Transurban Group higher on a down day for the Industrials sector
Here is the latest company close update for Transurban Group, TCL.
Transurban
Transurban may have to pay millions to rival after court loss
The toll roads giant may have to pay around $143m to its rival after losing a court case.
Transurban’s great balancing act
Chief executive Michelle Jablko says NSW toll reform talks are a ‘priority’ as Transurban tries to keep Sydney tolls while eyeing billions of dollars from QLD state government.
ASX 200 hits 5-week low; $2.4bn for Whyalla Steelworks
Fortescue leads mining losses. Banks continue to sink. Goodman down on equity raising. Megaport top gainer as Telstra, Wesfarmers also lift. Rescue package for SA steel plant. Jobs rise more than expected.
Transurban slugged over ‘unjust fees’
The country’s biggest toll road operator will be forced to stump up millions of dollars after it ‘unjustly’ skimmed extra fees off ConnectEast.
Transurban finally faces its political test
Transurban has exploited the shortsighted approach by politicians and converted their weakness into a cash-generating monopoly. The NSW government has finally drawn a line in the sand.
Transurban defends lucrative toll contracts
The $40bn heavyweight has defended its lucrative contracts in Sydney as it continues talks with the NSW government over reforms to the state’s toll road charging regime.
ASX 200 a sea of red; WiseTech rebounds
Bourse has $48bn wiped off. WiseTech rises as Richard White settles fight with ex-lover. MinRes dogged by founder concerns. Broker downgrade weighs on Metcash. Audinate, Iluka updates trigger selloff.
ASX rises after late surge; Brambles, Healius, WiseTech top gainers
Energy sector dips while tech stocks soar. Santos, Corporate Travel, IAG, Domino’s down earnings miss expectations. Brambles’ $500m buyback wins over investors. New CEOs at Perpetual, Atlas Arteria as PEXA search begins. WiseTech hits record.
Transurban the big winner from Minns’ WFH call
Toll road operator weighs in on the controversial back-to-the-office order in NSW as it flags bigger dividend.
ASX slips; property, miners under pressure
The local sharemarket ends slightly in the red, as investors ditch property, mining and energy stocks. RBA ‘won’t hesitate’ to life rates if necessary, Bullock says. ACCC can appeal CFMEU/Hutchinson court decision.
Toll road boss must map new route to grow
Transurban’s Michelle Jablko has given an insight into how she expects to manage the toll road giant as it has started to find limits to its growth in the local market.
Transurban warns on changes to tolls
Toll-road giant Transurban has warned against radical changes to the Sydney motorway network and any moves that could see drivers pay more.
Why Transurban is in drivers’ seat over toll reform
Road users have been left behind as governments rush to secure big-ticket infrastructure deals. That’s where real reform needs to start.
Transurban backs reforms to motorway toll charges
Transurban says it backs an investigation into return on investments after a report claimed Sydney motorists were likely to pay for the cost of motorways three times over.
Why this toll road boss faces a reputational crash
From Rozelle Interchange to price hikes, there’s a backlash brewing for new Transurban chief executive Michelle Jablko.
Transurban profit up amid toll road woes
CEO Michelle Jablko is in the crosshairs of public opinion over rising tolls and the Rozelle Interchange debacle, while also trying to placate investors underwhelmed by earnings.
ASX gains; AGL soars, REA drops
Iron ore miners trim gains as China’s CPI falls at fastest pace since 2009. Investors back News Corp, AGL earnings updates. Cochlear up on profit upgrade. REA Group, Transurban and Alliance Aviation drop.
ASX reaches new 10-month high; Pexa dives
ASX 200 has best daily close in 10 months. Pexa dives 11.8 per cent after Smoove update. Sezzle soars for no obvious reason. KMD down after weak consumer sentiment hits sales. Airbnb to cough up $30m.
ConnectEast accuses Transurban of ‘enriching’ itself with fees
Toll road giant Transurban could have overcharged ConnectEast millions of dollars, the Victorian Supreme Court has heard.
‘Enormous potential’ for Transurban as population rises
New Transurban boss Michelle Jablko believes the toll roads operator can play a crucial role in rolling out infrastructure to avoid Australian cities being choked by expected massive population growth.
ASX 200 falls; Brookfield set to lift Origin bid
Liontown in $365m equity raising, $760m debt funding. Consortium works on higher Origin offer. Qantas, Telix, Netwealth drop. 1200 jobs at risk at Alcoa Kwinana. AUD drops on jobs data.
Tougher cop on the corporate beat
Take a bow Gina Cass-Gottlieb for running the ACCC as an actual competition enforcement agency, and drawing a line in the sand.
Transurban schooled in Dan Andrews’ politics
Victoria had a bigger motivation in urging the regulator to block the toll road operator’s bid for EastLink.
ACCC unconcerned by Transurban’s EastLink court threat
ACCC chair Gina Cass-Gottlieb has blocked Transurban’s bid for EastLink, and says she is ready to fight a court case over the decision.
ASX falls 1.4pc; Goyder staying at Qantas
Qantas chair says major shareholders back him. AusSuper move comes amid push for a higher Brookfield bid. Transurban drops on ACCC block as Abertis circles. Fels takes aim at energy giants’ profits.
From roads to the skies for Transurban’s Charlton
It’s out of the frying pan and into the fire for the debonair CEO of Transurban Scott Charlton, who has been announced as the incoming boss of Sydney Airport.
ASX down; Joyce’s $21.4m send off
Joyce faces a significantly reduced final pay packet. Qantas CEO Vanessa Hudson ‘has a lot of work to do’: Chalmers. Income lift boosts Sezzle. NAB warns against branch mandate. KMD drops on profit fall.
Bowen quits major boards for Rokt lift-off
One of Australia’s best known company directors has stepped down from three major boards for an executive role in New York with technology unicorn Rokt.
ASX lifts; Rio, Fortescue gain
Broker upgrade boosts Fortescue, Rio. Mark Bouris home loans business to delist. Myer shares up. Uranium stocks surge.
Original URL: https://www.theaustralian.com.au/topics/transurban