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Thursday, August 26, 2004

The Australian: Tolls put Transurban streets ahead

Traffic = $$$$ Increased traffic on the Melbourne CityLink toll road network has allowed operator Transurban to declare a final distribution of 13.5c per stapled security, a 35 per cent increase from a year earlier.

Transurban managing director Kim Edwards added that distributions were set to grow by around 10per cent every year. Toll revenue for the 12 months to the end of June was up 10.1 per cent to $254.5 million after the goods and services tax.


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