Rail buyback on the right track

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.”