Minister throws mud at toll road giant
Victorian Transport Infrastructure Minister Jacinta Allan has accused Transurban of having ‘failed on their commitment to the Victorian community’.
Transurban
Transurban loss follows Covid hit to tolls
Transurban has plunged to a $448m half-year loss after the pandemic caused a sharp fall in traffic on its road network.
‘We need to keep cities moving’
Transurban boss Scott Charlton has called on public and private sector employers to develop a co-ordinated approach to flexible working.
ANZ’s Jablko transitions duties to Buggle as acting CFO
Shane Buggle has stepped into the role of acting chief financial officer at ANZ Bank after Michelle Jablko’s resignation to take up the same job at Transurban.
IFM Investors tipped as entering race for WestConnex stake
At least one party in addition to Transurban and its backers is understood to be interested in Sydney’s WestConnex.
Transurban poaches ANZ CFO Jablko
The former investment banker is expected to become a potential successor to Transurban boss Scott Charlton.
IFM Investors joins WestConnex race
Infrastructure manager IFM Investors is believed to be entering the contest for up to 49 per cent in Sydney’s WestConnex roading project.
Transurban sells US stake to funds
Transurban has sold a 50pc stake in its US highways for $2.8bn to Australian and Canadian superannuation investors.
Transurban to consider sale of US toll roads
Transurban will consider selling minority interests in its three US roads to strengthen its balance sheet and give it the option to invest more in Australia.
ASX fights to 0.3pc gain on bank, BHP lift
The extension of Victoria’s lockdown weighed on Transurban, but did little to hamper recovery in the major banks, while the newest BNPL stock jumped 45pc.
Infrastructure facing COVID-19 headwinds
Restricted population movement, declining immigration and the lure of ‘growth’ stocks spell trouble for a long favoured sector.
Exec pay under pressure
Pay levels at some of the nation’s biggest companies are falling as corporate earnings succumb to the pandemic.
Bank lift offsets commodity weakness
The ASX bounced from daily lows to finish down 0.1pc, as Commonwealth Bank, Seek and Transurban felt the sting of results disappointment.
Major road builder posts massive loss
One of Australia’s biggest road builders and toll providers Transurban says coronavirus has severely affected its operations, with a big drop traffic.
Traffic slump on toll roads hits Transurban
Transurban has sunk to a $153m annual loss after vehicles stayed off roads in lockdown, and as it warned of more volatility ahead.
We’ll get back to work: Transurban
Transurban chief challenges doomsday predictions about the working-from-home revolution.
Push to widen M7 and link to airport
Transurban and partners QIC and Canada’s CPPIB have lobbed an unsolicited proposal to the NSW government to widen its busiest road.
Aussies ‘won’t forgive’ toll hikes
Australia’s largest toll operator is under pressure to reverse price hikes, as it stands accused of making an ‘unforgivable’ decision.
‘Grand Theft Auto’ revealed
Transurban will reap $37bn after investing just $4bn to build the Andrews government’s West Gate Tunnel, new analysis shows.
Transurban faces toll-road block
A Transurban-led consortium’s bid for a 51 per cent stake in the WestConnex project faces hurdles.
Transurban monopoly takes toll
Transurban boss Scott Charlton would have taken comfort from the ACCC’s amber light for his WestConnex play.
Transurban toll traffic ramps up
Transurban’s local toll roads and tunnels have reported traffic growth as heavy snow slows US assets.
For whom $6.7bn tunnel tolls
Transurban CEO Scott Charlton says making taxpayers foot part of the bill for West Gate Tunnel project would be a bad outcome.
Peak hour charges for tunnel
Transurban’s West Gate Tunnel will introduce peak hour charges for cars travelling into a city for the first time in Australia.
Tunnel move provocative, risky
By raising equity and inking contracts for Melbourne’s West Gate Tunnel, Transurban and Labor are taking a calculated risk.
Transurban to raise $1.9bn
Transurban will tap shareholders for $1.9bn to fund its share of Melbourne’s West Gate Tunnel, which it’ll operate until 2045.
Transurban fears capital flight
Scott Charlton says a lack of political bipartisanship around infrastructure development could ultimately hurt the economy.
Transurban defends payouts
Transurban cites a “heavy period of development’’, as its shares drop on growth and dividend forecasts.
Transurban drives roads research
Projects to develop hi-tech road safety solutions are being bankrolled by Transurban.
Warning of ‘unrealistic’ pricing
Transurban chief executive Scott Charlton says the company will remain disciplined in bidding for new toll roads.
Original URL: https://www.theaustralian.com.au/topics/transurban/page/4