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You are here: Home Media Media Releases 11 October 2015 - ACCC must oversight Brookfield

11 October 2015 - ACCC must oversight Brookfield

Media Release
Sunday 11 October 2015

Grain Producers Australia says the ACCC must have an ongoing, active oversight role of Australia’s rail freight networks, supported by an appropriate regulatory framework, if the takeover of Asciano by Brookfield is to be allowed to proceed.

GPA chairman Andrew Weidemann said if there ever was an example of how not to do things, it would have to be the lease of the grain rail freight network in Western Australia to Brookfield that enabled the company to extract monopoly rent and leave WA’s grain growers worse off.

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