Private investment in permanent way

["Barry Campbell" <campblbm@ozemail.com.au>]

The Financial Review of Monday 22/7/98 had a report about forthcoming ads
calling for private sector participation in rail upgrading projects. The
next step, of course, is part or full privatisation of the track.


What's the bet. Ultimately NR, V/line (trains and track), Westrail (also
trains and track) and the track owner from Kal to BH & the Victorian border
will be in private hands and after a few years mergers will result in one
big interstate operator owning the lot. With luck we may get a semi national
system yet.


Barry Campbell