This Month
Cost of Victoria’s ‘missing link’ toll road blows out by $10b
Victorian Premier Jacinta Allan has blamed the cost blowout for the North East Link on inflationary shocks from the war in Ukraine and the pandemic.
- Gus McCubbing
$10b budget ‘savings’ mostly delayed roads and rail spending
Three-quarters of Treasurer Jim Chalmers’ $9.8 billion in budget cuts come from pushing spending on major road and rail projects beyond the four-year forecasts.
- Ronald Mizen
‘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.
- Samantha Hutchinson
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.
- Samantha Hutchinson
November
Queensland projects worth $14b at risk from federal cuts: Miles
Queensland Deputy Premier Steven Miles said he would be seeking answers to the big infrastructure cuts to his state when he meets federal Infrastructure Minister Catherine King in Canberra on Wednesday.
- Updated
- Mark Ludlow
Transurban has a peek at Denver’s Northwest Parkway toll road
Transurban’s got another toll road across the Pacific Ocean it may add to its $40 billion empire.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Great Western disappointment: The towns dudded in infrastructure deal
Trucking boss Ron Finemore has been floored by the federal government’s decision to swing the axe on a major NSW road project.
- Samantha Hutchinson
King goes to war with states over roads and rail funding
The Albanese government’s official response to a review of projects is $7.3 billion in savings and $6.7 billion in extra funding. The states still don’t like it.
- Updated
- Ronald Mizen
States bicker over ‘fair share’ of infrastructure funds
State and territory governments lashed out at the Albanese government over cuts to key infrastructure projects.
- Mark Ludlow, Samantha Hutchinson, Patrick Durkin, Tom Rabe and Simon Evans
Full list of 50 axed road and rail projects
Following a review of the $80 billion road and rail building program, Catherine King will cut federal funding to 50 projects. This is the full list.
King swings the axe on new road and rail to save existing projects
Infrastructure Minister Catherine King will provide an extra $6.2 billion to cover cost blowouts on 10 projects, but it will come at the cost of other projects.
- Ronald Mizen
NSW faces $2b hole on roads as states fight infrastructure cuts
Federal Transport Minister Catherine King faces a tough fight from state premiers as a raft of infrastructure projects stand in line for cuts
- Samantha Hutchinson, Mark Ludlow, Tom Rabe and Gus McCubbing
- Updated
- Infrastructure Summit
Labor faces state revolt over infrastructure funding changes
NSW, Western Australia and Queensland say they are already out of pocket even before the federal government reduces the share of projects it will fund.
- Ronald Mizen and Mark Ludlow
- Opinion
- Chanticleer
The one debate this Macquarie infrastructure guru finds ‘nuts’
Ani Satchcroft says higher rates are making complex deals harder, and debates about the widening definition of infrastructure miss the point.
- James Thomson
KKR teams up with Skip Capital for Queensland Airports; vets EastLink
It’s pedal to the metal for KKR’s dealmakers, who are chasing another local infrastructure asset, or two, to park in their portfolio.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Infrastructure
Fix local roads first, to dodge the infrastructure potholes
Taxpayers would get better bang for their buck if the federal government spent an extra $1 billion on improving local roads rather than building new megaprojects.
- Marion Terrill
French giant Vinci bankers up for EastLink tilt
It is understood to have drafted in Rothschild & Co’s local infrastructure team to advise it on its run for the toll road.
- Updated
- Sarah Thompson, Kanika Sood and Emma Rapaport
October
- Exclusive
- Infrastructure
New road, rail spending slumps as Labor tells premiers to cut back
Just eight new projects valued at $6.6 billion were added in 2022-23, a sharp decline on the 24 projects valued at $25.3 billion added the year prior.
- Ronald Mizen
France’s Vinci test drives banks for EastLink tilt; Transurban digs in
Paris-headquartered concessions player Vinci Group has begun meeting with investment banks for a potential buy-side mandate.
- Sarah Thompson, Kanika Sood and Emma Rapaport
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.
- Jenny Wiggins
