Privatisation takes a tumble in Victoria

By Railway Gazette International and CMAJ2003-02-01T11:00:00

FEARS THAT private-sector operations in the Australian state of Victoria may be at the point of collapse were confirmed at the end of last year. Issuing a pre-close trading update on December 16 for the 2002 financial year, UK-based rail and bus operator National Express Group confirmed that it was ...

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