A symbol of Labour’s economic management

Te Huia train service has earned $300,000 and cost $3m, but councillor confident it’ll get back on track.

The cost to run Waikato-Auckland train service Te Huia has so far been about ten times what it earned.

The financial performance of the Waikato-to-Auckland service has been laid bare in a report released as part of the agenda for Hamilton City Council’s Infrastructure Operations Committee meeting on Tuesday, December 7.

Te Huia earned $298,062 from April to October, according to a table in the report. Meanwhile, gross operating costs were $3,032,452 – a difference of $2,734,390.

https://www.stuff.co.nz/national/127179360/te-huia-train-service-has-earned-300000-and-cost-3m-but-councillor-confident-itll-get-back-on-track?fbclid=IwAR0YRKqd3wM2YoQCQf4zymxrS0UNpHcNoX7znBlPAfyX52Cc6LPHmHWH9H0

Te Huia train service has earned $300,000 and cost $3m, but councillor confident it'll get back on track
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