Transurban profit hammered by plunging traffic volumes

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Toll road giant, Transurban, continues to be hammered by plunging traffic volumes from COVID-19, with profits tanking in FY20:

The blow charts via Citymapper further tell the story:

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Couldn’t happen to a nicer company.

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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.