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Upgrade ban on railways
- Subject: Upgrade ban on railways
- From: David Bromage <dbromage@fang.omni.com.au>
- Date: Thu, 29 Mar 2001 11:20:57 +1000
- Newsgroups: aus.rail
- Organization: a roadblock on the Information Superhighway
- Xref: news1.unite.net.au aus.rail:33815
Freight Australia has banned further upgrading of 3000km of freight rail
track it leases from the Victorian Government. The company's US backer,
RailAmerica, ordered the ban after the Government refused to lift a cap
on the rate of return Freight Australia could generate from its
investment in the network.
http://www.theweeklytimes.com.au/common/story_page/0,4511,1838639%255E3482,00.html