BREAKFAST DEALS: Tinkler fizzle

Nathan Tinkler misses a Mirvac settlement date, while Macquarie Capital rolls the dice on a NSW Lotteries royalties sale.

Coal tycoon Nathan Tinkler is showing yet more signs of financial stress, with Mirvac saying he’s failed to settle a $17 million payment over a land deal. Could the end of the Whitehaven Coal privatisation give him a little more room to move with these other deals? Meanwhile, the NSW government has called in Macquarie Capital to look at selling its NSW Lotteries royalties. Elsewhere, Goodman Fielder looks to sell some factories after offloading Integra, TRUenergy snaps up some clean energy and an interesting aspect of the Dulux-Alesco stand-off gets some closer attention.

Nathan Tinkler, Ocean Street Holdings, Buildev Group, Mirvac

The inability of coal mining tycoon Nathan Tinkler to pay his bills looks to have spread into his property interests.


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