The Newman government is leaning towards long-term leases for most state assets as part of a bid to pay down debt.

Power generators and electricity transmission and distribution lines are among assets that could be leased for 50 or 99 years.

Deputy Premier Jeff Seeney says the government can impose strict conditions under long-term leases, which can’t be done under an outright sale. 

The government is considering possible lease conditions, but Mr Seeney said it probably wouldn’t try to stop foreign businesses leasing the assets, including those making up the state electricity network.