Guidance documents for government-owned corporations
| Document | Summary | Date updated |
|---|---|---|
| Code of Practice for Financial Arrangements | This Code of Practice outlines approval requirements and guidelines within which GOCs must operate in entering into financial arrangements. | 2 March 2021 |
| Chief and Senior Executive Employment Arrangements | These guidelines provide for requirements for GOC chief and senior executive employment arrangements. | 19 Aug 2024 |
| Competitive Neutrality and Queensland Government Business Activities | This paper outlines the approach to be taken by the Queensland Government in applying the principle of competitive neutrality to its significant business activities. | 2 May 2017 |
| Corporate Governance Guidelines for Government Owned Corporations | These guidelines summarise the expectations of shareholding Ministers in relation to the corporate governance of all Queensland GOCs established under the Government Owned Corporations Act 1993. | 2 May 2017 |
| Cost of Capital Principles | These principles provide a framework for the calculation of cost of capital for GOCs. | 2 March 2021 |
| Export of Services Guidelines | These guidelines assist GOCs in considering opportunities for the potential export of their services, whilst recognising the interests and tolerances of shareholding Ministers. | 2 March 2021 |
| Full Cost Pricing Policy | This policy provides guidance to departments on implementing a full cost pricing policy for significant business activities as required under National Competition Policy and commercialised business units under the Queensland Government’s Financial and Performance Management Standard 2009. | 2 May 2017 |
| Guide for Board Appointments to Government Owned Corporations, Queensland Rail and Seqwater | This guide outlines the processes undertaken in the appointment of independent, non-executive directors to Government commercial businesses. | 18 March 2019 |
| Guidelines for the Issue of Harbour Towage Licences by Port Government Owned Corporations | These guidelines are for port GOCs to use prior to issuing harbour towage licences. | 2 March 2021 |
| Investment Guidelines | These guidelines set out the key principles for GOCs to adopt when undertaking investment and other such related activities within the scope outlined below, ensuring that shareholding Ministers’ requirements are met while still enabling GOCs to pursue commercial effectiveness in their business activities and enhance shareholder value. | 2 March 2021 |
| Joint Venture Agreements Guidelines | These guidelines set out the key issues for GOCs to consider when contemplating entering into Joint Venture agreements. | 2 March 2021 |
| Key Shareholder Requirements for Subsidiary Constitutions | The following information is intended as a guide, not a direction, on provisions GOC subsidiary constitutions should contain. Adherence to the guide will facilitate shareholding Minister approvals relating to GOC subsidiaries. | 2 March 2021 |
| National Competition Policy and Queensland Local Government | This paper outlines the application of the elements of the Competition Principles Agreement to Queensland Local Government and is based on two issues papers prepared by the joint State/Local Government NCP Working Group and feedback from councils and other major stakeholders. | 2 May 2017 |
| Protocols for making Public Submissions | Outlines shareholding Ministers’ expectations for consultation on proposed public submissions by GOCs. | 2 March 2021 |
| Release of Information Arrangements | A framework for the increased publication of information relating to GOCs. | 2 March 2021 |
| Sponsorship, Advertising, Donations, Corporate Entertainment and Hospitality Guidelines | These guidelines apply to any corporate hospitality or entertainment provided by boards and employees of Government owned corporations and their subsidiaries. | 2 March 2021 |
| Supplementary Requirements for Disclosure of GOC Directors and Chief and Senior Executives Remuneration | This updated guidance clarifies the supplementary Key Management Personnel-related remuneration disclosures that will continue to be required of GOCs beyond the requirements applied by AASB 124 for reporting periods beginning on or after 1 July 2013. | 2 March 2021 |