Government-owned corporations
The government established these businesses on behalf of Queenslanders as they were services critical to the economy, provided crucial infrastructure to the state and the marketplace did not support their private establishment. Over time, the Queensland Government has corporatised these commercial businesses to enable them to operate efficiently.
Queensland Treasury monitors the performance of these government-owned corporations (GOCs) as well as 2 statutory bodies with commercial operations. These are listed below.
We are 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 GOCs are bound by a regulatory framework that includes the Queensland Government Owned Corporations Act 1993 and the Corporations Act 2001 (Cth).
| 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 Chief Executive Officer (CEO) of a GOC is responsible for notifying the Crime and Corruption Commission (CCC) of potential corrupt conduct. If the CEO does not notify the CCC, this responsibility shifts to the Under Treasurer if a complaint is made to the Under Treasurer.
The CCC deals with 2 types of corrupt conduct:
- Type A – conduct that affects, or could affect, how GOC officers perform their functions or exercise their powers.
- Type B – conduct that impairs, or could impair, public confidence in public administration.
Read section 15 of the Crime and Corruption Act 2001 for the full definition of corrupt conduct.
Make a complaint
Complete the Complaint form – government-owned corporation and send it to Queensland Treasury by:
- post to GPO Box 611, Brisbane, QLD 4001
or - email GOCcomplaints@treasury.qld.gov.au.
After submitting a complaint
We promptly acknowledge complaints in writing.
The matters you raise will be assessed in accordance with the CCC’s Corruption in focus guide.
If the complaint gives rise to a reasonable suspicion of potential corrupt conduct, we will refer it to the CCC for their assessment.
Where appropriate, we will let you know the outcome of your complaint (e.g. we may let you know if your complaint was referred to the CCC).
Protections
When making a complaint 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 is not a proper authority to accept or receive public interest disclosures from GOC employees. GOC employees must comply with their employers published policies to receive the legal protections afforded to a public interest discloser or whistleblower.
In the first instance, we will refer GOC employee complainants to their employers published policies to ensure they are considering their rights and options to make a complaint.
Queensland Treasury treats every complaint received with strict confidentiality.
More information
- Access guidance documents on how government-owned corporations conduct business.
- Learn about Queensland Government boards and committees, including how to become a memeber.
- We are committed to increasing the number of women on boards. Learn how to support gender parity in Queensland.