Transurban should be subject to price gouging inquiry

Monday, 26 February 2024

Australia’s biggest toll road operator, Transurban, reported a net profit of $230 million for the six months ended December 2023, more than quadrupling its previous corresponding result.

Traffic on Transurban’s toll roads also increased by 1.2% in Sydney, 2.6% in Brisbane, and 2.3% in Melbourne.

Twitter (X) user Peter Morgan questioned why Transurban has been left out of price-gouging discussions:

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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.