Business.Scoop » KiwiRail Builds Momentum, Posts Surplus In Challenging Conditions
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Source: scoop.co.nz
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Business Scoop provides news and views on Business and Markets from New Zealand
The state-owned company had a $407 million net deficit, largely thanks to costs relating to the project.
Scoop Auckland provides news and views from Auckland, New Zealand
KiwiRail says the foundations of some rail tracks in Auckland aren't strong enough and need upgrading to avoid repeat of mass service cancellations.
MPs have questioned KiwiRail executives and the board chair about why it had got this bad.