[Queensland Rail] QR National sale a success says Treausurer Andrew Fraser

(CourieMail) THE sale of Queensland’s rail business, QR National Ltd, has been a success and history will remember it as the right decision, Treasurer Andrew Fraser says. The freight haulage company made a positive debut on the Australian Securities Exchange on Monday, trading at $2.65 at 14:30 (AEDT), above the $2.55 IPO price per share for institutional investors and $2.45 price for retail investors. read more

A “success” for whom — the Queensland people or global banksters and the monopoly art of privatisation? The Queensland tax payers already paid off and owned QR, yet now they are being asked to buy shares in something they already own?