Transurban Group (ASX:TCL) owns and operates 15 toll roads in Melbourne, Sydney, and the greater Washington area. Revenue growth is derived from traffic growth and their very own rivers of gold – inflation protected toll prices. CityLink in Melbourne is Transurban’s biggest asset, in 2018 this accounted for approximately 32% of their total toll revenue – working out to be about twice the size of the roads in Brisbane.
The Transurban Group (ASX: TCL) share price has gone nowhere so far today despite the company announcing its first HY22 results.
Transurban Group (ASX: TCL) has reached an agreement today to contribute an extra $2.0 billion to complete the West Gate Tunnel project.
The S&P/ASX 200 (INDEXASX:XJO) capped a volatile week with a positive finish as the Crown (ASX:CWN) share price rallied on a new takeover bid.
With Melbourne celebrating freedom day, I expect the following 3 ASX shares to directly benefit from the city’s reopening.
Toll-road operator Transurban Group (ASX:TCL) share price will be on watch after the business provided a Q1 trading update at its AGM.
I think that the two ASX dividend shares in this article are definitely worth thinking about for income. In my opinion, it’s important to be
Magellan Financial Group’s Ltd (ASX: MFG) purchase of a 40% stake in Barrenjoey is derisking the company and adding new revenue streams.
Could Australian Foundation Investment Co. Ltd. (ASX:AFI) be a great way to invest for the long-term in ASX shares?
The S&P/ASX 200 (ASX:XJO) suffered its worst day since February, falling 2.1% on the back of ongoing weakness in the commodity sector.
