Re: Article in AFR

[Bill <billguest@the.net.nz>]

That is an easy question to answer in the NZ context: a little outfit called Fay
Richwhite...........

Barry Campbell wrote:

> 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