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Brookfield scoops up $132m from WA rail networks

Brookfield Corporation has snapped up $132 million in dividends from Western Australia’s vast freight rail network as the state government tries to take back control of the train tracks, two decades before the Canadian group’s lease expires.

Some 5500 kilometres of WA’s freight rail network were privatised in 2000, and have been operated by Brookfield since 2010 after the giant investment group, which manages more than $1 trillion in assets globally, acquired Prime Infrastructure, a former Babcock & Brown entity.

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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Bluesky: @jennywiggins.bsky.social Email Jenny at jwiggins@afr.com
Tom Rabe is the WA political correspondent, based in Perth. Connect with Tom on Twitter. Email Tom at tom.rabe@nine.com.au

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    Original URL: https://www.afr.com/companies/infrastructure/brookfield-scoops-up-132m-from-wa-rail-networks-20250630-p5mbeb