This report summarises a number of initiatives undertaken across the Australian and New Zealand rail industry by the Australasian Railway Association from 2006 to 2008. It aims to provide a clear view on what the rail industry collectively needs in targeted occupations over the next five to 10 years and how skills and labour shortages need to be tackled. The report presents key findings and outlines actions required at company, industry and government levels. To conclude, a series of strategic recommendations are proposed offering a framework to the broader rail industry in order to facilitate continued industry growth and prosperity. This report was produced in partnership by Business Group Australia (BGA), InfoRM, APD HR Consulting and the Australasian Railway Association and funded by the Australian government.