Publication: Results of Railway Privatization in Australia and New Zealand
Date
2005-09
ISSN
Published
2005-09
Author(s)
Williams, Robert
Greig, David
Wallis, Ian
Abstract
This paper has been prepared for the
World Bank as one of a series of research papers focusing on
rail privatization experience throughout the world. The
scope of this paper covers rail privatization experience in
Australia and New Zealand, much of which occurred over the
ten year period from 1993 to 2003. Overall the rail freight
privatization experience in Australia and New Zealand, taken
in concert with other market and structural reforms, has
been positive, although not uniformly so: In Australia, the
largely privatized rail freight industry is markedly
stronger today than at any time over the last few decades
and is competing aggressively for a greater role in the
national transport and logistics market; and In New Zealand,
the initial success of privatization with increased rail
traffic and increased profits has not been sustained: the
government has been obliged to take back the network and to
commit significant public funds to address deficiencies in
the network assets.
Link to Data Set
Citation
“Williams, Robert; Greig, David; Wallis, Ian. 2005. Results of Railway Privatization in Australia and New Zealand. Transport Papers series;no. TP-7. © World Bank, Washington, DC. http://hdl.handle.net/10986/17403 License: CC BY 3.0 IGO.”