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- W760553695 abstract "It seems to be essential to privatise the Australian rail freight industry further to enable the continued survival of the industry against tough competition from other modes. However, the pace of rail reform has slowed considerably since 1997. This article reviews the businesses yet to be sold and the likely impact of more privatisation on the industry. It excludes consideration of the privately-owned Pilbara iron-ore lines, which are effectively part of the mining companies' production processes. Most of Australia's rail system is still owned by the Government. Even after the next two anticipated privatisations, National Rail Corporation (NRC) and Westrail, two-thirds of Australia's rail freight revenue will still be handled by state-controlled railways. A recent report, Freight in Australia, by consultants BIS Shrapnel, concluded that rail freight suffers from the slow pace of privatisation, but that rail freight will grow more rapidly than road freight over the next five years as soon as its infrastructure has been improved and further privatisation occurs. FreightCorp, Australia's largest rail operator, is considering the purchase of NRC; Queensland Rail wishes to compete interstate, and may also bid for NRC. The final form of Australia's rail-freight industry is not yet determined." @default.
- W760553695 created "2016-06-24" @default.
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- W760553695 date "1999-11-01" @default.
- W760553695 modified "2023-09-23" @default.
- W760553695 title "STATE COMPETITION SLOWS DOWN PRIVATISATION RACE" @default.
- W760553695 hasPublicationYear "1999" @default.
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