Government Business Enterprises (GBEs)

The Government Businesses Advice Branch (GBAB) provides advice to the Australian Government relating to its Government Business Enterprises (GBEs) and other commercial entities.

The branch's primary tasks in relation to GBEs is to:

  • provide sound strategic and analytical advice to the Minister for Finance, in particular by engaging with the GBEs, analysing their operations and their environment, and consulting with stakeholders;
  • action the Minister's decisions including communicating objectives; and
  • ensure that there is a robust and sound governance framework in place by initiating change and contributing to policy development.

Government Business Enterprises (GBEs) are governed by the Public Governance, Performance and Accountability Act 2013 (PGPA Act) [External Site] and its Rules and Guidance [External Site].

The Australian Government's relationship to its GBEs is similar to the relationship between a holding company and its subsidiaries, features of which include:

  • a strong interest in the performance and financial returns of the GBE;
  • reporting and accountability arrangements that facilitate active oversight by the shareholder;
  • action by the shareholder in relation to the strategic direction of its GBEs where it prefers a different direction from the one proposed;
  • management autonomy balanced with regular reporting of performance to shareholders; and
  • boards that are accountable to shareholders for GBE performance, and shareholders that are accountable to Parliament and the public.

To enable greater public accountability, wholly owned GBEs are required to prepare a Statement of Corporate Intent (SCI) in consultation with Shareholder Ministers.

A SCI focuses on the purpose and corporate outlook of a GBE, and expresses the expectations of its management in relation to future financial and non-financial performance.

The following is a list of the Australian Government's GBEs, with links to their websites, where available:

Other entities which are not prescribed as GBEs but which GBAB also provides advice to the Government are:

* In the 2014-15 Budget, the Government made a decision to wind-up the Australian River Co. Limited and cease the Albury-Wodonga Corporation. This directive can be found in Budget Paper No. 2: Budget Measures [External Site].

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Contact for information on this page: GBE contact
If you have any accessibility difficulties please contact GBAB@finance.gov.au