Mungana affair

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The Mungana Affair involved the sale to the Government of Queensland, Australia, in 1922, of some mining properties in the Chillagoe-Mungana districts of northern Queensland,[1] at a grossly inflated price. At that time, Ted Theodore was Premier of Queensland and William McCormack, Member for Cairns and a former Speaker of the Legislative Assembly of Queensland,

In 1927 Theodore entered Federal politics, while McCormack became Premier of Queensland from 1925 to 1929.

In 1929 the Queensland Government appointed a Royal Commission to investigate the sale. The Commission found that at the time of the sale in 1922, Theodore and McCormack each secretly held 25% ownership of the properties sold. In July 1930, the scandal forced Theodore to resign from his role as Treasurer of Australia.[2] McCormack had already resigned from Queensland Parliament in February 1930 before the adverse findings by the Royal Commission.[3]

The Queensland Government did not charge either man with any offence.[citation needed]

References[edit]

  1. ^ "State Mines: The Mungana Acquisistion". Brisbane Courier. 1922-02-15. Retrieved 2014-02-21. 
  2. ^ "Advertising". The Week. CIX, (2,846). Queensland, Australia. 11 July 1930. p. 1. Retrieved 5 November 2017 – via National Library of Australia. 
  3. ^ "MR. M'CORMACK". The Brisbane Courier (22,487). Queensland, Australia. 22 February 1930. p. 15. Retrieved 5 November 2017 – via National Library of Australia. 

Further reading[edit]

  • K. H. Kennedy. The Mungana Affair: State Mining and Political Corruption in the 1920s, University of Queensland Press, 1978
  • Trevor Sykes. Two Centuries of Panic, Allen and Unwin, 1988. (Chapter 11: "Theodore's scandal")