NSW:Merger not such a money-saver, Labor says

AAP General News (Australia)
02-21-2011
NSW:Merger not such a money-saver, Labor says

The state government says the opposition's plan to merge three New South Wales electricity
distributors won't save as much money as claimed .. and is likely to cost 1500 jobs.

Opposition Leader BARRY O'FARRELL says the merger plan .. announced yesterday .. would
generate savings of 400 million dollars.

But Labor campaign spokesman LUKE FOLEY says that figure is grossly inflated and any
savings would come …