Buy back of rail sparks commercial interest.

In one small but relatively expensive swoop Labour has done for the rail system what a private company was unable to do in the time it owned the rail system, spark positive economic and investment interest in the branch of transport infrastructure.

Over the last week there have been a raft of companies willing to invest in rail, operating everything thing from simple freight lines, to Fonterra disclosing it wants to put massive tankers on the lines, through to expression of interest in operating high investment – high quality luxury tourist passenger services.

The media of course decided to take the view that Nationals opposition to this buy back of the rail was enough, and of course a week on to report a good news story about this wouldn’t be good form.

Why is business so inept in NZ that it takes a govt initiative to get the ball rolling?

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