He's still on the board and still owns millions of dollars of shares in the company.
Nev Power is being paid by the taxpayer to fly on his private jet between Perth and Canberra.
How does he get to quarter of million over six months with just four trips?
He's the pilot.
Why not the others, given apparent conflicts of interest?
No justification given. "decision made"
The Commission chose Mr Liveris as the Chair.
Taskforce members were chosen by the taskforce itself.
Dodging questions about any direction from government on gas.
Mr Power says there has been "considerable" engagement with renewables stakeholders. He's reading from notes here.
Most gas is /not/ used for feedstocks.
No detailed analysis to date, has been handed to government.
theguardian.com/business/2020/…
says the Commission is "not recommending the subsdisation of gas".
but recommends infrastructure for gas. presumably through enormous government subsidy.
Mr Power declined to take a salary but is being paid an allowance for travel and accommodation.
Mr Power is not able to describe his actual costs so far and will not be providing receipts.
obligations arise anyway.
Goes into the black hole of questions on notice, from which so far no answers have emerged.
Conflicts of interest disclosure by the whole IR taskforce and only the Chair of the Manufacturing taskforce.
is it going to go into the rest of it?
Mr Power reels off a whole range of other areas.
Taskforce seems far less interested in all that
like building gas pipelines for the gas industry?
Quarter of a million for travel expenses and he's not even working full time.
NP: No reason.
Why not within the APS?
"Surge capacity" needed.
tenders.gov.au/Cn/Show/198296…
whole of govt comms about COVID19 housed within the NCCC - due to "pragmatic decision" - but could well have been in "PMC proper"
liasing directly with PM's office.
tenders.gov.au/Cn/Show/2b48d9…
Mr Reed used to work for the Liberal Party pollsters.
Makes it a bit odd that it would be funded and managed out of the Commission.
How will DPMC stop it going to the Liberal Party? On notice.
Again relating to "whole of govt" communications, which for some reason is based within the COVID Commission.
tenders.gov.au/Cn/Show/79d1ce…
Is being considered by government.
Up to the government.
(Answer seems to be no)
NCCC or PMC have no idea of anything happening in govt.
Taskforce did 'extensive modelling' - actually done by Boston Consulting Group.
Mr Power goes on to talk about getting more gas.
including, it seems, the ultra cheap commercially available ones in solar and wind.
This was assumed, not demonstrated, in the analysis.
He has appointed an attorney to act on his behalf, he wont trade any securities...
Power: there is no conflict because it's purely advisory.
"No not necessarily".
Which seems entirely irrelevant.
There is /alot/ in the taskforce about building new pipelines.
Another $1m spent - most of it on "whole of government" comms.
still no clear answer. "pragmatic decision". NCCC dealing with lots of perspectives.
Is there a conflict of interest?
"The east west pipeline doesn't necessarily benefit Strike" - the company in which he owns ~millions in shares and directs.
Clearly connecting east to west markets raises a material conflict for Strike, which is developing a massive field in the west.
Mr Power says it's not necessarily NCCC recommendation.
So show us the final report?
He did choose an oil and gas executive to chair the manufacturing taskforce.
Mr Power claims they consulted widely. The consultation list is dominated by fossil fuel companies and interests.
Most of the growth in fertiliser imports occurred prior to the LNG export terminals pushing gas prices up, and associated disasters in electricity policy
Most of these are just groups that signed up to webinars.
"We're still working it out" - AFTER they have submitted their manufacturing report.
Fortescue supported east west pipeline linkage and was trying to get into Browse gas leases in WA and bring it onshore.
Again, this is completely irrelevant. He is advising government NOW.