The embattled state insurer’s senior ranks are thinning quickly, with three executives collectively taking almost $1.2 million in entitlements as they go.
MORNING BRIEFING: Police release CCTV footage of a carjacking last year as they continue to hunt for a man who pulled a gun on a driver in a McDonald's drive-thru in Sydney's south west.
Troubled insurer icare appoints new chief executive at higher price
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Troubled insurer icare appoints new chief executive at higher price
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The newly appointed chief executive of troubled state insurer icare will earn $120,000 more than his predecessor who resigned amid controversy last year.
Richard Harding was announced as chief executive of icare on Wednesday, having most recently helmed New Zealand insurer Tower.
State insurer icare have appointed a new chief executive, five months after John Nagle resigned.
Credit:Kate Geraghty
Mr Harding s appointment comes five months after former chief executive John Nagle resigned when it emerged he was stripped of a bonus for failing to properly declare his wife had been given a contract with the troubled agency.
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The NSW government will have to overcome a series of impediments – including a lack of suppliers – before it can operate trackless trams in Sydney, an internal review of the technology by the state s transport agency has found.
The review, completed in December 2019, raises a number of issues for the technology pursued by the government as an alternative to light rail, including its impact on bridges and road pavements and the regulatory requirements they will have to meet.
A battery-powered trackless tram in the Chinese city of Zhuzhou.
Credit:CRRC Zhuzhou Institute, Peter Newman.
It also reveals that Transport for NSW has been considering a staging strategy for the next stage of the Parramatta light rail project, which has been under serious doubt for more than a year and missed out on funding in the recent state budget.