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Chanticleer

Transurban steers for steadier ground

Transurban insists its move to sell equity stakes in US toll roads isn't a sign of stress. But it does suggest a more cautious stance.  

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Transurban chairman Lindsay Maxsted is pleased with the federal budget and its focus on helping business lead the economic recovery.

But he’s got a warning too. The federal government's big ticket items will only work if firms have the confidence that their local and state economies will be open for business.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
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    Original URL: https://www.afr.com/chanticleer/transurban-steers-for-steadier-ground-20201008-p563c0