If he can't run a car yard at a profit, how does he expect to help run a state?

Pictured here on the left is Stuart George, one of the NSW Nationals pre-selection candidates hoping to be chosen to contest the Clarence by-election and then go on represent the people of that electorate as a member of the O’Farrell Government.

He was (and still probably is) owner or part-owner of Capital Car Sales in Casino, as he was proud to attest in 2001 and 2005:

In 2001, I purchased Capital Car Sales.

Stuart and Barry are now joint directors of Capital Car Sales which is situated at its original location: 105-113 Centre Street, Casino.

However, Stuart and the North Coast Nationals have a problem which may yet cause concern and, it is found on the Australian Securities and Investments Commission website:

Extracted from ASIC's database at AEST 00:28:44 on 08/10/2011

Name CAPITAL CAR SALES (CASINO) PTY. LIMITED

ACN    100 385 377

ABN    64 100 385 377

Type Australian Proprietary Company, Limited By Shares

Registration Date 30/04/2002

Next Review Date 30/04/2012

Status ** UNDER EXTERNAL ADMINISTRATION and/or CONTROLLER APPOINTED **

Locality of Registered Office Casino NSW 2470

Jurisdiction Australian Securities & Investments Commission

On 10 November 2011 there was a Creditors' meeting for Voluntary Creditors' Liquidations scheduled.

Now the rumour is that this company owes many tens of thousands of dollars, so perhaps Mr. George might like to explain the part he played in this business difficulty?

UPDATE:

SCANDAL has hit the NSW Nationals for the second time in a month with the revelation that a company owned by pre-selection candidate for Clarence Stuart George is in liquidation owing nine creditors more than $250,000.
The $267,620 in debts owed to creditors relate to monies owed by Mr George's former business Capital Car Sales (Casino) Pty Ltd - a figure he disputes.
The debts have the potential to derail his tilt at the seat for Clarence.
Both Mr George and his wife Margaret are listed as directors of the company.
On October 27 last year Mr George acknowledged the debt when he signed off on an Australian Securities and Investment Commission (ASIC) statement verifying report as director.
Mr George's creditors include the Australian Taxation Office, North Coast Petroleum, Allianz, Sensis, and his father Member for Lismore Thomas George, to whom he owes the bulk of the debt.
When The Daily Examiner contacted Mr George at a National Party conference at Port Macquarie yesterday he said he had never hidden the fact that his company was in liquidation.....

The rest of The Daily Examiner article by journalist Rodney Stevens here.