The New South Wales Independent Commission Against Corruption (ICAC) has launched a public inquiry, known as Operation Rosny, to investigate allegations of illegal political donations involving members of the state’s Liberal Party. The inquiry, which began in late July 2026, is examining whether a group of young conservative powerbrokers known as the 'Reformers' solicited or accepted prohibited or undeclared funds between 2019 and 2023. These funds were allegedly used to recruit members and influence party internal politics, a practice commonly referred to as branch stacking.
Counsel assisting the commission, Dr. Peggy Dwyer SC, stated that the inquiry will also investigate claims that fugitive property developer Jean Nassif and his company, Topplace, offered significant financial incentives in exchange for political favors. These alleged favors include the removal of the state’s Building Commissioner, David Chandler, and efforts to damage the career of former Liberal minister David Elliott. The inquiry is expected to span eight weeks and will hear from various witnesses, including political staffers, lobbyists, and associates of the Reformers.
While the inquiry has drawn significant attention to the internal dynamics of the NSW Liberal Party, it has also touched on federal politics. Federal Opposition Leader Angus Taylor was mentioned during the proceedings in relation to potential donations, though he is not a target of the investigation and has not been accused of any wrongdoing. The inquiry remains a critical test for political integrity in the state, as it seeks to determine whether these actions breached the Electoral Funding Act.
NSW Premier Chris Minns has responded to the proceedings by emphasizing the importance of the process, noting that it should serve as a deterrent against corrupt conduct. He stated that his government would not seek to use the inquiry for political gain, focusing instead on the need for cleaner political practices. As the hearings continue, the public and political observers are watching closely to see what findings will emerge regarding the influence of money and power within the state's political institutions.