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...

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...

Dave Heatley recently presented at the 5th Annual Regulatory Evolution Summit held in Wellington on 30 March 2011. A copy of his presentation can be downloaded.

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...