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Re: Article in AFR




Bill wrote in message <39F93F55.11266EA5@the.net.nz>...
>I have to agree with your comment. NZ Railways got into an awful mess under
>government ownership. However, simply parcelling the whole lot up and
selling
>it is not the answer either. The temptation to drain out cash short term,
>leaving a run down infrastructure and rolling stock, seems to be
irresistible.

<snip>

But why is the railway business any different to other businesses? There are
plenty of other private businesses that operate as long term going concerns
without this sort of problem.


Barry Campbell