Government Owned Corporations
The government is responsible for a number of corporations, of which the responsible minister typically holds a 100% ownership stake in. These include:
- Cairns Port Authority
- CS Energy
- Energex
- Ergon
- Golden Casket
- Mackay Port Authority
- Office of Government Owned Corporations
- Port of Brisbane
- Port of Townsville
- Ports Corporation of Queensland
- Powerlink Queensland
- Queensland Investment Corporation
- Queensland Rail
- South Bank Corporation
- Stanwell Corporation
- SunWater
- Tarong Energy
In 2006, then-Premier Peter Beattie privatised a number of government owned electricity retailers.
On June 2, 2009 the government announced the 'Renewing Queensland Plan' that would sell state-owned railway, port and forestry assets to raise $15 billion, and avoid a further $12 billion required in future capital investment. On 18 May 2010, Queensland Forestry Plantations was the first commercial business to be sold.
Read more about this topic: Government Of Queensland
Famous quotes containing the words government, owned and/or corporations:
“The people will save their government, if the government itself will allow them.”
—Abraham Lincoln (1809–1865)
“The only free road, the Underground Railroad, is owned and managed by the Vigilant Committee. They have tunneled under the whole breadth of the land.”
—Henry David Thoreau (1817–1862)
“I cannot believe that our factory system is the best mode by which men may get clothing. The condition of the operatives is becoming every day more like that of the English; and it cannot be wondered at, since, as far as I have heard or observed, the principal object is, not that mankind may be well and honestly clad, but, unquestionably, that the corporations may be enriched.”
—Henry David Thoreau (1817–1862)