The Queensland government is investigating borrowing against a future $34 billion windfall from returning toll roads to state hands, to plough billions of dollars into a tunnel to tackle congestion in Brisbane’s growing north.
The government plans to resume operating the state’s toll road network from 2051 when the concessional agreements with listed toll road operator Transurban expire.
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Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com