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Monday, 11 January 2021, 7:38 am
Kiwirail’s future as a commercial state-owned
enterprise (SOE) may be numbered in the wake of the impact
of the Covid pandemic, a government document suggests.
Ministers have asked the Treasury and the Ministry of
Transport to consider Kiwirail’s “entity form”, a
briefing paper released by Treasury on Tuesday Dec 15 2020
stated.
The report states “Public benefit
expectations and public funding of KiwiRail are increasing
and so the SOE Act may not provide sufficient levers to
achieve ministers’ ownership objectives for KiwiRail,”
the department advised.
Treasury said it wanted to
engage with ministers about its objectives and priorities