Keep up with
Newstalk ZB

Tue, 21 May 2013, 05:10

Have Your Say

Talkback 0800 80 10 80
Overseas +64 9 307 1080
Text 9292

Follow Us

  • Facebook
  • Twitter
  • YouTube
  • RSS
  • Sign Up

Site Search

Search Search

Select your region:

PM rules out Govt stepping in for KiwiRail

Share |

PM rules out Govt stepping in for KiwiRail

By: Felix Marwick | Latest Political News | Tuesday July 10 2012 15:33

 

The Government has ruled out intervention to stop job losses at KiwiRail.

Up to 220 jobs are on the line as the rail company seeks to recoup costs.

The Prime Minister says a number of options are being looked at and at the end of the day, the management has to make the company profitable.

"That's an operational matter for them. There's a Government shareholder of KiwiRail but in the end we leave the management to run the company and we're sure they'll make the right decisions for the overall best interests of the company."

John Key has also denied claims by Labour, that the Government is preparing to sell off parts of the state owned rail company.

Photo: Getty Images

 

Related Subjects

KiwiRail |

 

Latest Political News

Advertisement
Mike Hosking Breakfast
Advertisement

  • Battle over a roadside memorial

  • Cricket: Vettori called into test squad

  • Cricket: Bruce Martin ruled out for rest of tour

  • NRL: Inu, Taylor charged by match review committee

  • Road still closed after logging truck smash

  • No link between found vehicle & cold case

  • Shouting, then gunshots heard in fatal shooting

  • Key leaves baby decision to the Speaker

Latest Newstalk ZB Video

  • Tuesday-Things People Do Not W ...

  • Gavin Grey: euroscepticism and ...

  • David Shearer: the MMP review

  • Nathan Guy: the meat on Chines ...

  • Tuesday-Things People Do Not W ...

  • Friday-Budget Passion

  • Thursday-Topless Research

  • Wednesday-Gilmore So Gone

National Convention Centre

Do you support the Government's deal with SkyCity over the National Convention Centre

Vote Now

View Results

Advertisement

  • Radius Care
  • ZB App ad
  • Advertise With Us
  • Awesome Service
  • Roger Advice
  • Paper Plus