07 June 2010 Aus & New Zealand

NEW ZEALAND RAIL FUNDING BOOST

KiwiRail, the recently renationalised state railways of New Zealand, are to receive a NZ$750 million funding boost from the government over the next three years, but it won't be enough to ensure the company's survival. KiwiRail needs NZ$4.6 billion in the next decade to stay on track - a NZ$3.85 bil

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