Clive Palmer could seek 'unquantifiable' commonwealth compensation under Singapore free trade deal
by Paul Karp from on (#5BSPG)
The mid-year federal budget update reveals Mineralogy has requested consultation' regarding a potential investor-state dispute
Australian taxpayers could be on the hook for compensation following a dispute between the Western Australian government and Clive Palmer's Mineralogy, federal budget papers reveal.
The mid-year economic and fiscal outlook (Myefo), released on Thursday, discloses that the federal budget is at risk from a prospective investor-state claim against Australia" pertaining to WA's extraordinary law to prevent Palmer seeking billions of dollars in compensation.
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