Micro-economic reform of Australian railways - an Australian National perspective

The Australian National Railways Commission (AN) is very conscious that Australian railways have been targetted as a candidate for micro-economic reform. There is no doubt that railways are an appropriate target, given their large potential for improvement in productivity levels and the impact this has on their major role in the transport of freight. Their inefficiencies detract directly and significantly from the competitiveness of Australia's primary and secondary industry. The Federal Government has within its own control a model for the potential for microeconomic reform in railways. I refer of course to Australian National. Other (State) railways have achieved productivity improvement to varying degrees but AN has demonstrated the greatest progress to date. AN's experience provides a measure of what can be achieved. This applies not only to productivity improvement but also to experience in actually managing the merger of several railways. The latter experience is relevant as achievement of micro-economic reform in railways on a national scale will involve further mergers of one form or another. The alternative merger options require careful consideration as the choice will dramatically affect the extent and rate of the reform that will be achieved. This paper gives a brief overview of the physical and financial productivity improvements achieved by AN. It also gives a broad assessment of the potential financial impact of alternative merger options.

Language

  • English

Media Info

  • Pagination: 19-44
  • Monograph Title: Three major rail proposals: papers presented to EPAC
  • Serial:
    • Issue Number: 91/07

Subject/Index Terms

Filing Info

  • Accession Number: 01432590
  • Record Type: Publication
  • Source Agency: ARRB
  • ISBN: 0644149345
  • Files: ATRI
  • Created Date: Aug 24 2012 5:07PM