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Denials amplify Synergy whispers

The stars are aligning for the eventual sale of the state-owned energy retailer and generator, Synergy. The pressure for the move is building, supported by a sequence of related events; but the denials continue.Lyndon Rowe's seamless switch from inaugural chairman of the Economic Regulation Authority to first full-time chairman of Synergy, bolstered by its recent merger with Verve Energy, set the hares running.

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Total revenue

1st-Gold Corporation$8.10bn
2nd↑Synergy$3.10bn
3rd↑Water Corporation$2.55bn
4th↓GESB$2.04bn
5th-Western Power$1.78bn
29 state government businesses ranked by total revenue - this year

Number of Employees

State Government Businesses

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