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![The $750m question: Are we back on track?](/pf/resources/images/placeholders/placeholder_l.png?d=820)
The $750m question: Are we back on track?
Yet again, taxpayers are giving the railways a helping hand - $750 million over three years. Good money after bad, or the start of the rail revival? Nick Smith reports.
![Rail in New Zealand - a litany of loss](/pf/resources/images/placeholders/placeholder_l.png?d=820)
Rail in New Zealand - a litany of loss
Nobody can agree on a single narrative about why NZ rail failed and continues to lose money.