Examples of Government Business Enterprises?

[jackinthepatch]

Anyone got a couple of examples? I'd just like to be able to add examples to my answer for this potential SAC question if it happens to pop up.

[nbalakers24]

Vicroads, Auspost, Medibank private,

Medicare?

hmm... i'll try and think of more

[jackinthepatch]

Oh thanks man, that's enough for sure lol, appreciate it.

[nbalakers24]

no probs, glad to help.

[wombifat]

is auspost still a government enterprise though? wasn't it privatised?

[nbalakers24]

Governance Framework

As a Government Business Enterprise (GBE), Australia Post is subject to the particular requirements of the Australian Postal Corporation Act, and the Commonwealth Authorities and Companies Act, as well as the Government's Governance Arrangements for Commonwealth Government Business Enterprises.

 

An overview of this regulatory framework and Australia Post's associated governance practices is provided in an outline governance framework document.

 

Shareholder Ministers

Within the Australian Government, the Minister for Broadband, Communications and the Digital Economy has portfolio responsibility for Australia Post. Under a dual shareholder model, overall responsibility is shared with the Minister for Finance and Deregulation.

 

Board

The Australia Post Board comprises up to nine directors, eight of whom serve in a non-executive capacity. The Managing Director is the sole executive director.

 

Non-executive directors are appointed by the Governor-General on the nomination of the portfolio minister.

 

The Board is accountable for Australia Post's overall performance. It sets the Corporation's key objectives and strategies through a rolling 3-year Corporate Plan, which is submitted annually to the shareholder ministers. Progress against the Plan is reported quarterly.

 

Profiles of our Board members can be found in our Annual Report.


Aus post is a GBE