Office of Government Owned Corporations (OGOC)

The role of OGOC is to manage the State Government's shareholding relationship with GOCs. In doing so, OGOC works closely with the departments of portfolio Ministers with shareholding responsibilities. These include the Minister for Transport and Main Roads, the Minister for Natural Resources and Water and the Minister for Mines and Energy.
OGOC and shareholding Ministers' departments are responsible for:

negotiating outcomes of the annual performance contract or Statement of Corporate Intent (SCI) as well as the five-yearly Corporate Plan
monitoring the performance of GOCs and determining dividend payments
assessing major investment proposals
GOC Board appointments
ensuring GOC compliance with relevant Queensland Government policies
administering the Government Owned Corporations Act 1993.

Last reviewed 4 June 2008