Today the New South Wales government announced that it had purchased Metro Transport Sydney and would scrap the monorail. I rather like the monorail for the views, though it's getting old and has little utility - you might as well walk.
This comes after the government's bail out of the Reliance Rail project for Sydney suburban trains earlier in the month.
I was very amused to read that in 1855 the NSW government became the first in the world to take on the task of operating railways after it acquired the uncompleted assets of the Sydney and Hunter railways companies. 160 years later nothing has changed.
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