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Coal Deal in Distress: desperate Dalrymple’s dodgy debt dump

Coal Deal in Distress: desperate Dalrymple’s dodgy debt dump

Brookfield’s make-up artists are hard at work. They’ve taken “coal” out of the title, hired every broker in town to flog the thing and, in the most telling move, are rushing to get the deal done before the end of the year. Michael West reports on the ASX float of Dalrymple Bay Infrastructure, which looks set to siphon off Aussie cash to an offshore haven, with yield-hungry retirees paying the price.

Another Australian miner sues another poor country, this time Barrick’s Porgera in PNG

Another Australian miner sues another poor country, this time Barrick’s Porgera in PNG

Investor State Dispute Settlement processes in trade agreements hit the headlines when US multinational Philip Morris tried to sue Australia over its tobacco plain packaging laws. Australian mining companies are increasingly using ISDS processes and are being awarded billions based on dubious calculations of potential lost profits by unaccountable international tribunals. Patricia Ranald reports.

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