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Article: Rail policy in gridlock, says Pacific National.
- Article from:
- Australasian Business Intelligence
- Article date:
- November 12, 2002
CopyrightCOPYRIGHT 2002 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Nov 11, 2002 (The Age - ABIX via COMTEX)
Pacific National is a giant rail operator in Australia. It is owned by Toll and Patrick Corporation. On 11 November 2002, the general manager (commercial), Robert Jeremy, spoke out. He said that the national railroad network is not being developed adequately, because Australian Government and State Government relations are "in gridlock". He said that this is holding up infrastructure planning and spending. Jeremy noted that Pacific National will pay over $A1.3 billion in access fees across Australia over the next five years. He said that this means ...