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KiwiRail to become a for-profit entity

Broadcast United News Desk
KiwiRail to become a for-profit entity

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The Treasury said ministers may want to discuss actions to strengthen commercial discipline at state-owned enterprises.

KiwiRail has been asked to improve its financial information systems and controls.

KiwiRail’s continued designation as a for-profit entity remains under review this year, with the Auditor-General’s office raising questions in a letter to ministers who are shareholders in the state-owned enterprise.

In February, the Minister of Finance, Nicola Willis, and the Minister of State-Owned Enterprises, Paul

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