Rear Window

Transurban bell tolls for Lindsay Maxsted

It’s been an interminable six years since Maxsted told Transurban’s 2016 annual meeting he’d look to step down before 2019.

Joe AstonColumnist

Aug 23, 2022 – 7.39pm

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On Thursday, Transurban finally announced the retirement of chairman Lindsay Maxsted.

Its imminence had been apparent since the previous Saturday, when The Weekend Australian published a soaring valedictory profile of Maxsted, virtually canonising the Transurban board for deciding in March 2020 to temporarily waive the tolls of 31,000 pandemic-affected motorists (while the other 5.7 million of them copped a toll increase).

Joe Aston is the founder of Rampart and the best-selling author of The Chairman’s Lounge: The inside story of how Qantas sold us out. From 2012 to 2023, Joe helmed The Australian Financial Review’s Rear Window column.