Re: City Rail Who would buy it anyway ?

[craigd@lios.apana.org.au (C. Dewick)]

The Railway Rasputin II <bob@fastlink.com.au> writes:

>There are sections that people would buy ie Illawarra line for one.
>St George Bank wanted to buy Kogara a while back.

>But as one job lot, I don't think they could give it away.

To operate CityRail privately with zero government funding and still deliver
exactly the same level of service with the same number of trains, same
timetables, etc. would require the fares to increase about 200 percent to
achieve full cost-recovery.

We've got people whinging when the fares rise 2 percent, so can you imagine
the uproar if CityRail is ever 'Jeffed' and the fares are jacked up to cover
the expenditure base? 8-)

Regards,

Craig.
--
            Craig Ian Dewick            |       Stand clear - jaws closing
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