National Rail Corporation

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The National Rail Corporation was a rail operator in Australia. The Australian Government, New South Wales and Victoria established the National Rail Corporation (NR) in 1992. The great majority of its shares were Federally owned, reflecting the fact that the lion's share of assets transferred to it consisted of the interstate rail track of the Australian National Rail Commission (AN). It also took over AN's interstate rail freight operations and commenced operations over the interstate network to Sydney, Melbourne, Brisbane, Perth, Adelaide and Alice Springs. In 2001, NR's freight operations and rolling stock were combined with the New South Wales Government-owned FreightCorp and sold to Toll Holdings and Patrick Corporation as Pacific National. NR's rail track, except for the Tarcoola-Alice Springs Line, was transferred to the Federal Government-owned Australian Rail Track Corporation in 1997.