Aurizon Holdings Limited
(ASX:AZJ) has expressed disappointment at delays to the finalisation of its UT4 Draft Access Undertaking.
Aurizon submitted its original UT4 DUA to the Queensland Competition Authority in April 2013. The QCA have provided guidance that a final decision will be provided in April 2016, rather than 30 November 2015.
The rail freight company said the revision was disappointing and left the company and customers without long term certainty for rail access arrangements in Queensland.
The company reiterated its intentions to resolve and implement UT4 by the end of FY16.
Aurizon recorded a net profit of $604 million at 30 June 2015.
