too dear, page-3

Good news on AIO is the ACCC report that says that there is a duopoly in the port (Asciano and P&O) who is getting 28% profits from its operation. ACCC is saying that more entries are necessary for greater competition. At Melbourne they tried to get additional port operaotrs but I understand there were no takers. A duoploy sounds good to me even though it doesn't suit Graham Samuels. I also hear the Asciano (Pacific National) are likely to win some coal contracts from QR which will be a considerable benefit. Evidently QR have not provided sufficient rolling stock to the coal miners who want to shift more coal to the ports in Qld.