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Infrastructure

Yesterday

Qube sacked Martinus Rail as the builder of a rail freight hub at the Moorebank logistics park.

Qube wins bitter court fight to claim $7m from Martinus Rail

The rail builder’s attempts to block the logistics group from getting access to $7 million in funds held as part of a security deposit have been dismissed.

  • Jenny Wiggins

This Month

Traffic flows quickly through Transurban’s WestConnex tunnels.

Full speed ahead for Transurban despite traffic chaos

The traffic jams surrounding Sydney’s new Rozelle Interchange haven’t bothered Transurban investors, with the stock rising 7 per cent since it opened in late November.

  • Jenny Wiggins
Greenhill Energy managing director Nicholas Mumford

Ex-Santos exec fires up $425m waste-to-hydrogen plan

Greenhill Energy is preparing to raise capital for a multistage plant to turn waste into fertiliser, hydrogen and synthetic fuels.

  • Simon Evans
Cars queue to try and get onto the Anzac Bridge after the Rozelle Interchange opened in late November.

Rozelle road designs kept from public view

Infrastructure Australia did not see final plans for the Rozelle Interchange and councils and communities had no access to details before the controversial project caused gridlock.

  • Jenny Wiggins
Treasurer Tim Pallas says Victoria should be receiving 26 per cent of federal investment to match its population.

‘A milking cow’: states lash Commonwealth over infrastructure funding

Victoria will get just 1.6 per cent of new priority infrastructure spending over five years, and cuts are expected to cause a $1.6 billion hit to NSW’s budget.

  • Gus McCubbing and Samantha Hutchinson
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Stevedores like DP World and Patrick have emerged from the COVID-19 pandemic in good shape with the industry posting record profits.

ACCC says it’s too soon to regulate port fees

The competition watchdog has shied away from regulating so-called “access” fees charged by port stevedores despite industry profits surging to record highs.

  • Jenny Wiggins
Australia makes steel but has been importing more of the metal in recent years due to a boom in infrastructure and housing projects.

Steel, concrete shortages ‘threaten housing, clean energy projects’

Steel imports have been rising, sparking concerns that infrastructure projects could again become vulnerable to global supply chain glitches.

  • Jenny Wiggins
Brisbane’s key business lunch zone Eagle Street was inundated during the 2022 floods.

Insurers warn of cutting flood cover options or even customers

Insurers have warned some coverage options might have to be changed after devastating floods last year.

  • Liam Walsh
RA Infrastructure was called in to upgrade the Sydney Opera Houses’ Joan Sutherland Theatre in 2016.

Anacacia calls in Allier Capital to shop infra biz

The Sydney-based advisory firm will work in partnership with US-based boutique William Blair to field interest in RA Infrastructure.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Angry residents of Sydney’s inner west suburbs gathered at the Balmain Town Hall to demand changes to the Rozelle Interchange

How Australia’s ‘massive traffic muck-up’ stalled Sydney

The NSW government says it has “no intention” to change how lanes are configured on Sydney’s Anzac Bridge despite fury from residents stuck in traffic.

  • Jenny Wiggins
Plenary Group CEO David Lamming.

Plenary Group seeks new backer; valuation up to $1b

Street Talk understands the public infrastructure developer and fund manager is seeking a new long-term investor to inject capital into its balance sheet.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Palisade Investment Partners Managing Director James Hann, CEO Roger Lloyd and Executive director Simon Parbery.

Palisade kicks off $1b raise for renewables platform Intera; eyes $7b

The platform is in the same vein as Igneo Infrastructure Partners’ Atmos Renewables and Macquarie Asset Management’s newly announced Aula Energy.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Ms Bayer Rosmarin last appeared in public representing Optus at a Senate inquiry in late November.

Ex-chief Kelly Bayer Rosmarin severs final ties with Optus

The former chief executive stayed for the transition to acting chief executive of Michael Venter, who is also the company’s chief financial officer.

  • Jenny Wiggins
The second merge heading on to the Anzac Bridge from Victoria Road, with a third - and very tight - merge in the distance.

$3.9b traffic jam as toll-paying WestConnex motorists get right of way

The NSW government is limiting traffic from public roads in favour of WestConnex under a deal struck with Transurban last month.

  • Jenny Wiggins

November

Cars trying to enter the Anzac Bridge on free roads from inner western Sydney suburbs have been stuck in traffic james during peak morning hours.

Scott Charlton exits Transurban as traffic snarls WestConnex

Driving through Transurban’s WestConnex tunnels, which are tolled, has been smooth, but drivers on public roads surrounding the interchange have been stuck in long traffic jams.

  • Jenny Wiggins
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Artificial intelligence is expected to increase demand for fibre networks.

FibreconX teams up with Megaport in fibre network push

CEO Mark Rafferty says the optical fibre business hopes to snare 200 to 300 wholesale customers from the country’s biggest telecommunications groups as it pitches cut-price services.

  • Jenny Wiggins
Melbourne’s EastLink has at least three suitors outside of Transurban.

Indicative bids in for Melbourne toll road EastLink; Transurban MIA

The ASX-listed toll roads giant was missing in action at the auction for a 55.45 per cent stake in the Victorian asset.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
The Palaszczuk goverment said the Bruce Highway - which runs from Brisbane to Cairns - was the “backbone of the state”.

Queensland projects worth $14b at risk from federal cuts: Miles

Queensland Deputy Premier Steven Miles said he would be seeking answers to the big infrastructure cuts to his state when he meets federal Infrastructure Minister Catherine King in Canberra on Wednesday.

  • Updated
  • Mark Ludlow
Former Leighton Holdings executive David Savage (right) and his wife Jenny (left) attended the Downing Centre local court on Tuesday.

Former Leighton executive David Savage appears in Sydney court

David Savage has returned from his French chateau to attend court hearings in Sydney as prosecutors try to prove they have enough evidence to bring a criminal case to trial.

  • Jenny Wiggins
City of Parramatta’s population is expected to rise to more than 440,000 people by 2040.

Commercial property booming in Parramatta’s CBD

More than 200,000 square metres of commercial space has been added to the Parramatta property market in the last three years, with more businesses looking to gain a toehold in the fast-evolving western hub, writes Alexandra Cain.

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by City of Parramatta Council