Protecting Public Assets and Services Bill 2024

What the bill says it does

The purposes of this Act are— (a) to require the Public Accounts and Estimates Committee to review, report on and make recommendations relating to proposed transactions for the privatisation of certain public assets and statutory functions; and (b) to prohibit transactions for the privatisation of certain public assets and statutory functions without the approval of both Houses of the Parliament; and (c) to provide for the termination, on 1 January 2030, of agreements and leases entered into for the purposes of the Public Housing Renewal Program Package 1 Project and the Ground Lease Model 2 Project.

Quoted from: Purpose clause of the bill as introduced. Not written or edited by FOCUp.

Official sources

• Parliament of Victoria: this bill
• Introduction print – Explanatory Memorandum (DOCX)
• Introduction print – Bill (DOCX)
• Introduction print – Bill (PDF)
• Introduction print – Explanatory Memorandum (PDF)

Timeline

1. First reading passed — Legislative Council

   10 Sept 2024

2. First reading: Statement of compatibility tabled — Legislative Council

   11 Sept 2024 · Source

3. Second reading moved — Legislative Council

   11 Sept 2024 · Source

Election commitments on the same subject

Matched by shared budget line and wording. A match does not mean this bill delivers the commitment.

• Quotas for disability employment in the public service · Victorian Greens · 12 Aug 2026
• Implement a hiring freeze for back-office public sector roles · Victorian Liberals and Nationals · 8 May 2026
• Essential Services Guarantee · Victorian Liberals and Nationals · 8 May 2026
• Stop the demolition, build more public homes, and maintain and upgrade existing public housing · Victorian Greens · 9 July 2026
• Increase funding to frontline services and mandate domestic, family and sexual violence education for students · Victorian Greens · 16 July 2026