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Transurban Group (ASX:TCL)

Transportation

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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.  

Transurban Group (ASX:TCL) share price

Transurban Group (ASX:TCL) share price news

ASX Bank Shares
James Gerrish

Some support found: Eyes on US inflation tonight

Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.11% to 7,712.50.

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