ACCC hurdle for Qube following Newcastle port purchase

Gregor Heard
October 12 2021 - 12:00pm
Qube's purchase of a grain port terminal in Newcastle will be reviewed by the ACCC to see whether it has the potential to inhibit competition in the region.
Qube's purchase of a grain port terminal in Newcastle will be reviewed by the ACCC to see whether it has the potential to inhibit competition in the region.

JUST weeks after announcing the purchase of the Newcastle Agri Terminal for around $90 million, integrated logistics business Qube has run into an obstacle in the form of the Australian Consumer and Competition Commission.

Gregor Heard

Gregor Heard

National Grains Industry Reporter

Gregor Heard is ACM's national grains industry reporter, based in Horsham, Victoria. He has a wealth of knowledge surrounding the cropping sector through his 15 years in the role. Prior to that he was with the Fairfax network as a reporter with Stock & Land. Some of the major issues he has reported on during his time with the company include the deregulation of the export wheat market, the introduction of genetically modified crops and the fight to protect growers better from grain trader insolvencies. Still involved with the family farm he is passionate about rural Australia and its people and hopes to use his role to act as an advocate for those involved in the grain sector.

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