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

["Dave Proctor" <daproc@spambait.ozemail.com.au>]

"Maurie Daly" <mauried@tpg.com.au> wrote in message
39d9997c.20897084@can-news.tpg.com.au">news:39d9997c.20897084@can-news.tpg.com.au...
> 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??

Locos, wagons, current contracts? $164 million is not a lot for what they
got.

Dave