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Kiwirail or Kiwifail?

Kiwirail or Kiwifail?
26 MAY 2016
FOR IMMEDIATE RELEASE


“Another Budget another huge cheque from the taxpayer for KiwiRail”, says Taxpayers’ Union Executive Director Jordan Williams reacting to today’s $190.2 million capital injection into KiwiRail announced in Budget 2016.

“When National was elected they developed a ‘turn round plan’ so KiwiRail would stop coming cap in hand for hundreds of millions every year. That plan failed, and the Government now has no plan whatsoever for KiwiRail to stand on its own two feet.”

“The amount spent on and written off by KiwiRail amounts to $3.4 billion since this Government was elected in 2008. That is enough to have paid for return flights to London for every New Zealander.”

“Only politicians would throw good money after bad trying to breath life into a 19th century technology, when driverless cars and trucks are on the horizon.”

ENDS

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