COMPETITION – NEW SOUTH WALES

Echo to bulk up Star ahead of Crown threat

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Original article by Perry Williams
The Australian Financial Review – Page: 15 : 25-May-15

Australian-listed Echo Entertainment Group has not yet decided whether to expand its existing hotels at The Star in Sydney or build another hotel at the casino complex. The Star has a $A500m capital works budget for the next five years, as it prepares for the entry of Crown Resorts into Sydney’s casino market in 2019. The Star also intends to expand its gaming floor with the addition of extra gaming tables.

CORPORATES
ECHO ENTERTAINMENT GROUP LIMITED – ASX EGP, THE STAR, CROWN RESORTS LIMITED – ASX CWN, CROWN MELBOURNE LIMITED

NSW the next power retailing battleground

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 13 : 10-Mar-15

Prices in the New South Wales electricity market are likely to be fully deregulated if the State Government wins the March 2015 election. A number of smaller electricity retailers are likely to increase their push into the New South Wales market as a result. These include Red Energy, Momentum Energy, Meridian Energy and Lumo Energy. Full deregulation is likely to prompt more consumers to switch electricity providers

CORPORATES
RED ENERGY PTY LTD, SNOWY HYDRO LIMITED, MOMENTUM ENERGY PTY LTD, MERIDIAN ENERGY LIMITED – ASX MEZ, LUMO ENERGY AUSTRALIA PTY LTD, SIMPLY ENERGY, HYDRO TASMANIA, GDF SUEZ SA, ALINTA ENERGY (AUSTRALIA) PTY LTD, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET, ORIGIN ENERGY LIMITED – ASX ORG, AGL ENERGY LIMITED – ASX AGL, ENERGYAUSTRALIA PTY LTD, ENERGY RETAILERS ASSOCIATION OF AUSTRALIA INCORPORATED, AUSTRALIAN LABOR PARTY, POWERSHOP AUSTRALIA PTY LTD