toll roads

About 100 people, including many students from the nearby Haberfield Public School, protested at the pedestrian bridge on Parramatta Road, Haberfield, on April 10, against construction plans for the controversial WestConnex tollway.

Publicity for the protest proclaimed: "Tell WestConnex and the NSW government we oppose four more years of tunnelling, construction, dust and traffic at the Muirs sites, less than 200 metres from Haberfield Public School." The Muirs sites are a large area of former commercial land, now being used by WestConnex as a construction zone.

Sydney is in the grip of "tollway madness" and urgently needs a planning overhaul if it is to become a healthier city, the recent FitNSW forum for planning and health experts was told.

Karl Fitzgerald, 3CR’s Renegade Economist, spoke to independent investigative journalist Michael West (Michaelwest.com.au) about Transurban and its control of Australia’s toll roads.

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Let’s start with some numbers: traffic was up just 1.4% on Transurban toll roads over the past six months, but toll revenues were up 9.6% and the earnings before tax trickery by 11.6%. But its net profit was up a staggering 280% in just six months. What does that mean?

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