Re: Latest news on Speedrail

["Chris" <chrisc@fl.net.au>]

Aparently you can get up to date first hand info on Speedrail from the
following person at Leighton's or so the PR says.

Mr Wal King AM
Chief Executive Officer
Ph: (02) 9925 6912








"Chris" <chrisc@fl.net.au> wrote in message 39c9cb4c$1@fl.net.au">news:39c9cb4c$1@fl.net.au...
> Leighton are 47% (maybe 49% now) owned by the large German construction
> company Hotichef. I recall they have quite a presence on Leighton's board.
> Hotichef are the largest shareholder in Leighton Holdings (I think they
also
> have a 51% share holding in Leighton Asia) are because of they they really
> control the company.  John Holland, Thiess, Simon Eng. plus others are
also
> part of the Leighton Group. Leighton have been trying to get into large
> infastructure projects for years, but they still earn most of their money
> from contract mining & civil engineering  in Australia.
> Other major german construction companies in Australia are
> Belfinger & Berger (Bauldstone Hornbrook)
> Walter (Concrete Constructions)
>
> Alstom and ABB have teamed up in Australia to do heavy engineering work. I
> heard they have no chance of getting Redbank stage 2.
>
> Transfield are 100% Austrailan owned, though the family who owns it are
> Italian or Australian or both when it suits them.
>
> Chris
>
>
>
> "David Bromage" <dbromage@fang.omni.com.au> wrote in message
> G0by5.5$nQ.4059@news0.optus.net.au">news:G0by5.5$nQ.4059@news0.optus.net.au...
> > Tezza (tezza2000@dingoblue.net.au) wrote:
> > > "David Bromage" <dbromage@fang.omni.com.au> wrote in message
> news:UURx5.7
> > > > There is a common misconception that the government has to
"subsidise"
> the
> > > > project. Remember the criteria was "no net cost to government" which
> means
> > > > they are not opposed to putting in money, such as in the form of tax
> > > > concessions or in kind contributions (such as the $600 million in
kind
> > > > contribution from RAC), provided they get equal or more in return.
> >
> > > How are they going to get a return? Like all foreign companies it
won't
> pay
> > > any tax.
> >
> > Leighton Holdings is an Australian company, and the Speedrail operating
> > company will also be an Australian company. The operator will be Qantas.
> > There will be GST on tickets, jobs created, and significant reduction in
> > the maintenance bill on the Hume Highway.
> >
> > Cheers
> > David
>
>