Greedy Transurban refuses to delay toll increases

Advertisement

While residents of Sydney are suffering from mass job losses and falling incomes, and all companies are taking haircuts, monopoly toll road operator Transurban is pushing ahead with hefty toll increases across its Sydney road network:

Opposition roads spokesman John Graham said the government needed to work with toll operators to freeze price increases for the quarter, and possibly beyond.

“NSW is in a precarious economic position right now and we need to look at different ways to ease the financial burden on families and businesses,” Mr Graham said.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.