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The non-metropolitan intrastate rail
network is a significant state asset, particularly for regional
communities that rely on it for passenger and freight services. The
state granted a 45-year lease on the network to a private company
in 1999 as part of broader privatisation reforms in the rail
sector.
The audit examined whether the state’s
decision to buy back the intrastate rail network was adequately
informed and whether the transaction was effectively managed.
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