financial crisis



Spot us another $100M, Council

Central Coast Council has taken out another loan – this time for $100M – as it continues to work through mitigation measures for its cash crisis. This latest loan sees…



Council has a $565M debt

Central Coast Council has a $565M debt, it was announced on Wednesday, December 2, when interim Administrator, Dick Persson, delivered his 30-day report on Council’s financial crisis. The debt includes…


More than 200 jobs will go

The nine directorates making up the senior leadership team at Central Coast Council has been reduced to five long term. A sixth directorate is short term. Malcolm Ryan has been…


Council’s debt blows out to $565M

Central Coast Council has racked up a $565M debt, it was announced on December 2 when interim Administrator Dick Persson delivered his 30-day report on Council’s financial crisis. The debt…




Alleged code of conduct violation closed

The resignation of Cr Troy Marquart has closed the file on an alleged code of conduct violation against him. Marquart resigned in writing before the October 26 meeting. That meeting…




Administrator appointed

Newly appointed Administrator of Central Coast Council, Dick Persson, is committed to finding just what actions led to Council’s financial crisis, within 30 days. Persson was appointed Administrator on Friday,…


Roll up, roll up …

Due to recent events I propose a name change from Central Coast Council to Central Coast Circus; the only thing missing is a ringmaster to put them through the hoops….



‘Sounds like the last hurrah’

Councillors used a meeting on October 21 to offer what sounded like their farewell speeches. “It sounds like the last hurrah, doesn’t it,” Cr Doug Vincent said. It was the…