... This is not going to be a popular view, sold off. Sure costs were always going to be cut eventually, but the Unions threatening to strike on World Youth Day was the straw that broke the camels back. Holding a government to ransom like that is the reason Railcorp's will be split up and sections sold off.
Says who? It's one of the most popular views held by the public and of the current government.
Re the Strike threat for WYD - It was smart if opportunistic thinking, particularly as work forces these days have very LITTLE power to strike without being hit with severe legal action/consequences. So when an opportunity occurs to get what you are rightfully entitled to from the lying and incompetent government, it would be foolish not to. Even to this day, workers are still screwed over by that government. Workers agreed to make various changes and cuts to meet productivity and efficiency goals to pay for the next pay rise. Come time for the next pay rise negotiations, the government conveniently forgot about the previous agreement, and claimed they had to cap pay rises to 2.5% unless more cuts were made (this is all very simplified for general consumption, and feel free to substitute "governement" with railcorp).
And that WYD strike threat was not the straw that broke the camel's back, and holding the "government to ransom" is NOT the reason for Railcorp to be sold off. That plan was in place LONG, LONG before WYD. That all started when Freightcorp came into being and was then sold off. The plan was always to sell off the passenger side as soon as it was politically palatable.
Bottom line is this whole Sydney Trains quest is just a case of privatising by stealth and misdirection. I'd like to be wrong, but everything the ministeress announces seems to confirm this - Otherwise she'd support her workers, instead of taking every opportunity to lay the boot into them.