May 7, 2008

The Mari­time Uni­on says the buy­back of rail and fer­ries is a good step towards rebuild­ing a top qual­ity trans­port sys­tem in New Zea­l­and.

Mari­time Uni­on Gen­er­al Sec­ret­ary Tre­vor Han­son says the move is pos­it­ive for New Zea­l­and, and should have been done a long time ago.

“The only regret is that we have now had a gen­er­a­tion where this vital part of our infra­struc­ture has been first asset stripped then unsuc­cess­fully oper­ated by glob­al cor­por­a­tions inter­ested in share­hold­er profit, not for what is good for New Zea­l­and.”