Re: [Vic] Fast train services to go ahead, says Govt

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

On Tue, 03 Oct 2000 17:29:55 +1000, Chris Gordon
<cmgord@VICSIG.alphalink.com.au> wrote:

>> > >The State Government says fast train services to central Victoria and
>> > >other regional centres will go ahead, despite threats by Freight Australia
>> > >to pull out of the project.
>> > >
>> > >http://www.abc.net.au/news/regionals/bendigo/monthly/regben-2oct2000-6.htm
>> 
>> > Maybe I am missing something,but I understood that the Victorian Govt
>> > had SOLD Vline freight,including a 15 year lease on the country track
>> > network to Freight Australia.
>> 
>> The non-ARTC track remains the property of the Department of Infrastructure.
>
>Correct, and there is a clause in the lease to Freight Australia
>covering Open Access (basically the Vic Government can grant access to
>other parties at any time)
>
>
>-- 
>
The obvious question then is , just what is the value of having a
lease at all, when it apparantly entitles you to nothing more than
running rights , which anyone can have without having to shell out 
$164 million .
ie , just what did FA buy for their $164 million??

MD

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