Tasmanians are proud of the Hydro. For the past 100 years, the Hydro has been powering our industries, keeping costs down for households, and helping to pay for schools and hospitals.
Just two months ago, Jeremy Rockliff promised Tasmanians in his State of the State Address that "Hydro will always remain in public ownership."
It has now been confirmed he has broken that promise and wants to sell key parts of Hydro.
Saul Eslake has told ABC radio he has been instructed to consider the privatisation of Entura, which is undeniably a key part of Hydro Tasmania*. Entura employs more than 250 Tasmanians who help build and maintain our dams, and earns revenue for Tasmania to help pay for schools and hospitals.
Make no mistake: this is a massive broken promise from Jeremy Rockliff and follows his previous admission that Momentum Energy - a subsidiary of Hydro - is also up for sale.
Entura is one of the world's leading specialist power and water consulting firms. It exports 100 years of Tasmanian renewable energy experience and engineering all over the world.
Selling the Hydro is unTasmanian. I will not stand by while Jeremy Rockliff and the Liberals try to sell Tasmania's future.
Dean Winter MP
Labor Leader
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"Entura is a part of the Hydro organisation. It's not a separate corporate entity." - Richard Bolt, Chair, Hydro Tasmania, to the Joint Select Committee on Energy Matters, 29 April 2025
"[Entura is] not a separate subsidiary, it operates as a department of Hydro Tasmania under the same ABN, with a different trading name. So, the employees are part of the broader business, its revenues, income, and profits are consolidated into the Hydro Tasmania financial statements and are not prepared separately." - Erin van Maanen, Executive General Manager - Strategy, Hydro Tasmania, to the Joint Select Committee on Energy Matters, 29 April 2025
