Demise
Following the formation of National Rail, Australian National's interstate freight operations and rolling stock were transferred in 1994.
In November 1996 the federal government announced a major rail reform package that included the sale of Australian National.
In August 1997 the federal government announced the Indian Pacific, Ghan and Overland passenger services had been sold to Great Southern Rail, the South Australian branch line services to the Genesee & Wyoming Australia and TasRail to the Australian Transport Network.
In July 1998 the railway infrastructure operated by Australian National's Track Access division, was transferred to the federal government owned Australian Rail Track Corporation.
Read more about this topic: Australian National Railways Commission