The world’s largest infrastructure investors say the threat of changes by the NSW government to toll-road concessions is a “reality” for asset owners, but it may erode confidence in Australian assets.
The Minns government has already announced a review into toll-road contracts amid public angst over rising fares and is locked in confidential talks with toll-road operator Transurban, which operates 11 of Sydney’s 13 toll roads.
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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
