Tasmanian Government businesses should deliver services to Tasmanians at the lowest sustainable cost while also growing our economy and engaging with business and community in a constructive manner as outlined in the 2030 Strong Plan for Tasmania's Future.
With assistance from Saul Eslake, the Tasmanian Government will evaluate the economic impacts and potential merit or otherwise of divestment of government businesses. It will also seek advice on whether a business should be restructured or realigned.
Treasurer Guy Barnett, said the Government is acutely aware of the need to provide certainty to employees of Government businesses and the Tasmanians they service.
That's why we will progress this important work as a staged approach.
The first stage will include an initial assessment over the coming weeks to determine if the business should progress to a more thorough analysis.
The Treasurer said the assessment of government businesses will take a "Team Tasmania" approach, to ensure that any divestment or restructure decisions align with the State's long-term interests, prioritising local businesses, communities, and sustainable growth.
We have developed a principles-based framework - in consultation with Mr Eslake - that ensures any divestment or restructure benefits Tasmania's economy, workforce, and public services which will be refined in coming weeks.
Key considerations include:
1. Local Economic Growth and Job Creation
2. Community Access and Public Benefit
3. Competition and Market Fairness
4. Fiscal and Budgetary Responsibility
Government will continue to engage with Government businesses and the Industry Reference Group regarding this work.
The Treasurer will provide regular updates on the progress of this important reform project.
