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As if the extortionate fees charged by Sydney Airport wasn’t bitter enough, NSW taxpayers will now hand over $170 million to the Airport for the privilege of paying $2.6 billion to build the 2 kilometre Sydney Gateway roadway in order to funnel more passengers and parking to said Airport. From The ABC:
The NSW Government will give Sydney Airport $170 million in compensation to acquire land it needs to build a major motorway link between the terminals and WestConnex.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.