Government-owned corporations
The government established these businesses on behalf of Queenslanders because they were services critical to the economy, provided crucial infrastructure to the state and the marketplace did not support their private establishment. Over the years, the Queensland Government has corporatised these commercial businesses to enable them to operate efficiently.
Queensland Treasury monitors the performance of all these government-owned corporations. We also monitor the performance of 2 statutory bodies which have commercial operations. The statutory bodies and government-owned corporations are listed below.
Queensland Treasury is responsible for:
- negotiating the annual performance contract and five-yearly plans for the businesses and monitoring performance against targets throughout the year
- assessing major investment proposals to ensure they fit the government’s objectives for the community
- advising responsible and shareholding Ministers of critical current and emerging issues that may impact on government-owned businesses
- administering the process for appointments to boards of government-owned businesses.
All the government-owned corporations are bound by a regulatory framework that includes the Queensland Government Owned Corporations Act 1993 and the federal Corporations Act 2001 (Cth).
Access other guidance documents on how government-owned corporations conduct business.
Read more information on Queensland Government boards, committees and other government bodies, including how to join the Register of Nominees to Government Bodies.
The Queensland Government is committed to increasing the number of women on boards. Find out how you can make a positive difference for gender parity in Queensland.
| Name | Shareholding ministers | Date corporatised (under state GOC Act) | Date converted to company (under federal Corporations Act 2001) |
|---|---|---|---|
| Energy generation | |||
| CS Energy Limited |
|
1 July 1997 | |
| Stanwell Corporation Limited |
|
1 July 1997 (Tarong Energy Corporation Limited converted to a subsidiary of Stanwell Corporation Limited on 1 July 2011) | |
| CleanCo Queensland Limited |
|
13 October 2018 | 17 December 2018 |
| Energy transmission | |||
| Queensland Electricity Transmission Corporation Limited (Powerlink Queensland) |
|
1 July 1997 | |
| Energy distribution | |||
| Energy Queensland Limited |
|
30 June 2016 | |
| Ports | |||
| Far North Queensland Ports Corporation Limited (Ports North) |
|
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 |
| Water | |||
| Sunwater Limited |
|
1 October 2000 | 1 July 2008 |
| Other | |||
| QIC Limited |
|
1 October 1994 | 30 September 2008 |
| Statutory body | Responsible ministers | Date established |
|---|---|---|
| Rail | ||
| Queensland Rail Transit Authority (Queensland Rail) |
|
3 May 2013 |
| Water | ||
| Queensland Bulk Water Supply Authority (Seqwater) |
|
1 January 2013 |
The Under Treasurer is responsible for notifying the Crime and Corruption Commission of potential corrupt conduct involving government-owned corporations.
You can make a complaint to Queensland Treasury about possible corrupt conduct involving any of the government-owned corporations by downloading and completing the Complaint Form – government-owned corporation and:
- scanning and posting it to GPO Box 611, Brisbane, QLD 4001 or
- scanning and emailing it to the Treasury government-owned corporations complaints mailbox GOCcomplaints@treasury.qld.gov.au
What is a corrupt conduct complaint?
The Crime and Corruption Commission deals with two types of corrupt conduct. Type A corrupt conduct involves conduct that affects, or could affect, how government-owned corporation officers perform their functions or exercise their powers. Type B corrupt conduct involves conduct that impairs, or could impair, public confidence in public administration. For more information about the definition of corrupt conduct, please refer to section 15 of the Crime and Corruption Act 2001.
What happens to your corrupt conduct complaint?
Queensland Treasury acknowledges all complaints in writing within 5 business days of receipt.
The matters you raise will be assessed in accordance with the Commission’s Corruption in focus guide.
If the complaint gives rise to a reasonable suspicion of potential corrupt conduct, Queensland Treasury will refer it to the Crime and Corruption Commission for their assessment.
Where appropriate, Queensland Treasury will let you know the outcome of your complaint (such as whether the matter has been referred to the Crime and Corruption Commission).
Protections
In making a complaint about possible corrupt conduct involving a government-owned corporation you may be entitled to legal protections including ‘public interest discloser’ under the Public Interest Disclosure Act 2010 and/or whistleblower protection under the Corporations Act 2001 (Cth).
Queensland Treasury will consider what protections may apply when assessing your complaint and will communicate this with you. It also will take steps to ensure that appropriate arrangements are in place to manage those protections, including any confidentiality requirements.