Saturday, Dec 01, 2012 at 10:56
Hullo Alastair
The problem with private sector ownership would be that, given the distances and relatively low traffics, it would almost certainly be a monopoly. That is, there is simply not enough demand for another (private) company to duplicate the track (as in the USA, for example) and compete re price/service.
Thus a vertically intregated transport company with sea, air, rail and road
services (there are some, eg, Toll) and that owned the rail network would offer
services on rail in a way that maximised their profit, rather than the public good.
It would be akin to privatising the Eyre Hwy! :-)
I think you might be surprised at the level of investment by ARTC, far greater than the capital investment by State Rail systems over the past decades of neglect, starved by their respective State Treasuries.
BTW, no rural road, including the main highways, recoups their capital and maintenance costs through user charges.
Cheers
Andrew
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