Re: Govt paves way to privatise Westrail

[mauried@tpg.com.au (Maurie Daly)]

In article <8er7du$3hi$1@nnrp1.deja.com> James C. <james_ccj@my-deja.com> writes:
>From: James C. <james_ccj@my-deja.com>
>Subject: Re: Govt paves way to privatise Westrail
>Date: Thu, 04 May 2000 07:04:37 GMT


>> >Sent via Deja.com http://www.deja.com/
>> >Before you buy.
>>
>> Yes , I would love to know where the $5 billion comes from ,given
>that Vline
>> freight was worth only $164 million and ANs freight arm only $54
>>million.
>Federal government and the then Victoria government were accouse
>of "given" V/line freight and ASR away.........

>> Does anyone know whether the sale includes the SG line to Kal?
>> Interesting also that Im pretty sure that the WA Govt have banned
>other Govt
>> owned Railways from bidding which wipes out Freightcorp and Qrail.
>> I guess this leaves the owners of FA ,Tasrail or ASR as the likely
>bidders.
>> How does this sale fit in with the recent PC findings?
>>
>> MD
>Maybe the value for "Prospector" and Australind railcar and Transperth
>EMUs also inlcuded. If Westrail worth 5 Billion dollor then QR would
>worth 100 Billion $ Freight Corp would worth 50 Billion$

>--
>Cheers

>James


>Sent via Deja.com http://www.deja.com/
>Before you buy.


Passenger services are not for sale ,its only the freight arm of Westrail,very 
similar to the Vline sale to FA.
In the case of AN and Vline freight,the value of the assett is no more than 
what is bid,and in both cases the highest bids were accepted.
I cant see how anyone can argue that the assetts were given away.
MD