SGR 6.32% 46.3¢ the star entertainment group limited

NSW government delays tax hike on embattled Star Entertainment.

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    NSW government delays tax hike on embattled Star Entertainment

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    The NSW government has pushed back the introduction of a controversial tax hike on Star Entertainment Group as it weighs the implications for the company’s embattled Pyrmont casino.

    Treasurer Daniel Mookhey revealed on Monday evening the government would delay legislation for the duty rate increase – which would have been imposed on the profits from poker machine and table game earnings from July 1 – until at least August to allow discussions with the cash-strapped casino giant to continue.

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