Tasmanian government departments and agencies

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Government Business Enterprises

The Tasmanian government's 2009/2010 budget papers stated that Government Business Enterprises (GBEs) "are entities which operate outside the Public Account, principally on the basis of funds derived through their operations, and have no impact on Budget expenditure except in circumstances where they receive funding for CSOs [community Service Obligations - ed] or receive payments for services provided. GBEs also may provide returns to the Consolidated Fund in the form of dividends to shareholders (the State) and the payment of taxation equivalents and guarantee fees and are subject to their own enabling legislation and the Government Business Enterprises Act 1995. GBEs prepare annual reports, with financial statements on a commercial, accrual accounting basis, which are tabled in Parliament and are subject to audit by the Auditor-General as the auditor appointed by the shareholders."[citation needed]

The budget papers also state that GBE's "may receive CSO payments which are reported by the purchasing department as Grants and Subsidies expenditure."[citation needed] Oversight of the GBE's rests with the minister with responsibility for the relevant portfolio and the Treasurer, Michael Aird.

Current GBE's are:

  • Forestry Tasmania which is overseen by David Llewellyn, the Minister for Infrastructure, Energy and Resources
  • Hydro Tasmania which is overseen by David Llewellyn, the Minister for Infrastructure, Energy and Resources
  • the Motor Accidents Insurance Board which is overseen by Graeme Sturges, the Minister for Infrastructure, Energy and Resources
  • the Port Arthur Historic Site Management Authority which is overseen by Michelle O’Byrne, the Minister for Primary Industries, Parks, Water and the Environment;
  • the Rivers and Water Supply Commission which is overseen by David Llewellyn as Minister for Primary Industries, Parks, Water and the Environment
  • the Tasmanian Public Finance Corporation which is overseen by Treasurer Michael Aird and the Department of Treasury and Finance
  • the Public Trustee which is overseen by Lara Giddings and the Minister for Justice.

State-Owned Companies

State-owned companies have two shareholders, the Treasurer and the Minister for the relevant portfolio. Current state-owned companies are:

  • Aurora Energy Pty Ltd, whose shareholding ministers are David Llewellyn and Treasurer Michael Aird;
  • Tasmanian Ports Corporation Pty Ltd whose shareholding ministers are Graeme Sturges and Treasurer Michael Aird;
  • Metro Tasmania Pty Ltd whose shareholding ministers are Graeme Sturges and Treasurer Michael Aird;
  • TOTE Tasmania Pty Ltd whose shareholding ministers are Graeme Sturges and Treasurer Michael Aird;
  • Transend Networks Pty Ltd whose shareholding minister are David Llewellyn and Treasurer Michael Aird;
  • TT-Line Company Pty Ltd whose shareholding ministers are Graeme Sturges and Treasurer Michael Aird;

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