Building Queensland through consultation
Treasury's engagement with the State's Government owned corporations (GOCs) allows the GOCs to help drive Queensland's infrastructure program.
The Office of Government Owned Corporations (OGOC) meets regularly with senior GOC officers on emerging issues, investment proposals, strategic planning and reporting requirements. The feedback from GOCs helps ensure value for money is balanced with social policy considerations.
In 2006-07, on-site engagement proved a particularly effective way for the OGOC team to build relationships.
The team visited Queensland's ports and several power stations to gain an in-depth understanding of their stakeholders' business.
OGOC also established a forum for GOCs to discuss the impact of policy and governance issues on the sector. High on the agenda was the amendment of the Government Owned Corporations Act 1993, the impact of which included the conversion of statutory GOCs to company GOCs. GOCs found the forum invaluable in supporting them through the changes introduced by the Act.
In the coming year, stakeholder engagement will grow in importance as GOCs undertake their $4.6 billion capital program.
Last reviewed 29 September 2008
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