SMH
·general
·1 hour ago
Airtrain valuation revealed, prompting push for compulsory buyback
The Queensland government could acquire Brisbane’s privately operated Airtrain for $45 million, the state’s lone Greens MP says, based on analysis drawing on the asset’s reported financial value. The proposal centres on financial statements from USS Axle, a subsidiary of UK-based pension fund Universities Superannuation Scheme that acquired the Airtrain in 2013.
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