What is "railcorp"

Rail Corporation New South Wales (RailCorp) is a State-owned corporation of the State of New South Wales established under the Transport Administration Act 1988 in 2004. From 2004 until 2013, RailCorp operated passenger train services in New South Wales and maintained rail infrastructure within the New South Wales Metropolitan Rail Area. From 2013, operation and maintenance functions were transferred to the new Sydney Trains and NSW TrainLink agencies, leaving RailCorp as the legal owner of a portfolio of $28.6 billion of railway property, mostly within metropolitan area. Other functions include network access, leasing and managing the NSW Government's contract with Airport Link Company. The acting chief executive of RailCorp is Sydney Trains chief executive Howard Collins.