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.
Is the Atlas Arteria Group (ASX:ALX) share price a buy after announcing approval for works on the Dulles Greenway in the US.
The majority of analysts seem to agree that the RBA will once again cut the official cash rate when they meet next Tuesday. Below I suggest 3 ASX shares that offer an alternative to cash.
Here’s an in-depth look at the ETF Securities Global Core Infrastructure ETF (ASX:CORE). The CORE ETF.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.25% at lunch.
Transurban has just released its full year results with toll road traffic and revenues climbing higher.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 1.30% on Tuesday.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.45% on Wednesday.
Retirees are faced with a difficult decision of what to do with their money after the Reserve Bank of Australia (RBA) decided to cut interest rates again to 1%.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.06% at lunch.