The growing size and significance of investments by Sovereign Wealth Funds (SWFs) and State-Owned Enterprises (SOEs), especially those of rapidly growing Asian economies, are having a profound impact on the dynamics of markets across the world. Better understanding global state investment capital is an increasingly important strategic priority for governments, regulators, finance sector participants and...

This research paper assesses the financial performance of 85 federal, state and territory government trading enterprises. It forms part of the commission's research into the performance of Australian industries and the progress of microeconomic reform.