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Re: QR restructure coming?



I think that the figures quoted are relatively old.  What year are the
figures for?
QR no longer has protection from competative operators.

Ron

"Maurie Daly" <mauried@tpg.com.au> wrote in message
3a987157.12745628@can-news.tpg.com.au">news:3a987157.12745628@can-news.tpg.com.au...
> On Sun, 25 Feb 2001 02:01:32 +1100, "James C."
> <james_ccj@optusnet.com.au> wrote:
>
> >> Sounds like there doing what everyone else has done.
> >>
> >> I hope that they get it right unlike their southern counterparts who
have
> >> stuffed everything completely, and have now needed an inquiry to
recommend
> >it
> >> all goes back together.
> >
> >Just hope what ever they do DO NOT PRIVATISE QR
> >
> >The system works fine and earns big $ without privatisation.
> >
> >Cheers
> >James
> >
> >
> >
> The system doesnt work fine at all.
> Queesland Rail is a Govt owned monopoly which earns 70% of all its
> revenue from the carriage of coal.
>
> Here is a direct extract from the Productivity Commissions report into
> the Black Coal industry in Australia.
> --------------------------------------------------------------------------
--------------------------------
> 7.2.1 Coal freight rates
> Inquiry participants indicated that rail freight rates per ntk for
> coal in Australia
> are very high relative to those paid by mines overseas, particularly
> in the United
> States.
>  MIM stated:
> Rail and port charges for export coal in Queensland are
> internationally uncompetitive. (sub. 18, p. 1)
>
> --------------------------------------------------------------------------
------------------------------------
>
> Any organization which operates in a zero competition environment like
> QR does , cant help but make huge profits.
> Telstra made huge profits too, before it had any competition.
>
> QR may not need to be privatised , but it sure needs some competition.
>
> I suggest that you have a read of this report which is available from
> the PCs web site , and then have a rethink about how wonderful QR is.
>
> The report is also just as critical of Freightcorps coal operations.
>
> MD
>