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Transurban Archive
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Ghost traffic on US tollway hits peak oil ignorant banks and investors
Posted on June 21, 2012 | No CommentsThe Pocahontas tollway South of Richmond, Virginia, is the latest example how the combination of embellished traffic projections and a weak economy – caused by high oil prices – have […] -
Car addicted Sindney destroys bus ramp near rail hub as tollway debt increases 60 pct at least
Posted on February 12, 2012 | No CommentsThis web-site continues to monitor the disconnect between toll-way expansions in Australia and global crude oil supplies. The latest peak-oil ignorant action in car-addicted Sydney is the demolition of a […] -
M2 concession period extends into era of steep oil decline
Posted on February 1, 2012 | No CommentsWhat has been overlooked in Alan Jone’s 2GB campaign on the dumped BITRE report 117 http://ianmcpherson.com/blog/audio/jones_bitre_25-01-2012.mp3 is that concession periods of toll-ways extend far into the era of steep oil […] -
Money in Transurban’s cashbox not enough to complete M2 widening
Posted on February 11, 2011 | No CommentsTransurban ended up with a cash balance of $370 million at end 2010. $ 275 m of that amount is money provided by banks end of last year as part […] -
Yet more debt to finance Sydney’s toll-way expansion
Posted on November 22, 2010 | No CommentsBut will $740 million be enough to complete the M2 widening? Out of $740 million of new loans given by banks to Transurban, $465m are only for refinancing old M2 […] -
Transurban’s M7 traffic 38% less than expected
Posted on November 15, 2010 | No CommentsAccording to Transurban’s ASX press release dated 17thFebruary 2003 on the financial close of the Western Sydney Orbital, now M7 (Project debt of A$1.25 bn and A$ 980 million equity) […] -
Quick Risk Analysis for M2 Widening (part 2)
Posted on October 29, 2010 | No CommentsThe NSW government still has not understood the risks involved when approving the M2 widening while global oil production is set to decline. Wider M2 will drive deeper into motorists’ […]