No one will buy it!

The Herald reports:

Removing former Prime Minister Jim Bolger as KiwiRail chairman would signal the Government’s intention to sell the troubled business as soon as it could, says Labour’s state-owned enterprises spokesman, Clayton Cosgrove.

Oh what nonsense. Apart from the fact that the Government has said it is not for sale, the reality is that no one would buy it. Hell I doubt you could even give it away for free, because the annual operating costs probably exceed income considerably.

Toll’s convincing Michael Cullen to spend $1 billion on purchasing it off them was all their Christmases come at once.

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