Re: Austrac working to trade out of financial problems

["Russell Norton" <russelln@iprimus.com.au>]

"Steve" <pracys@eisa.com.au> wrote in message
8pqd3n$2br$1@news.eisa.net.au">news:8pqd3n$2br$1@news.eisa.net.au...
> Well maybe you should read the HILMER documents in their entirety before
you
> run off at the mouth.
> NR is still owned by the governments of VIC,NSW,FEDERAL and it does not
get
> CSO payments!!!!!!!!!!!!
> FREIGHTCORP profit was CSO derived

Yes, the NSW govt gets a $40 odd million dividend from FreightCorp, after
PAYING them $72 million in CSO payments. What a great deal !!

Russ.

> steve
> avachat wrote in message
> <39c09c27$0$26532$7f31c96c@news01.syd.optusnet.com.au>...
> >
> >
> >David Bromage <dbromage@fang.omni.com.au> wrote in message
> >8uWv5.44$yz3.8561@news0.optus.net.au">news:8uWv5.44$yz3.8561@news0.optus.net.au...
> >> The private rail operator Austrac says it is working to trade its way
out
> >> of financial problems, which it has attributed to uncompetitive
practices
> >> by the taxpayer funded, Freightcorp.
> >>
> >>
>
>http://www.abc.net.au/news/regionals/riverina/monthly/regriv-14sep2000-6.ht
> m
> >
> >In all honesty Dave,
> >why would anyone pay the opposition to compete against themselves.
> >Secondly, lets get the facts straight,
> >FreightCorp, although owned by the taxpayers, is a Corporation that pays
a
> >dividend back to the taxpayer.
> >Your claim is that the profits are derived from the CSOs received.
> >Their may or may not be truth in what your saying,
> >At least some of it ends up back in the public purse
> >where as if the CSOs where payed to the private operators
> >the profit remains with the private operators.
> >
> >
> >
> >
>
>