When New Zealand's railway system was privatised in 1993 it was as one entity thus avoiding any issues arising from the 'separation of wheel and rail'. Yet this approach failed in time in that in 2003 the New Zealand Government had to come in and purchase the track in order to bail out the...

Slide presentation by Lewis Evans to LEANZ members in Auckland on Monday evening 26 September 2011.

In this paper the arguments for privatisation are reviewed in some depth. Forcompetitive markets the view of Balladur (1997 54) that "The state has no legitimate grounds for assuming control over business in the competitive sectors of the economy. Everyone recognises this nowadays" is accepted....

Did the 2002-08 re-nationalisation of New Zealand railways represent the end of a failed experiment in the privatisation of essential infrastructure and herald the renaissance of socially-desirable environmentally-friendly rail? Or was it a misguided attempt to stem the inevitable decline of a...

When New Zealand's railway system was privatised in 1993 it was as one entity thus avoiding any issues arising from the 'separation of wheel and rail'. Yet this approach failed in time in that in 2003 the New Zealand Government had to come in and purchase the track in order to bail out the...