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Treasury & financeAgency

Office of Asset Sales and Information Technology Outsourcing

OASITO

1997 – 2001

Previously Office of Asset Sales (1996–1997).

Finance-portfolio office that managed the sale of Commonwealth businesses and shareholdings, including Telstra shares, and the whole-of-government information technology infrastructure outsourcing initiative.

Names over time

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

How it came into existence

Formed in 1997 in the Finance portfolio by combining the Office of Asset Sales with responsibility for the Howard government's IT infrastructure outsourcing initiative, which the Office of Government Information Technology had coordinated.

How it ended

Abolished in 2001 after the Humphry review of the IT outsourcing initiative; its remaining asset sales and IT outsourcing responsibilities returned to the Department of Finance and Administration.

Main functions

  • Management of Commonwealth asset sales
  • Sale of Commonwealth shares in Telstra
  • Whole-of-government IT infrastructure outsourcing
  • Advice on scoping and structuring of sales

Where it sits

Lineage

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Sources

Government records and websites

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