NewsBite

Roads

September

OPTrust is best known in Australia as owner of the SkyBus, which is held as part of its Kinetic transport business.

OPTrust’s bus operator Kinetic juices up forecasts for $4b-plus sale

The business’ geographical expanse – it owns Melbourne’s SkyBus as well as London’s red double-deckers – has befuddled investors and sparked expectations of a breakup.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
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
Atlas Arteria’s attempts to increase toll fares on the Dulles Greenway by as much as 40pc have been knocked back.

End of the road for Dulles Greenway’s 40pc toll increase

Atlas Arteria’s aspirations to push up tolls on its US road have been dashed after a regulator ruled out the hefty increase.

  • Jenny Wiggins

August

The French government wants to tax motorways like France’s Autoroutes Paris-Rhin-Rhône.

New French fossil fuel tax clips Atlas Arteria’s profit

The motorway group’s interim profit slid 16 per cent despite making more money from tolls, as the introduction of the levy hits the bottom line.

  • 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
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July

Infrastructure Minister Catherine King during a tour of the Metro station at the Western Sydney Aerotropolis.

King sets up infrastructure project review amid CFMEU scandal

Infrastructure Minister Catherine King has directed her department to review major construction projects including the Western Sydney Airport and Inland Rail. 

  • Ronald Mizen
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
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
Sydney’s Rozelle Interchange gives traffic from Transurban’s WestConnex tunnels direct access to two of the Anzac Bridge’s four lanes leading into the CBD.

Transurban contracts have ‘concerning’ lack of transparency: inquiry

The findings of a NSW parliamentary probe called after the opening of the Rozelle Interchange comes ahead of a government review into Sydney’s toll road system.

  • Jenny Wiggins
Five former employees in Transurban’s Brisbane office have filed Fair Work claims against the tollroad group.

Transurban beds down new executive team after restructure

An operations manager has left Transurban’s Brisbane office as the toll road group’s new executive management team tries to shake off claims it breached the Fair Work Act.

  • Jenny Wiggins
Toll road group Transurban is defending six Fair Work claims.

Transurban denies employee fired for whistleblowing

The toll road group has asked courts to dismiss a claim brought by a former employee who alleged he lost his job after alleging coercion, manipulation of company records and safety failings.

  • Jenny Wiggins

June

Queensland government increases infrastructure spend to $107 billion.

Queensland Labor’s infrastructure bill soars to $107b

Treasurer Cameron Dick has flagged cost blowouts amid increased infrastructure investments ahead of next week’s state budget.

  • James Hall

May

Melbourne’s EastLink had at least three suitors without Transurban.

EastLink sell-down clears final hurdle; pre-empts waived

Future Fund’s stake will be managed by QIC, advised by Lazard. The sellers included NZ Super and Teachers Insurance Annuity of America’s Nuveen.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

The battle for the streets of New York

The Big Apple’s streets are teetering between lively and unlivable. Now, the city is about to embark on the country’s first congestion-pricing plan.

  • Dodai Stewart
Transurban says some drivers could pay higher toll fares than they do currently in Sydney if proposed reforms go ahead

Transurban says drivers could pay more under NSW reforms

NSW’s proposed toll road reforms would hit some drivers with higher fares, create traffic congestion and would not necessarily be fairer, Transurban has claimed.

  • Jenny Wiggins
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A former Brisbane-based Transurban employee has alleged in court that he was dismissed after blowing the whistle on coercion, manipulation of company records and raising safety issues on toll roads.

Transurban network operator claims he was fired for whistle-blowing

The former employee has alleged in court that he was dismissed after blowing the whistle on coercion, manipulation of company records and raising safety issues on toll roads.

  • Jenny Wiggins
Labor stashes away billions for road and rail projects in its own seats.

Two-thirds of new road and rail money flows to Labor seats

Labor has allocated $4.1 billion for 64 new priority infrastructure projects, $2.7 billion of which has gone to Labor seats in Tuesday’s federal budget.

  • Ronald Mizen and Tom McIlroy
Atlas Arteria boss Graeme Bevans will leave the tollroad group when it finds a new CEO.

Atlas Arteria dodges second strike on remuneration at AGM

IFM Investors backed the toll road group’s remuneration report this year but the company has hit another setback in its attempts to raise toll fares in the US.

  • Jenny Wiggins
New Transurban boss Michelle Jablko is restructuring the toll road group’s executive team.

Transurban executives ‘no longer required’ after restructure

Two of Transurban’s top executives will leave on June 1 after the company decided to shift away from state-based oversight.

  • Jenny Wiggins
IFM Investors is Atlas Arteria’s largest shareholder.

IFM’s stake in Atlas Arteria creeps up to 26pc; Jarden on trade

The infrastructure investor paid $5.62 a share in a pre-market block trade on Tuesday morning.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

Original URL: https://www.afr.com/topic/roads-hut