Treasurer and Energy Minister Mike Nahan. Photo: Attila Csaszar

Synergy to compete as subsidy cut

The state government has announced its intention to phase out its $500 million-plus annual electricity subsidy within the next four years, paving the way for deregulation allowing households to buy their electricity and gas from competing suppliers.


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Total revenue

1st-Gold Corporation$8.10bn
3rd↑Water Corporation$2.55bn
5th-Western Power$1.78bn
29 state government businesses ranked by total revenue - this year

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