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News tagged with “reliance rail”. Found: 33 tagged news reports.
 

Your Search Returned 33 tagged news reports

 

Sydney :: Australia | 2 years ago

Credibility Credibility of 5

Downer EDI shares surged 8.5 per cent to $3.84 in morning trade, the highest since August 3. The state government agreed to invest $175 million in Reliance Rail in 2018 in return for full equity in the company, according to a statement from Downer

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Canberra :: Australia | 2 years ago

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Story continues below It seems that the ALP is about to dump Julia Gillard as Prime Minister, with MPs' survival taking precedence over loyalty and principle. I was not happy about the circumstances under which she became PM but her period in office

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Sydney :: Australia | 2 years ago

Credibility Credibility of 5

Jacob Saulwick February 6, 2012 Opinion Read later Out of pocket ... taxpayers. Photo: Wolter Peeters IT IS another case of privatise the profits and socialise the losses. The whole point of public private partnerships is for the private sector to

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Francisco :: IN :: USA | 2 years ago

Credibility Credibility of 5

Story continues below In return, the government will own 100 per cent of the equity in Reliance Rail. But Reliance's existing investors have already declared that equity worthless. The bailout enables Reliance Rail to sidestep a crisis point in the

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Shanghai :: China | 2 years ago

Credibility Credibility of 5

Delays ... passengers alight from a Waratah train at Circular Quay. The financially troubled project is 18 months behind schedule. Photo: Simon Alekna THE privately financed Waratah train project will be forced into full state ownership, with

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Sydney :: Australia | over 2 years ago

Credibility Credibility of 5

Story continues below RailCorp has ordered 78 Waratah trains worth $3.6 billion from a public-private partnership known as Reliance Rail. Eventually they are to make up about half of the CityRail suburban fleet. Another incident occurred on November

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Melbourne :: Australia | over 2 years ago

Credibility Credibility of 5

Philip Wen October 1, 2011 THE directors of Reliance Rail have signed off on its financial accounts in an eleventh-hour board meeting, after receiving assurances from the New South Wales government that it will continue to ''consider proposals'' to

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Sydney :: Australia | over 2 years ago

Credibility Credibility of 5

Simon Alekna THE NSW government will have to finalise its budget amid rising tensions over one of its major headaches, the Reliance Rail public-private partnership. Reliance, which is contracted to deliver 78 Waratah trains to RailCorp, claiming

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Sydney :: Australia | over 2 years ago

Credibility Credibility of 5

Philip Wen August 25, 2011 Downer has hard work ahead in delivering trains for the Sydney network. EDI has delayed the delivery of trains for the Sydney network as it reported a full-year profit result decimated for a second year by the loss-making

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Sydney :: Australia | over 2 years ago

Credibility Credibility of 5

Philip Wen, Jacob Saulwick August 18, 2011 All dressed up and nowhere to go ... cost blowouts have put the Waratah train program in jeopardy. NSW state government and Reliance Rail, the troubled public-private partnership delivering the Waratah train

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