AUSTRALIAN RAILWAYS SHOW BIG LOSS
ELEVEN MILLIONS , , IN THREE YEARS / MOTOR COMPETITION CHIEF A/'CAUSE. ’ f \ COMMITTEE PREPARES REPORT. ! • , .(Receved 9jo a.m.) CANBERRA,'Ths Day. .The Commonwealth Transport Committee has prepared a report dealing with railway mileage and
tie cost thereof throughout Australia, and also other transport systems. The railway mileage in Australia is 25,805, and the capital cost £312,000,000; of, which £300,000,000 is for State-owned railways. The effect of motor and other competition, with the railways is shown by ; the fact that within th e last three years the railway losses amounted to £11,000,000. The committee estimates the number of motor vehicles in Australia is 565,000. The valhe of privately owned motor car's it! £100,000,000, while the capital cost of all railways, roads, ports . and harbours is set down at £SOO,- .. ed0,000.-i-Australian Press Assn.
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Stratford Evening Post, Issue 23, 25 May 1929, Page 5
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133AUSTRALIAN RAILWAYS SHOW BIG LOSS Stratford Evening Post, Issue 23, 25 May 1929, Page 5
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