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Community & Partnerships

Partnership

The Star strives to be a responsible corporate citizen as part of its vision to become Australia’s leading integrated resort company. Each property is committed to supporting the communities in which they operate and where team members live and work.  The Star, as part of its social licence to operate and its corporate social responsibility, chooses to support a number of charities and community organisations which operate in these communities and that align with our company values of Sustainability, Diversity and Inclusion and City Pride. 

Community Partnership

The Star is incredibly proud to have GIVIT as our new National Community Partner. We have worked with GIVIT in the past on a number of initiatives, including bushfire relief efforts and directly supporting some of their 3,800 partner organisations. GIVIT are the disaster relief and charity partner of choice for a number of State Governments across Australia and given the amazing work they do for so many individuals and organisations were the obvious choice to be our National Community Partner.

We look forward to working with GIVIT on a range of passion projects and initiatives over the coming years. For more information on GIVIT please visit www.givit.org.au.

Open Your Hearts

Established in 2008 at The Star Gold Coast and Treasury Brisbane, ‘Open Your Hearts’ is The Star’s team member giving program. In FY2022, the program was expanded to all properties, with an aim to give all team members the same opportunity to make a positive impact on the communities in which they work and live.

Community Grants Program

The support of local community groups and charities plays an important role in building positive relationships between The Star and the places we call home.

The Star Community Grants Program provides support to projects and initiatives that have a positive and lasting impact on our city. It provides a mechanism to fund capital projects, events and activities through a consistent, fair and transparent process to ensure a range of community groups, charities and not-for-profit organisations are supported.

The Community Grants Program is funded through The Star’s Found Monies (standing charity donation boxes, “wishing well” fountains, or the proceeds of lost property sales) to guarantee that this money collected goes back into the community where it is most needed.

Local Spirit

Fostering local spirit, by supporting events that resonate with relevant cities and regions aligns with The Star Entertainment Group’s goal of being a valued participant in the wider community.

The Star Sydney

The Star Sydney is an integral member of the local Pyrmont community and supported local community events including the Pyrmont Food and Wine Festival and Christmas in Pyrmont. 

The Star Sydney also proudly supported its neighbours in the City of Sydney, local community groups and charities through The Star’s Community Grants Programincluding Glebe TreeHouse; Before and After School Care; Beehive Industries; The Freedom Hub; Culture at Work; PCYC Marrickville Club; Ultimo Public School P&C Association Fun Run and Seabin Project. 

The Star Sydney is also a proud supporter of the National Indigenous Culinary Institute; ensuring that aspiring Indigenous chefs can learn and develop under the tutelage of Australia’s top chefs.  

The Star Sydney also continued to maintain strong partnerships with sporting organisations and cultural events important to the city including: NSW Rugby League, Sydney FC, Australian Turf Club’s race meets including The Star Championships and The Everest.

Sydney-Seabin

The Star Gold Coast

The Star Gold Coast maintains several long-term relationships with key charity partners on the Coast and continues to actively encourage team members to contribute to the community in which they live, work and play. Our partnerships with the Currumbin Wildlife Hospital Foundation and Surf Live Saving Queensland have existed for many years and The Star remains committed to supporting such iconic community champions and the invaluable work that they do.

In addition to community donations and partnerships The Star Gold Coast is also involved in developing tourism and visitation to the region through various events and sporting partnerships, including Naming Rights Partner of Gold Coast Magic Millions Carnival and Raceday.

Gold-Coast-Currumbin-Wildlife

Treasury Brisbane

Treasury Brisbane continues its support of local craft brewers and winemakers through its partnership with The Royal National Agricultural and Industrial Association of Queensland’s (RNA) Royal Queensland Beer and Wine Awards. These awards have provided the opportunity to promote some of Queensland’s best beer and wine as well as the emerging talent and craftsmanship of these breweries and wineries.

The Star also partners with one of Queensland’s newest and most prestigious art prizes, the Brisbane Portrait Prize. As the Presenting Partner of the Prize, we are directly investing in showcasing some of the most talented artists in Brisbane and beyond, as well as playing an integral role in an art prize that is quintessentially Brisbane.

Treasury Brisbane will also support local artists through being named the Brisbane Portrait Prize’s Presenting Partner. This new partnership means we continue to support initiatives that grow our skills and talent, as well as create authentic experiences to enjoy across Brisbane.

In Brisbane, we support city icon, Brisbane Broncos, Brisbance Racing Carnival and the Brisbane Fashion Festival.

Brisbane Art Project
No Land In Sight by​ Beth Mitchell​

2016 SHARE SALE FACILITIES

The Star Entertainment Group announced on 5 April 2016 share sale facilities that provided eligible small shareholders the opportunity to sell their shares without incurring any brokerage or handling costs.

Participation in the separate share sale facilities were open to eligible shareholders whose registered address was in Australia or New Zealand as at 7.00pm (Sydney time) on 29 March 2016 (Record Date) and who were:

  1. registered holders of less than a marketable parcel of shares (i.e. less than $500 worth of shares on the Record Date) (Small Holding Sale Facility); or
  2. registered holders of 5,000 or less shares (but held at least $500 worth of shares) on the Record Date (Voluntary Share Sale Facility).

On 5 April 2016, eligible shareholders were sent a letter together with a Share Retention Form (for the Small Holding Sale Facility) or a Sale Instruction Form (for the Voluntary Share Sale Facility), and Terms and Conditions for the relevant share sale facility.

Both share sale facilities closed at 5:00pm (Sydney time) on 17 May 2016 (Closing Date).

All participants who had their SGR shares sold under either the Small Holding Sale Facility or the Voluntary Share Sale Facility received the same average price of $5.51 per share, which was calculated by dividing the total proceeds from the sale of all SGR shares sold under the facilities by the total number of SGR shares sold under the facilities.

Payment of the sale proceeds were made to participating shareholders on 27 May 2016 in accordance with their payment instructions as recorded on the share register.

Small Holding Sale Facility

The Small Holding Sale Facility was conducted in accordance with The Star Entertainment Group’s Constitution and the Australian Securities Exchange Listing Rules that enables all listed companies to sell shareholdings valued at less than $500 (Unmarketable Parcel).

Based on a share price of $5.68, being the closing price of The Star Entertainment Group (SGR) shares on the Australian Securities Exchange on the Record Date, an Unmarketable Parcel was any holding of 88 shares or less.

Eligible shareholders who wished to retain their Unmarketable Parcel were required to return a Share Retention Form to the share registry by the Closing Date.

Small Holding Facility Key Dates:

  • 29 March 2016 (7pm) – Record Date
  • 5 April 2016 – Facility Opened
  • 17 May 2016 (5pm) – Facility Closed
  • 27 May 2016 – Payment of sale proceeds and mailing of payment advices

Voluntary Share Sale Facility

The Voluntary Share Sale Facility was conducted in accordance with Class Order CO 08/10 issued by the Australian Securities and Investment Commission.

Eligible shareholders who wished to sell their shares under the Voluntary Share Sale Facility were required to return a Sale Instruction Form by the Closing Date.

Voluntary Holding Facility Key Dates:

  • 29 March 2016 (7pm) – Record Date
  • 5 April 2016 – Facility Opened
  • 17 May 2016 (5pm) – Facility Closed
  • 27 May 2016 – Payment of sale proceeds and mailing of payment advices

For full details of the Small Holding Sale Facility and the Voluntary Share Sale Facility, please see the ASX Announcement dated 5 April 2016 in the News section of our website.

POST DEMERGER TAX INFORMATION

The demerger of The Star Entertainment Group (formerly known as Echo Entertainment Group Limited) from Tabcorp Holdings Limited (Tabcorp) was implemented on 15 June 2011 by way of Scheme of Arrangement pursuant to the Tabcorp Scheme Booklet dated 15 April 2011 (Demerger).

As part of the Demerger, Tabcorp sought a ruling from the Australian Taxation Office on the taxation implications for shareholders. On 29 June 2011, the Australian Taxation Office issued Class Ruling CR 2011/66, in accordance with the application made by Tabcorp. A copy of the Class Ruling CR 2011/66 can be viewed here.

A Tax Calculator is provided below to assist shareholders in calculating the Australian capital gains tax cost base allocation for Tabcorp shares and The Star Entertainment Group shares. The Tax Calculator is a general guide only and does not constitute tax advice. Shareholders should seek advice from an appropriate professional adviser on the tax implications of the Demerger based on their own individual circumstances.

Click here to download the Tax Calculator
Click here to access information on the Australian Taxation Office website