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Current Government-owned businesses

Energy industry

Five of the Queensland Government-owned businesses operate in the energy industry:

Transport industry

Five Queensland Government-owned businesses operate in the transport industry:

Other industries

These Government-owned businesses operate in the funds management and natural resources industries:

Details of Government-owned businesses

The following table provides details of each Government-owned business that is monitored by Queensland Treasury and Trade, including industry sector, shareholding / responsible Ministers. For Government-owned corporations governed by the Government Owned Corporations Act 1993, the date corporatised and the date converted to a company is also provided. Government-owned businesses not subject to the Government Owned Corporations Act 1993 are separately outlined.


Industry sector Government-owned corporation Shareholding Ministers Date corporatised Date converted to company

Energy

Generation

CS Energy Ltd The Hon. Tim Nicholls MP, Treasurer and Minister for Trade

The Hon. Mark McArdle MP, Minister for Energy and Water Supply
1 July 1997 All created as company Government-owned corporations at time of corporatisation
Stanwell Corp. Ltd 1 July 1997 (Tarong Energy Corporation Limited converted to a subsidiary of Stanwell Corporation Limited on 1 July 2011)
Transmission Queensland Electricity Transmission Corporation Limited (Powerlink Queensland) 1 July 1997
Distribution ENERGEX Ltd 1 July 1997
Ergon Energy Corp. Ltd 1 July 1999

Transport

Ports 
Far North Queensland Ports Corporation Limited (Ports North) The Hon. Tim Nicholls MP, Treasurer and Minister for Trade

The Hon. Scott Emerson MP, Minister for Transport and Main Roads
1 July 1995 1 July 2008
(Previously Cairns Ports Limited)
Gladstone Ports Corporation Limited 1 July 1994
(Gladstone Port Authority and Rockhampton Port Authority merged on 1 July 2004)
1 July 2008
North Queensland Bulk Ports Corporation Limited 19 June 2009
(Mackay Ports Limited and Ports Corporation of Queensland Limited converted to subsidiary of North Queensland Bulk Ports Corporation Limited on 2 July 2009)
1 July 2009
Port of Townsville Limited 1 July 1995 1 July 2008

Other

QIC Limited The Hon Campbell Newman MP, Premier

The Hon. Tim Nicholls MP, Treasurer and Minister for Trade
1 October 1994 30 September 2008
SunWater Limited The Hon. Tim Nicholls MP, Treasurer and Minister for Trade

The Hon. Mark McArdle MP, Minister for Energy and Water Supply
1 October 2000 1 July 2008

 

Industry sector Government-owned business Responsible Ministers Date established Date converted to company

Transport

Rail 

Queensland Rail The Hon. Tim Nicholls MP, Treasurer and Minister for Trade

The Hon. Scott Emerson MP, Minister for Transport and Main Roads
3 May 2013 Queensland Rail is not a company. It is a statutory body.

Other

Water

Queensland Bulk Water Supply Authority (trading as Seqwater) The Hon. Tim Nicholls MP, Treasurer and Minister for Trade

The Hon. Mark McArdle MP, Minister for Energy and Water Supply
1 January 2013 Seqwater is not a company. It is a statutory body.

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Last reviewed 4 July 2013