November 2024
One of the few remaining building groups on the ASX hits the gas
Maas Group was founded by former Rabbitohs player Wes Maas two decades ago. With three acquisitions in one day, it is turbocharging its expansion plans.
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.
September 2024
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.
May 2024
Transurban wants more drivers to see the benefit of toll fares
In a strategy presentation to investors, the motorway giant’s chief executive Michelle Jablko said the focus would be on ‘running the business better’.
More congestion, more profit: ex-CEO slams Sydney interchange plan
Ex-NSW roads executives say the controversial Rozelle Interchange was designed to have more congestion to increase the value of WestConnex before it was sold.
April 2024
Transurban’s WestConnex traffic jumps 10pc in a year
The first update from the motorway operator since the controversial Rozelle Interchange opened shows a surge in traffic in the 33-kilometre tunnel network.
‘How did they get it so wrong?’: Rozelle interchange still a debacle
A proposal to slow down tolled traffic heading into the Sydney CBD was “taken off the table” in January, a NSW parliamentary inquiry has been told.
March 2024
NSW urged to take control of road tolls
A report urges the NSW government to set road tolls by legislation to save motorists from some of the $123 billion they are forecast to pay in coming decades.
Sydney toll agreements still stuck in coins era
If NSW is serious about rethinking Sydney’s toll roads, you can bet motorists (and voters) will be happy to see it put a bit of heat on Transurban.
Half of $195b toll hit on Sydney drivers will come from WestConnex
Excerpts of a review into NSW toll roads shows drivers will be slugged $195 billion by 2060, but major roads remain clogged at peak hour.
‘Commercial negotiation’ behind Rozelle Interchange traffic meters
The operational agreement behind “ramp meters” that slow cars passing through Sydney’s controversial $4 billion Rozelle Interchange will not be made public.
February 2024
Transurban net profit quadruples but dividend disappoints
New Transurban boss Michelle Jablko says she plans to make the $41 billion tollroad company more efficient.
December 2023
Full speed ahead for Transurban despite traffic chaos
The traffic jams surrounding Sydney’s new Rozelle Interchange haven’t bothered Transurban investors, with the stock rising 7 per cent since it opened in late November.
Rozelle road designs kept from public view
Infrastructure Australia did not see final plans for the Rozelle Interchange and councils and communities had no access to details before the controversial project caused gridlock.
How Australia’s ‘massive traffic muck-up’ stalled Sydney
The NSW government says it has “no intention” to change how lanes are configured on Sydney’s Anzac Bridge despite fury from residents stuck in traffic.
‘I’m staring at a car park’: Rozelle chaos delivers hit to retailers
The owner of a popular sports shoe shop says congestion since the opening of the Rozelle Interchange has had an impact on retailers in the busy shopping strip.
Rozelle interchange ‘diabolical’ as workers pay the price
Emergency roadworks are under way to fix traffic snarls at the Rozelle interchange, which have persisted into a second week.
$3.9b traffic jam as toll-paying WestConnex motorists get right of way
The NSW government is limiting traffic from public roads in favour of WestConnex under a deal struck with Transurban last month.
November 2023
Sydney drivers see red as spaghetti junction triggers traffic chaos
Australian actress Rebel Wilson was among Sydney motorists brought to a standstill on the $4.6 billion Rozelle Interchange’s third day in action.
October 2023
New Transurban boss Michelle Jablko wants to reward drivers
The CEO plans to offer incentives such as car hire and car wash discounts for users of the toll road group’s Linkt accounts to encourage motorists to keep paying for its roads.