QIC is regulated by State Government legislation pertaining to government owned corporations
in addition to the Corporations Act 2001 (Cth) ("Corporations Act").
Treasurer Tim Nicholls said the Results of audit: Queensland state government financial statements 2013-14 report found that the Government s financial reporting was of a high standard and a true and fair reflection of the finances of both Government and the overall government sector, which includes government owned corporations
Mr Nicholls said the Government remained committed to the simplification of employment agreements, including the removal of the no forced redundancy provisions for most government owned corporations
TIR is an Information Technology company providing specialized services to many Malaysian companies and partial government owned corporations
such as Tongkah Holdings Berhard, Pantai Hospital Berhard and Medicare, WorldCare Health (Malaysia), Tongkah Otto Sdn Bhd (waste management), Automobile Association of Malaysia (AAM), Petroleum National Berhad (Petronas), Esso Production (M) Sdn Bhd and others.
From July 1 next year the Power and Water Corporation (PWC) will be restructured to create two new stand-alone government owned corporations
with separate boards.
The report sets out a range of other measures by which to derive funds from Government Owned Corporations
(GOC) to pay down some of the debt, including significant reform to improve efficiency.
The Board will examine the financial position of the Northern Territory budget and Government owned corporations
as well as taxpayer contributions to projects such as the marine supply base, prison and Darwin waterfront.
The eDRMS will also be made available to Statutory Authorities and Government Owned Corporations