Steel on Steel: Inside the battle for the future of Australia's biggest railroad

Unlock the secrets of Australia’s rail industry with 'Steel on Steel: Inside the Battle for the Future of Australia's Biggest Railroad'. Authored by Stephen Baines, a key player in the epic privatization of Queensland Rail’s freight division, this captivating account delves into the challenges and triumphs of transforming a public asset into a private enterprise. Since its establishment over 140 years ago, Queensland Rail has been a central figure in the lives of all Queenslanders. In 2010, it embarked on a groundbreaking transition, marking one of the largest privatizations in Australian history. The accompanying de-merger from the passenger service and the subsequent $4.6 billion IPO made headlines worldwide, captivating corporate watchers and everyday Australians alike. This 192-page hardcover book is not just a narrative; it’s a deep dive into the emotional and logistical battles fought during this significant shift. The book describes the concepts behind the privatization strategy and confronts the unprecedented backlash faced along the way—an essential read for anyone interested in Australian history, economics, and transportation policy. Experience the drama of corporate maneuvers and the pulse of public sentiment as you explore this gripping inside story. Perfect for historians, rail enthusiasts, corporate strategists, and anyone keen on understanding the complexities of one of Australia's most significant industries. Get your hands on 'Steel on Steel' today and journey through the evolution of one of Queensland's greatest assets. Enjoy FREE shipping on your order, making it easy to add this must-read book to your collection. Please note that combined shipping with other products is not available for this item.

Condition: BRAND NEW
ISBN: 9780702253492
Format: Paper over boards
Year: 2014
Publisher: University of Queensland Press
Pages: 192


Description:
Steel on Steel is the inside story of the privatisation of the freight arm of Queensland Rail, written by Stephen Baines, a senior executive involved intimately in the struggle for the railroad's future. An icon that touched every part of life in Queensland, QR was famously catapulted into the private sector in 2010 after more than 140 years of government ownership. The privatisation was the second biggest in Australian history, and the most difficult. It involved simultaneously a massive de-merger from the passenger business, and a $4.6 billion initial public offering (IPO). For eighteen months, this IPO was Australia's ultimate corporate soap opera. This book describes how this big idea was conceived and executed in the face of unprecedented outrage and opposition.

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