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Treasury & financeAgency

Office of Asset Sales

OAS

1996 – 1997

Renamed Office of Asset Sales and Information Technology Outsourcing in 1997.

Finance portfolio office that managed the sale of Commonwealth businesses and shareholdings in the first years of the Howard government's asset sales program.

Names over time

  1. Office of Asset Sales1996–1997
  2. Office of Asset Sales and Information Technology Outsourcing1997–2001

How it came into existence

Set up in the Finance portfolio about 1996 to manage the Commonwealth's asset sales, taking over that work from the Department of Finance. Its exact start date, and whether it continued an earlier asset sales unit of the Keating government, are not confirmed.

How it ended

Renamed the Office of Asset Sales and Information Technology Outsourcing in 1997, when it was also given responsibility for the whole-of-government IT infrastructure outsourcing initiative.

Main functions

  • Management of Commonwealth asset sales
  • Advice on scoping and structuring of sales
  • Engagement and management of sale advisers

Where it sits

Last in the portfolio of Department of Finance.

Lineage

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Sources

Some dates or links for this organisation are uncertain. Corrections are welcome.