NewsBite

Transurban

November

Transurban’s Simon Moorfield says AI is helping keep its roads in better shape, and responsibility for AI is being shared across the company.

Tech chiefs feel the heat of boards’ AI expectations

Fear among board directors and chief executives that they will be left behind in AI use by fleeter footed rivals’ is piling the pressure on tech executives.

  • Paul Smith
Frank Fillmann, General Manager, ANZ, Salesforce

AI produces efficiency dividends for Australian business

Combining the best of artificial intelligence with human experience is creating genuine productivity gains.

  • Alexandra Cain
Transurban boss Michelle Jablko

‘We didn’t set the tolls’: Transurban pitches new pricing plan

Company boss Michelle Jablko says NSW can’t afford to build roads without private money and is looking at charging corridors according to congestion levels.

  • Jenny Wiggins
Western Harbour Tunnel is under construction and won’t be privatised

Transurban tolls hit NSW roadblock

Transurban and the NSW government are at loggerheads over how to reduce the long-term costs to taxpayers and motorists from Sydney’s sprawling toll road network.

  • Jennifer Hewett
Transurban boss Michelle Jablko

How toll road ‘beeps’ became Australian infrastructure’s hottest issue

Politics and business are colliding in Australian infrastructure. Do we really believe in miracle “win-win” scenarios?

  • Anthony Macdonald
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Qantas under pressure; Endeavour shares dive; Great Apple gadget

Read everything that’s happened in the news so far today.

Businesses can rack up millions of dollars in tolls annually moving goods around Sydney

One business is paying $7.4m in Sydney road tolls

Data compiled by the NSW government shows the high cost of tolls for companies as the state pushes ahead with new laws to monitor the prices motorists are being charged.

  • Jenny Wiggins

September

Brisbane’s Clem Jones tunnel goes under the city centre

PFAS foam leaks on Transurban’s Brisbane toll road rankle council

Transurban’s maintenance practices are being reviewed by Brisbane’s city council after fire-fighting foam spilled from a tank into a pump station in the company’s Clem Jones Tunnel.

  • Jenny Wiggins
Sydneysiders think the tolls they are charged to drive around the city are too high

Transurban’s plan on the table in Sydney toll fare overhaul

Investors are optimistic that the toll road group’s preferred option will be a serious bargaining chip as NSW prepares to overhaul Sydney’s motorway fares.

  • Updated
  • Jenny Wiggins

August

Tolls would be charged in both directions on Sydney’s Eastern Distributor if the NSW government adopts the recommendations of a review into Sydney’s tolling systems.

NSW government hunts bankers for tolls showdown with Transurban

On offer is the opportunity to act as the NSW treasury and transport’s lead financial adviser on changes to the tolling system expected by the year-end.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Transurban boss Michelle Jablko

Transurban investors get bigger payday but growth prospects scarce

The toll road giant reported a quadrupling of profits in the last financial year, with higher dividends expected. But it faces slower growth on its roads.

  • Updated
  • Jenny Wiggins
Transurban CEO Michelle Jablko is telling investors and governments what they want to hear. Can she deliver for both?

Qantas case a timely warning for money-spinner Transurban

The flying kangaroo’s drama is relevant for Australia’s dominant toll operator, which is returning more cash than ever to investors despite political pressure.

  • Anthony Macdonald
New home starts are down 45 per cent from mid-2021. The economy is struggling and now household spending is under severe pressure.

ASX valuations mask grim reality of a softening economy

Sharemarket investors need to factor in that central banks cut interest rates when economies slow and profit growth splutters.

  • Simon Evans
Transurban operates the Legacy Way tunnel under a concession agreement with the Brisbane City Council

Transurban’s Brisbane toll road operations scrutinised by council

The company has been forced to hand over toll road operational manuals to the Brisbane City Council after the government authority demanded information on responses to traffic accidents.

  • Jenny Wiggins

July

Superannuation is not for your kids’ inheritance

Letters from readers on super tax concessions; equitable road tolls; aged care and productivity; the need for plain speaking on climate; and ANZ’s bonds scandal.

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Data from Transurban shows the green pacemaker lights are helping reduce time spent in the tunnel by 50 seconds per trip.

Transurban’s Queensland office shake-up leads to departures

The branch, which manages six toll roads, is losing more senior staff following a restructure and investigation into whistleblower complaints.

  • Jenny Wiggins
Businessman David Gonski advised federal governments on education policy.

On school funding, all governments get a fail

Letters from readers on the Gonski funding challenge; Telstra’s price increases; the NSW review of road tolls; action on climate change; and the health of the River Seine.

Drivers who use Sydney’s Eastern Distributor toll road would have to pay toll fares in both directions if the government adopts the recommendations of a toll road review.

Sydney’s toll road overhaul is set to target the rich

Drivers who live in some of the city’s priciest suburbs may pay extra, but the benefits of reducing fares on many of its other motorways will be worth it.

  • Jenny Wiggins
Professor Allan Fels releases the final report of an independent toll review on Tuesday.

Review finds Transurban should be forced to renegotiate Sydney tolls

The recommendations put the NSW government on a collision course with the ASX-listed motorway giant, which controls 11 of the city’s 13 toll roads.

  • Updated
  • Jenny Wiggins
Former ACCC chairman Allan Fels is looking at ways to make Sydney’s motorways network more connected.

Transurban hijacks NSW toll review, raises social licence stakes

Transurban changed its tune in June, promising to be part of the solution. It has six months to come up with something better for Sydney’s drivers.

  • Anthony Macdonald

Original URL: https://www.afr.com/company/tcl-1kj