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While residents of Sydney and Melbourne are suffering from crush-loaded roads, trains, schools, and hospitals, as well as smaller and more expensive housing, toll road company Transurban is making out like a bandit.
Earlier this year, ABC News reported that Sydney’s toll road network is the most expensive and extensive in the world :
…transport experts have given the city the dubious honour of having the most extensive — and expensive — urban toll road network in the world.
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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.