8 Dec 2009: QR

[ozbob]

Media Release 8 December 2009

QR

RAIL Back On Track (http://backontrack.org) a web based community support group for rail and public transport and an advocate for public transport commuters has long opposed the sale of the States rail assets (1).  A public float of the QR's coal tracks and trains, and QR's freight and services businesses has begun.  We note the intention of the Government to retain initially 25 - 40% of the float but not for the longer term.

Robert Dow, Spokesman for RAIL Back On Track said:

"The float of QR's coal business and freight and services has commenced. We would encourage the Government to remain a key shareholder to ensure future prosperity and stability."

"Not withstanding the float, we welcome the formation of the Government Owned Corporation QR to take full control of rail passenger operations including the passenger network. Of the possible outcomes post sale we think this is the best one for moving forward with sustainable rail passenger transport for the future. QR will have combined corporate knowledge  and  once barriers are removed can get on with the business of moving people safely, efficiently and in a sustainable manner with modern passenger rail."

"Rail passengers throughout Queensland will be concerned about the future though.  We call on the Government to guarantee that rail passenger and local general freight services will be kept affordable and accessible throughout Queensland."

References:

1.   http://backontrack.org/mbs/index.php?topic=2360.msg11371#msg11371

Contact:

Robert Dow
Administration

admin@backontrack.org

[ozbob]

For discussion see this thread --> http://backontrack.org/mbs/index.php?topic=3107.0