Potential Government Business Divestment - Initial Assessment

​​​In the Government Business Governance Reform Draft Plan, it was noted that the Government would review the entire Government business portfolio to:

  • define a principles-based approach for Government’s ownership of businesses; 
  • assess whether public ownership of each business remains appropriate; and 
  • identify any businesses which should be divested or restructured. ​

Economist Saul Eslake was engaged to undertake a high-level assessment of the potential opportunities, risks and issues associated with divestment of Government businesses, including an initial assessment of each Tasmanian Government business and the Land Titles Office. 

The first stage involved identifying Government businesses recommended to be ruled out for divestment as a whole entity. 

The Stage 1 Report was released by the Government on 29 May 2025.

Initial Assessment - Potential Government Business Divestment - Stage 1 Final Report - April 2025 (PDF 533Kb)

On 7 June 2025, the Government announced that it was no longer considering privatisation of any Government-owned businesses and that work would cease on the second stage of Saul Eslake's assessment. 

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