Re: [Vic] Age: Train fare pledge dumped

[mauried@tpg.com.au (Maurie Daly)]

On Thu, 04 Jan 2001 01:22:26 GMT, "Daniel Bowen"
<dbowen@custard.REMOVE.net.au> wrote:

>
>"Maurie Daly" <mauried@tpg.com.au> wrote in message
>3a53bb88.2879825@can-news.tpg.com.au">news:3a53bb88.2879825@can-news.tpg.com.au...
>> On Wed, 03 Jan 2001 23:23:48 GMT, "Daniel Bowen"
>> <dbowen@custard.REMOVE.net.au> wrote:
>> Privatization means that prices must go up,especially when the service
>> that is privatized was formerly losing money.
>> Vline passenger when it was Govt operated was generating in fare
>> revenue of 6.5 c/per net pass km ,and had operating costs of 33.7
>> c/per net pass km, ie costs 5 times the revenue.
>> (Source BTCE Analysis of the Rail Deficit Table 40).
>> Whilst Govt rail operators can operate continuously and make
>> losses,the private sector cant.
>> It has to at least break even.
>> And theres no point in blaming the Private operator.
>> The problem is privatization of the service.
>>
>> If the Govt is unhappy about the fares rising,it is fully free to
>> subsidise the fares to keep them constant.
>> Cant somehow see this happening though.
>
>The govt *does* subsidise the service. Plus performance bonuses.
>
>
>Daniel
>--

What is the subsidy , in dollar terms?
Is it the same amount as Vline pass were losing when Vline pass was
Govt run.?
Somehow I doubt it.

MD