WestConnex
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Search complete. 6 mentions across 5 episodes found for "WestConnex".
Oct 15, 2026
Ben FordhamHOST
Michelle, you're going to get a code in the Jaggards draw on Monday, and whoever has the correct code that opens the safe is going to win $20,000 worth of gold bullion, which is a wonderful prize.
Ben FordhamHOST
Right now, we're looking at 18 minutes to nine o'clock, and Transurban's traffic team tell us drivers are saving up to 45 minutes using WestConnex from Parramatta to Sydney Airport, Transurban operator of Linkt.
Ben FordhamHOST
And Anika Wells is making a speech today at the Press Club.
Ben FordhamHOST
She'll be trying to spruik the government's proposed digital duty of care laws.
Laura BesaratiHOST
So if you are one of those eligible investors, you might be due for a payday today.
Steve DaghlianHOST
Transurban is down 1.7% after buying an additional stake in some toll roads for about $4.5 billion, including in WestConnex, Westlink, M7 and NorthConnex in Sydney, which means after the acquisition, it's going to own about 60% of WestConnex.
Laura BesaratiHOST
Suncorp has also been on the losers list today.
Laura BesaratiHOST
Of course, this is the company that owns insurance brands like Amy, GIO and Shannon's.
Michael ThompsonHOST
While the deal does bring majority ownership back home, it's also a bit of a sign that Canadian institutional investors who have long been a supporter of the Australian market, we've been talking about them for ages, but it suggests that they are beginning to look elsewhere.
Michael ThompsonHOST
The deal will lift Transurban stakes in Westlink M7 and NorthConnex from 50% to 75% while its holding in WestConnex will rise from 50% to 60.5%.
Sean AylmerHOST
Chief Executive Michelle Jabalco says Sydney remains a core market for the company.
Sean AylmerHOST
Roads expected to play an important role as the city grows.
Scott HaywardHOST
Tell us about that if you can, Jamie.
Jamie HannaGUEST
Yeah, look, they agreed to spend $4.5 billion to boost their stake in the Sydney's toll road called WestConnex.
Jamie HannaGUEST
So they bought it from the Canadian Pension Plan Investment Board and they've partnered with them, you know, Transurban has partnered with them for probably more than 15 years to build some of Sydney's biggest toll roads.
Jamie HannaGUEST
But the deal will obviously be funded by debt.
speaker_2NARRATOR
Transurban splashes four point five billion dollars on Sydney toll roads.
speaker_2NARRATOR
The multinational toll road operator is purchasing additional equity in the M7, NorthConnex, and WestConnex from the Canada Pension Plan in an effort to boost earnings.
speaker_2NARRATOR
WestConnex is one of Transurban's best investments, with traffic increasing four point four percent in FY2026.
speaker_3NARRATOR
Ampol bets big on EVs with two hundred and twenty-five million dollars EV purchase.
speaker_3NARRATOR
The petrol refiner and retailer will add roughly one thousand and thirty charging bays from the EV network acquisition as EV sales surged in the past year.