NSW Power Sale Profits could end up in Cayman Islands

A goodly chunk of the future corporate profits from the NSW power sale are destined to wend their merry way to the Cayman Islands. This is probably why the winning bidder – a consortium of Victorian power group Spark, asset manager Hastings and three offshore funds – could afford to stump up the heroic $10.3 … Continue reading NSW Power Sale Profits could end up in Cayman Islands