Under the GOC Act, Queensland Rail is required to report each quarter on its performance against its Corporate Plan. Additionally, Queensland Rail provides an Annual Report on its performance against its Corporate Plan. The Queensland Rail Annual Report is tabled in Parliament.
Queensland Rail’s Statement of Corporate Intent (SCI) is prepared each financial year in accordance with the requirements of the Government Owned Corporations Act 1993 (GOC Act).
Annual Reports
Statement of Corporate Intent
Parliamentary SCI Final 2006-2007
The SCI is the formal statement of intentions, key policies and the performance agreement between the Board of Queensland Rail and its Shareholding Ministers, the Deputy Premier, Treasurer and Minister for Infrastructure and the Minister for Transport and Main Roads. It is consistent with Queensland Rail’s five year Corporate Plan.
Queensland Rail’s Capital Structure, Dividend Policy and Financial Risk
The SCI includes details of policies for capital structure, dividend payout and the management of financial risk.
Transport Services Contracts funding
Queensland Rail is contracted by the Queensland Government to provide the following service outputs:
- passenger and commuter services
- parts of Queensland Rail Travel
- some freight services
- some network infrastructure (for agreed rail infrastructure network standards and capacity).
The SCI outlines the funding of the above services, which provides for Government’s Transport Services Contracts. Additionally, the SCI outlines the principles for developing:
- Clear and transparent contracts (Transport Services Contracts) for providing these services
- Separation of this funding from any subsidies associated with shareholder interest in objectives other than transport outcomes.
Employment and Industrial Relations Plan
This plan guides Queensland Rail in developing and maintaining conditions of employment for employees, including labour market-based remuneration. The Employment and Industrial Relations Plan contains information relating to:
- staff profile (by employment type)
- workforce management and industrial relations strategies
- training and development
- staff performance management
- employment policies and strategies
- remuneration arrangements
- superannuation details
- equity and anti-discrimination strategies
- obligations under employment legislation.
Performance Monitoring
The SCI contains a framework for performance monitoring that ensures the Queensland Rail Board is accountable to its Shareholding Ministers for Queensland Rail’s performance.
Under the GOC Act, Queensland Rail is required to report each quarter on its performance against its Corporate Plan.
Please note: These documents, policies and procedures may be currently under revision. Please continue to revisit this website to obtain up to date versions as they are made available.