[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
Re: Airport rail goes bust
- Subject: Re: Airport rail goes bust
- From: taliesin@chariot.net.au (Taliesin Walker)
- Date: Fri, 01 Dec 2000 03:11:17 GMT
- Newsgroups: aus.rail
- References: <ijBV5.15$_42.2072@news0.optus.net.au>
- Xref: bclass.spectrum.com.au aus.rail:25835
On Thu, 30 Nov 2000 23:22:54 GMT, dbromage@fang.omni.com.au (David
Bromage) wrote:
>Taxpayers are one step closer to owning a $900 million lemon after the
>Airport Rail Link went into receivership yesterday. Accounting firm KPMG
>announced a receiver and manager would operate Airport Link Corporation
>after it could not pay back $190 million of its $200 million loan from the
>National Australia Bank.
>
>http://www.dailytelegraph.com.au/common/story_page/0,4511,1473875%255E3163,00.html
The worst thing about this is that it means that any other city in
Australia (say Melbourne) that wants to build an airport rail link
will have a hell of a time trying to get private sector involvement.
At least that is how it seems to me.
Tali