Financial Performance of Government Trading Enterprises 2004-05 to 2005-06

Productivity Commission ()

Research Papers from Productivity Commission, Government of Australia

Abstract: This report provides information on the financial performance of 85 Australian, State and Territory Government trading enterprises (GTEs) and also examines the influence of different asset valuation methods and rate of return measures on performance comparisons and capital management (2004-05 to 2005-06). Although in aggregate, profitability increased in all sectors (with the largest improvements in the electricity, railways and forestry sectors), 37 per cent of GTEs recorded declines, and 13 per cent did not report a profit. Despite some improvement, about half of the monitored GTEs did not achieve commercial rates of return in 2005-06, underscoring a long-term failure of governments to operate these businesses on a fully commercial basis in accordance with their competition policy undertakings. Financial performance monitoring of GTEs forms part of the Commission’s research into the performance of Australian industries and the progress of microeconomic reform. The monitored GTEs provide services in key sectors of the economy — including electricity, water, urban transport, railways, ports and forestry.

Keywords: Drainage; Electricity; Forests; Government businesses; Government Trading Enterprises (GTEs); Irrigation; Ports; Railways; Sector reforms; Sewerage; Urban transport; Water (search for similar items in EconPapers)
JEL-codes: D H (search for similar items in EconPapers)
Pages: 356 pages.
Date: 2007-07
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.pc.gov.au/__data/assets/pdf_file/0009/67347/gte0506.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.pc.gov.au/__data/assets/pdf_file/0009/67347/gte0506.pdf [301 Moved Permanently]--> https://www.pc.gov.au/__data/assets/pdf_file/0009/67347/gte0506.pdf)
http://www.pc.gov.au/research/commissionresearch/gte0506 (text/html)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.pc.gov.au/research/commissionresearch/gte0506 [301 Moved Permanently]--> https://www.pc.gov.au/research/commissionresearch/gte0506)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:prodrp:0702

Access Statistics for this paper

More papers in Research Papers from Productivity Commission, Government of Australia Contact information at EDIRC.
Bibliographic data for series maintained by MAPS ().