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Re: Privatisation of Australia's railways




> Is the NRC (the grand experiment) losing money?
Yes


> > What does everyone else think about this issue
> > > ? Can it be stopped ? It would certainly be hard to stop
> multinationals or
> > > influence their behaviour !

Depends.....West Coast Railway is a very successful privatised local
company.

GSR made public aware of their train services, position themself as
upper class travel as well as reduce the lost.

FA reopen Bairnsdale line, made profit.
Connex train/Yarra trams upgrade and update the rollignstocks.


> Despite the all the noise about multinationals, US railway companies
> have a history of making money. By successfully generating freight
> revenue.

Not really, ATN is in trouble(due to its parent company mismanagement
in New Zealand and UK) and ASR didn't live up to everyone's
expectation.


--
Cheers

Railway Rasputin


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