A New Zealand-based insolvency expert has been put in charge of a new state government authority that will decide how $1.7 billion from the Bell Group litigation will be distributed.
The state government will introduce legislation into parliament tomorrow designed to finalise the long-running Bell Group legal case, in which the Insurance Commission of WA and other creditors are fighting over a $1.7 billion payout.
Kerry Stokes is one of Australia's wealthiest and most private business leaders, but that has changed with the release of two biographies in two years. However conspicuous gaps in what we know about his deals and erstwhile partners remain.
The recent publication of two listings of influential business leaders provided food for thought about the growing international influence on Western Australia.
It might be playing with fire to own a pair of asbestos gloves these days, but Colin Barnett should borrow a pair before finalising a red-hot deal to sell the Kwinana Bulk Terminal to building mate
