Australia’s infernal perpertual growth machine

After a $1 billion cost blow-out was revealed for the West Gate Tunnel Project, a Victorian Auditor-General's report also revealed that the cost of Melbourne's Level Crossing Removals Project, which was funded in part by selling a lease over the Port of Melbourne, has also blown-out by at least $2.3 ...

Transurban won’t hit ‘super-profits’ thanks to West Gate Tunnel deal

The West Gate Tunnel toll road deal cut by the Andrews government will help Transurban evade a "super-profits" clause in its CityLink contract ending tolling a decade early, a report by Macquarie Bank says.

Daniel Andrews counts toll of West Gate Tunnel deal

Credit Suisse and Macquarie Group analysts have fed concerns that the Andrews government's West Gate Tunnel agreement could be too favourable to the toll road operator, with both banks calling the unsolicited bid a boon for the company. The Andrews government on Tuesday revealed plans for the ...
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