New Zealand Railways Corporation (NZRC) is the state-owned enterprise that owns the land beneath KiwiRail's railway network on behalf of the Crown. The corporation has existed under a number of guises since 1982, when the old New Zealand Railways Department was corporatised followed by deregulation of the land transport sector. In 1986, the Corporation became a State-owned enterprise, required to make a profit. Huge job losses and cutbacks ensued, and the rail network, rail operations and ferry service of the corporation were transferred to New Zealand Rail Limited in 1990. The Corporation retained ownership of the land beneath the railway network, and charged a nominal rental to New Zealand Rail, which was privatised in 1993, and renamed Tranz Rail in 1995. In 2004, following a deal with Tranz Rail's new owners Toll NZ, the Corporation took over responsibility for maintaining and upgrading the rail network once more, trading under the name ONTRACK. Negotiations with Toll over track access charges concluded after four years with no agreement reached, so the government purchased the entire rail and ferry operations, naming the service KiwiRail. ONTRACK's railway infrastructure and employees were then transferred to KiwiRail in 2008, which itself was initially a subsidiary of the corporation. On 31 December 2012, the Corporation once again became the landowner.
^"New Zealand Railways Corporation Act 1981, s1(2)". Public Access to Legislation website. Retrieved 23 February 2012.
^"David McLean appointed KiwiRail chair". 3 December 2021. Retrieved 27 February 2022.
^"NZRC Annual Report 2019" (PDF). KiwiRail. Retrieved 4 December 2019.
and 22 Related for: New Zealand Railways Corporation information
NewZealandRailwaysCorporation (NZRC) is the state-owned enterprise that owns the land beneath KiwiRail's railway network on behalf of the Crown. The...
land transport was deregulated. The Railways Department became the NewZealandRailwaysCorporation. The Corporation embarked on a major restructuring,...
The NewZealandRailways Department, NZR or NZGR (NewZealand Government Railways) and often known as the "Railways", was a government department charged...
Zealand Railways may also refer to the following companies: NewZealandRailways Department (also known as NewZealand Government Railways) – NewZealand national...
Sudan Railways Gezira Light Railway Eswatini Railways Tanzania RailwaysCorporation TAZARA Railway Togo Railways (RCFT) Although Togo has railways in place...
as the Wellington and Manawatu Railway Company. The Department was corporatised as the NewZealandRailwaysCorporation (NZRC) in 1982, and later reorganised...
New carriages were acquired with the "Taieri Gorge Limited" launching in February 1987. On 19 December 1989, the NewZealandRailwaysCorporation announced...
reconstituted as the NewZealandRailwaysCorporation, a statutory corporation (later a state-owned enterprise from 1986). The RailwaysCorporation restructured...
of the different railway freight wagons used in NewZealand, by the NewZealandRailways Department, NewZealandRailwaysCorporation, Tranz Rail, ONTRACK...
Railways Board Chairman, Government Railways Board Chairman, Government Railways Board The NewZealandRailwaysCorporation replaced the NewZealand Railways...
Central railway between Middlemarch and Wingatui through the Taieri Gorge for passenger operations after the NewZealandRailwaysCorporation closed the...
NewZealandRailwaysCorporation and finally by the Greater Wellington Regional Council (GWRC) and operated by Tranz Metro, part of national railway operator...
Ohai Railway Board in 1967. ORB 1 was withdrawn in 1989 due to heavier trains and was replaced by DJ3303. In 1990 the NewZealandRailwaysCorporation took...
Kenya RailwaysCorporation (KRC), also Kenya Railways (KR) is the national railway of Kenya. Established in 1977, KR is a state corporation. The original...
Zealand Railways Department (1880–1982), and the NewZealandRailwaysCorporation (1982–1990). NewZealand Rail Limited was split off from the Railways Corporation...
NewZealand (Māori: Aotearoa [aɔˈtɛaɾɔa]) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island...
and Thorndon. The building was originally the head office of the NewZealandRailways Department or NZR. Today, the building houses the Wellington office...