QR undermines its privatisation
THE FLOAT of the freight side of Queensland Rail (QR National) is now opposed by its customers, its competitors and its workers. Now investment manager QIC has warned against the float.
There is the prospect that the below-track business would be better valued and owned by the customers’ consortium QCRIG and would be better managed by Australian Rail Track Corporation which is now part of the consortium.
The most telling of...
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