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CEAC Wants Kiwirail s Future To Be NZ Government Railways, Again Under Direct Ministerial Control As It Was For 100yrs

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

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