{"id":777004360,"date":"2023-04-17T12:54:50","date_gmt":"2023-04-17T15:54:50","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777004360"},"modified":"2026-04-22T22:49:20","modified_gmt":"2026-04-23T01:49:20","slug":"star-sydney-jobs-at-risk-due-to-tax-hike-union-warns","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/star-sydney-jobs-at-risk-due-to-tax-hike-union-warns","title":{"rendered":"Star Sydney jobs at risk due to tax hike, union warns"},"content":{"rendered":"\n

The United Workers Union has expressed concern that a rise in gaming tax could result in the loss of hundreds of jobs.<\/p>\n\n\n\n\n\n\n\n

Australia.- The United Workers Union, which represents thousands of employees at the Star Sydney casino, fears that the state’s gaming tax increase<\/a> will lead to job losses. It’s seeking an urgent meeting with New South Wales treasurer Daniel Mookhey<\/strong>.<\/p>\n\n\n\n

The union\u2019s director, Dario Mujkic<\/strong>, said the proposed tax hike could cost Star Sydney AU$100m a year, and that this will hit the casino’s 4,500-strong workforce of gaming, cleaning, hospitality and security staff.<\/p>\n\n\n\n

From July 1, casino gaming profits will be taxed at 60.67 per cent, up from 31.57 per cent now. Former treasurer Matt Kean <\/strong>announced the move in December 2021, saying that it could raise an additional AU$364m (US$244.2m) over three years<\/a> to help to balance the state\u2019s budget after the impact of the Covid-19 pandemic and natural disasters.<\/p>\n\n\n\n

However, The Star, complained that there was no consultation and that the move would make the tax rate in New South Wales would be higher than that in Victoria. The United Workers Union wants assurance that jobs will be protected. Mujkic said the union has met with Star several times since the announcement and that the casino forecasts potential annual losses of AU$100m. <\/p>\n\n\n\n

Mujkic told The Sydney Morning Herald: \u201cOur union believes in progressive taxation, but I don\u2019t think this proposal was ever about tax justice, it was really about having someone \u2013 Star \u2013 to attack politically in the context of the gambling reform debate.<\/p>\n\n\n\n

\u201cStar has been fined by regulators left, right and centre, and they are going through a very thorough remediation program. That is entirely appropriate because of misconduct and poor management. But I think this tax increase was additional to that.\u201d<\/p>\n\n\n\n

Mookhey is expected to announce today (April 17) that he will publish the new government’s first budget in September, which is common after an election. Parliament’s economic statement will be submitted in June.<\/p>\n","protected":false},"excerpt":{"rendered":"

The United Workers Union has expressed concern that a rise in gaming tax could result in the loss of hundreds of jobs.<\/p>\n","protected":false},"author":176,"featured_media":21500,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The United Workers Union has voiced significant concerns regarding the proposed gaming tax increase in New South Wales, Australia, fearing substantial job losses at The Star Sydney due to an estimated AU$100m annual financial impact. The union is seeking urgent dialogue with Treasurer Daniel Mookhey, highlighting the potential for the new 60.67% tax rate to exceed Victoria's, thereby impacting the operator's financial viability amidst ongoing remediation efforts.","focusai_entities":"United Workers Union, The Star Sydney, Daniel Mookhey, Dario Mujkic, Matt Kean, The Star, The Sydney Morning Herald","focusai_location":"Australia, New South Wales, Sydney, Victoria","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Tax Impact Analysis","query":"What is the projected NGR impact for The Star Sydney under the revised tax regime, and how does this compare to the industry's average EBITDA margins in comparable jurisdictions?"},{"label":"Regulatory Precedent","query":"How might this proposed tax increase in New South Wales set a precedent for other Australian states or international jurisdictions considering similar fiscal adjustments on gaming verticals?"}],"footnotes":""},"categories":[16336,28],"tags":[23911],"class_list":["post-777004360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-casino-news","tag-gambling-regulation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777004360"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004360\/revisions"}],"predecessor-version":[{"id":777004382,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004360\/revisions\/777004382"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21500"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777004360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777004360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777004360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}