Water sector coordination
Statement of Expectations
To provide greater clarity and transparency of the Government’s strategic direction for State Owned Corporations (SOCs) in the water sector, the Minister for Lands and Water, the Treasurer and the Minister for Finance have issued Statement of Expectations (SoEs) for Sydney Water Corporation, Hunter Water Corporation and Water NSW.
The SoEs are outcomes focused and complement the SOCs’ strategic planning. They are also a mechanism for engaging with stakeholders and support a coordinated approach to achieving sector outcomes.
While they operate at arm’s-length to the Government through independent boards, the SOCs are still government entities. As such, SOCs are expected to be effective at delivering portfolio and policy outcomes in a commercial manner.
