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PP42 April 2012

Australian companies warn red tape is derailing freight investors

27 Jun 2011

Source: The Australian


Some of Australia’s biggest listed companies have told the nation’s top infrastructure advisor, Infrastructure Australia (IA), that the country’s freight network is plagued by inadequate planning for future growth.

Companies including Toll, Asciano, Woolworths, Transurban and Qantas have warned that onerous regulation coupled with political interference is choking off private sector investment in freight infrastructure.  

The warnings are contained in submissions to the IA as it develops a national freight strategy.

Read more here.

 

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