• Asset Sales

    Following the release of the 2016-17 Budget on 12 May 2016, the Government’s current asset sales program comprises:

    • Perth Market Authority (completed and currently undertaking final transaction closure);
    • Utah Point Bulk Handling Facility;
    • Fremantle Port; and 
    • Totalisator Agency Board.

         
       


    The Government also announced in the 2016-17 Budget the proposed divestment of Western Power and Horizon Power’s transmission and distribution assets in the Pilbara. A final decision to sell these assets will not be made until after the next election.

    In addition to the current divestments, the Department of Treasury will continue working with the relevant government agencies to progress further investigation of divestment options for:

    • ­ a portfolio of Government Regional Officer Housing stock; ­
    • part of Keystart’s loan book (further information); and ­
    • various Government-owned office buildings.

     

     Further information around these investigations will be provided in due course.