BUSINESS AND POLITICS – NEW SOUTH WALES

Crown under pressure to delay casino opening

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Original article by Damon Kitney, Lachlan Moffet Gray
The Australian – Page: 17 & 20 : 5-Nov-20

Crown Resorts is scheduled to open its Barangaroo casino in Sydney on 14 December, although New South Wales Premier Gladys Berejiklian has raised the possibility that the opening could be delayed. The Independent Liquor & Gaming Authority’s inquiry has been told that Crown is not suitable to hold the licence for the gaming venue. Adam Bell, the counsel assisting the inquiry, also said that the shareholding of businessman James Packer has had a "deleterious impact" on Crown’s corporate governance. Crown shares fell 1.75 per cent to $8.42 on 4 November.

CORPORATES
CROWN RESORTS LIMITED – ASX CWN, NEW SOUTH WALES. INDEPENDENT LIQUOR AND GAMING AUTHORITY, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET

Miners plead for no new tax slug in NSW budget

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Original article by Annabel Hepworth
The Australian – Page: 19 & 22 : 26-May-16

The New South Wales Minerals Council has warned the State Government that imposing additional taxes on mining companies in the June 2016 Budget will deter investment and increase investor uncertainty. The Council’s pre-Budget submission has also urged Treasurer Gladys Berejiklian to provide more funding for the "Resources for Regions" infrastructure program.

CORPORATES
NEW SOUTH WALES MINERALS COUNCIL, NEW SOUTH WALES. THE TREASURY, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, SHENHUA WATERMARK COAL PTY LTD

Biggest power buyers back electricity sales

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Original article by Will Glasgow
The Australian Financial Review – Page: 1 & 12 : 5-Mar-15

Energy-intensive companies such as Boral and Orora support the New South Wales Government’s proposal to privatise the state’s electricity network if it wins the 2015 election. Energy Users Association of Australia CEO Phillip Barresi has rejected warnings from trade unions that selling the state’s "poles and wires" will result in higher electricity prices. Some 5,000 people attended a union-organised anti-privatisation rally outside Parliament House on 4 March

CORPORATES
BORAL LIMITED – ASX BLD, ORORA LIMITED – ASX ORA, ENERGY USERS ASSOCIATION OF AUSTRALIA, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET, ELECTRICAL TRADES UNION, AUSTRALIAN ENERGY REGULATOR, NEW SOUTH WALES. INDEPENDENT PRICING AND REGULATORY TRIBUNAL, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, AUSTRALIAN LABOR PARTY, RIO TINTO LIMITED – ASX RIO, BHP BILLITON LIMITED – ASX BHP, WOOLWORTHS LIMITED – ASX WOW, McKELL INSTITUTE

‘Clock ticking’ on Rio coal venture

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 15 & 20 : 10-Sep-14

Rio Tinto is again seeking approval from the New South Wales Government for an expansion of the Mount Thorley Warkworth coal mine in the Hunter Valley. The Land & Environment Court overturned a decision to approve the project, and Rio re-submitted its plans for the mine in June 2014. Rio has warned that the mine will not be economically viable beyond 2015 unless the expansion is approved, and has argued that the mine will inject $A1.5bn into the state’s economy over two decades

CORPORATES
RIO TINTO LIMITED – ASX RIO, NEW SOUTH WALES. LAND AND ENVIRONMENT COURT, ENERGY RESOURCES OF AUSTRALIA LIMITED – ASX ERA