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You are here: Home Archive 2010 July Weekly Edition 15th July QR undermines its privatisation

QR undermines its privatisation

by Adam Bisits* last modified Jul 20, 2010 09:58 AM

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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