer says he did not use Queensland Nickel money for private purposes and was not a shadow director Says Malcolm Turnbull should have stepped in earlier to prevent the firm collapsing Federal Government will apply to appoint a …

Queensland No Time Nickel Mr Palmer Malcolm Turnbull Fti Consulting Clive Palmer

Queensland Nickel: Ewen Jones brought to tears as Federal Government announces help for former workers

8 years, 11 months ago

Queensland Nickel: Ewen Jones brought to tears as Federal Government announces help for former workers

ABC

A federal Queensland MP was brought to tears while describing how the Government will pursue Clive Palmer for money owed to former nickel refinery workers. Key points: Workers will get majority of their entitlements under Commonwealth scheme The Federal Government will apply to become a special purpose liquidator The $73.9 million bill will be largest under the scheme for a …

Workers Queensland Cash Palmer Nickel Townsville Pursue

Clive Palmer: Government to chase refinery owner for $74m owed to Queensland Nickel workers

8 years, 11 months ago

Clive Palmer: Government to chase refinery owner for $74m owed to Queensland Nickel workers

ABC

The Federal Government will pursue Clive Palmer and his businesses to recover almost $74 million in entitlements owed to sacked Queensland Nickel workers. Key points: Clive Palmer criticised for not paying former workers nearly $74m in entitlements Information sessions will be held in Townsville so former workers can lodge claims The bill will be the largest payout under FEG for …

Workers Queensland Cash Palmer Nickel Townsville Mr Palmer

Clive Palmer says it is cheaper to save Queensland Nickel than shut it down

8 years, 11 months ago

Clive Palmer says it is cheaper to save Queensland Nickel than shut it down

ABC

It would be cheaper and easier to save Queensland Nickel than to shut it down, sell off the assets and clean up the site, Clive Palmer says. Key points: Liquidation of Queensland Nickel recommended, owes $200m Clive Palmer alleged as being reckless and acting as shadow director by administrators Mr Palmer released a 93-page document that he says clears him …

Queensland Nickel Mr Palmer Clive Palmer Qni Queensland Nickel

Clive Palmer says Joint Venture Agreement clears him of Queensland Nickel shadow director claim

8 years, 11 months ago

Clive Palmer says Joint Venture Agreement clears him of Queensland Nickel shadow director claim

ABC

Clive Palmer has released a Joint Venture Agreement he says proves he was not acting as a shadow director of his beleaguered Queensland Nickel refinery. He also says millions of dollars in donations to his Palmer United Party should have been listed as coming from two of his other companies, not Queensland Nickel Pty Ltd. On Tuesday, administrators FTI Consulting …

Director Agreement Queensland Palmer Joint Nickel Venture

Sacked Queensland Nickel workers helping others with food hampers to make ends meets

8 years, 11 months ago

Sacked Queensland Nickel workers helping others with food hampers to make ends meets

ABC

A grassroots support network helping increasingly desperate former workers of Clive Palmer's north Queensland nickel refinery has so far fed hundreds of families. Sacked worker Joe Collocott has turned his house into a food distribution point for others in the same position now struggling to make ends meet. More than 700 people at the Townsville refinery lost their jobs over …

Worker Queensland Nickel

Queensland Nickel: What next if Clive Palmer's company goes into liquidation?

8 years, 11 months ago

Queensland Nickel: What next if Clive Palmer's company goes into liquidation?

ABC

Now that its administrators have recommended liquidation, what happens next for Queensland Nickel, its workers and other creditors? In Queensland Nickel's case, because the company was placed in voluntary administration by its directors, the decision as to whether to liquidate it rests with its creditors. After all the company's assets have been sold, the secured creditors are paid out as …

Company Directors Receive Creditors Liquidation Secured Creditors Unsecured

Queensland Nickel liquidation could see taxpayers fund payouts, Employment Minister says

8 years, 11 months ago

Queensland Nickel liquidation could see taxpayers fund payouts, Employment Minister says

ABC

Prime Minister Malcolm Turnbull has urged Clive Palmer to "put his money up" to help workers sacked from the Queensland Nickel refinery, saying it is the least the magnate could do. Key points: Taxpayer-funded scheme would be a last resort Outstanding entitlements are about $73 million Clive Palmer "morally obliged" to pay workers' entitlements, Michaelia Cash says Taxpayers may have …

Money Workers Fund Jones Million Queensland Cash

Clive Palmer labels damning Queensland Nickel report 'lies and fantasy'

8 years, 11 months ago

Clive Palmer labels damning Queensland Nickel report 'lies and fantasy'

ABC

Clive Palmer has described a damning administrator's report into Queensland Nickel as lies and fantasy and declared no court will find against him. Key points: Report finds Clive Palmer appeared to have acted recklessly as director Government considers whether to pay entitlements to almost 800 sacked workers Administrator recommends liquidation of company Spending on safety at refinery halved since BHP …

Report Miles That Money Palmer Mr Palmer Fti Consulting Clive Palmer

Clive Palmer's Queensland Nickel should be liquidated, administrators tell creditors

8 years, 11 months ago

Clive Palmer's Queensland Nickel should be liquidated, administrators tell creditors

ABC

Clive Palmer's Townsville refinery could have survived the drop in nickel prices if millions of dollars had not been shifted from it to the federal MP's other businesses, administrators say. Key points: Creditors to vote on whether to liquidate Queensland Nickel, after administrators recommend it Company owes about $74 million to sacked workers Report says vintage cars were bought using …

Director Company Report Million Queensland Palmer Nickel

Clive Palmer denies being Queensland Nickel shadow director, says he has nothing to hide

8 years, 11 months ago

Clive Palmer denies being Queensland Nickel shadow director, says he has nothing to hide

ABC

Federal MP Clive Palmer says he "absolutely" did not act as a shadow director at the failed Queensland Nickel, but that he was part of a committee that approved expenditure at the company. Immediately after Four Corners aired, Mr Palmer told Lateline he made decisions about Queensland Nickel's expenditure as a member of the joint venture committee, which was set …

Director Coast Queensland Resort Joint Sunshine Four Corners

Queensland Nickel: Alan Jones leads public meeting for sacked Townsville refinery workers

8 years, 11 months ago

Queensland Nickel: Alan Jones leads public meeting for sacked Townsville refinery workers

ABC

A public meeting for sacked workers of Clive Palmer's Queensland Nickel refinery has voted to immediately liquidate the operation. About 250 people attended the Townsville meeting, which was led by Sydney broadcaster Alan Jones, for formers workers of the refinery. Today's meeting passed five resolutions: to immediately liquidate QNI for State and Federal Government representatives to work with FTI Consulting …

Workers State Jones Meeting Queensland Refinery Federal Government

Queensland Nickel: Clive Palmer's new company risks $2.6m in fines over ammonia levels

9 years ago

Queensland Nickel: Clive Palmer's new company risks $2.6m in fines over ammonia levels

ABC

The operators of Clive Palmer's north Queensland nickel refinery could face fines of up to $2.6 million after elevated levels of ammonia were found in nearby waterways. The Queensland Department of Environment and Heritage confirmed elevated levels of ammonia were found in two creeks near Queensland Nickel. Queensland Nickel Sales spokesman Clive Mensink said in a statement that the company …

Queensland Refinery Nickel Queensland Nickel Queensland Nickel Sales

Clive Palmer's Queensland Nickel owes $100m and needs large cash injection to continue trading, administrators say

9 years, 1 month ago

Clive Palmer's Queensland Nickel owes $100m and needs large cash injection to continue trading, administrators say

ABC

Clive Palmer's company Queensland Nickel is more than $100 million in debt and will need "tens of millions" injected into the company to continue trading beyond April 30, administrators say. Mr Park said FTI was considering a court application to extend the administration period to 60 business days because of the complexity of the company structure and the "forensic investigation …

Business Company Million Park Queensland Palmer Nickel

Malcolm Turnbull blasts Clive Palmer over 'shocking' management of Queensland Nickel

9 years, 1 month ago

Malcolm Turnbull blasts Clive Palmer over 'shocking' management of Queensland Nickel

ABC

Prime Minister Malcolm Turnbull has slammed Clive Palmer's "shocking" management of Queensland Nickel, as creditors meet with sacked workers and companies owned money. "His management of Queensland Nickel, from what we know to date, is shocking," Mr Turnbull told Melbourne-based radio station 3AW. In a statement released today, the new managing director of QNI and Mr Palmer's nephew Clive Mensick, …

Workers Queensland Palmer Turnbull Townsville Mr Palmer Malcolm Turnbull

Queensland Nickel: Clive Palmer 'could be liable' if he acted as QNI 'shadow director', lawyer says

9 years, 2 months ago

Queensland Nickel: Clive Palmer 'could be liable' if he acted as QNI 'shadow director', lawyer says

ABC

Clive Palmer could be held personally liable and face a hefty compensation payout if he is found to have operated Queensland Nickel as "shadow director" while the company was insolvent. Key points: Palmer says he did not covertly keep running the refinery after becoming an MP Palmer remained on Queensland Nickel expenditure committee after move into politics Lawyer says Palmer …

Director Company Queensland Palmer Refinery Ramsay Nickel

Clive Palmer denies putting business interests ahead of Queensland Nickel workers, reveals $250 million package for refinery

9 years, 2 months ago

Clive Palmer denies putting business interests ahead of Queensland Nickel workers, reveals $250 million package for refinery

ABC

Federal MP Clive Palmer has denied he tried to put his business interests ahead of the 237 workers who lost their jobs at the Queensland Nickel refinery. Key points: Mr Palmer says he has put forward $250 million worth of assets to help Queensland Nickel The refinery went into voluntary administration on Monday Company will come out "stronger, leaner, fitter, …

Assets Workers Million Come Queensland Refinery Nickel

Queensland Nickel: Calls to spread Townsville's $187m works program to other regions

9 years, 2 months ago

Queensland Nickel: Calls to spread Townsville's $187m works program to other regions

ABC

The mayor of a north Queensland council has called on the State Government to extend its $187 million accelerated-works program outside of the Townsville region. Key points: The Charters Towers Mayor wants to see Townsville's accelerated-works program spread to his city MP Jim Pearce writes to Premier Annastacia Palaszczuk in the hops of seeing the program extend to Mackay and …

Jobs Workers Mackay Queensland Rockhampton Townsville Palaszczuk