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KiwiRail Soon Self-Sufficient
Transport Minister Steven Joyce says that for the first time in 60 years, KiwiRail will soon become financially self-sufficient. He told a Parliamentary Committee...
Rail Shifts From Taxes To Rates
“Improving the operating models” for Auckland and Wellington Metro rail - which means local councils and ratepayers having to foot more and more...
KiwiRail Boost But No Word On CBD Link
No mention of the Auckland CBD eail link in the Budget, announced this afternoon - but the Government is digging into its pockets for $250 million more for KiwiRail...
KiwiRail Upbeat
KiwiRail’s CEO is upbeat about how KiwiRail is doing and says its business is turning a corner. For the first time in many years we can envisage a vibrant,...
Minister: We’re Committed To Rail
Transport minister Steven Joyce said this morning that the government is committed to a future for rail, but the commitment will need the support of everyone with...
KiwiRail Positive But Profit Down
KiwiRail has produced an annual operating profit before depreciation and grant income for the year of $74.4m - an 11% decrease on the previous year. But chairman...
Tauranga Port Fingered For Rail
A report released this afternoon warns that NZ’s trade performance will become seriously damaged unless it can accommodate bigger freight ships within five...
KiwiRail Defends Turnaround Plan
A top KiwiRail official, defending KiwiRail’s turnaround plan, told ARC councillors today that a “significant issue for us is to unpick with Auckland”...
KiwiRail Board Named
The government has finalised its appointments to the KiwiRail board, which will be tasked with making KiwiRail more profitable. The latest director appointed is ...
Govt: Rail ‘Just Nostalgia’
Interesting insight into how the government views rail - in reported comments by finance minister Bill English this afternoon. He apparently views rail as...
Minister On Road Freight
The minister of transport has dismissed suggestions of imbalance between road and rail freight policies. Questioned by Labour MP Darren Hughes about KiwiRail’s...
