Business
Northern Endeavour oil platform clean-up could cost taxpayers $1 billion, senator says – ABC News
The vessel in the Timor Sea has already cost Australian taxpayers $86 million but Senator Rex Patrick fears we’re nowhere near the bottom of the money pit.
A rust-riddled oil vessel anchored in the Timor Sea has cost Australian taxpayers $86 million since February 2020, and independent Senator Rex Patrick believes the final price tag for its clean-up could spiral to $1 billion.
Key points:
- Rex Patrick says the government should never have taken responsibility for the Northern Endeavour
- Costs are spiralling out of control and the Commonwealth is being sued by a creditor of its former owner
- Senator Patrick says the government would have been better off…
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