Strategy
Transurban manages and develops urban toll road networks in Australia and the United States of America. We have been in business since 1996 and are now a top 20 company on the Australian Securities Exchange (ASX).
At the heart of our business strategy is our desire to be a 'partner of choice' for our government clients and an organisation that exceeds the needs of our customers, investors and the communities in which we operate.
Transurban is committed to providing effective transportation solutions to support the growth and well-being of our cities.
We do this through efficiently managing our existing road networks, active involvement in the transport policy debate, and applying our skills to infrastructure challenges in our markets.
Our strengths include:
- Network planning and forecasting
- Operations and customer management
- Project development and delivery
- Application of technology
- Community engagement
Transurban operates its road assets under concession deed agreements with state governments. These concessions allow us to manage and toll our roads in exchange for investment in the construction, operation and maintenance of these assets. At the end of our concession deed periods, our roads are returned to government management.
Tolled roads allow infrastructure projects to be funded and delivered earlier than they would have been under alternative government-funded, no user charge models. This provides a range of benefits to road users and the broader community.
Detailed independent modelling from KPMG estimates the direct economic benefit of the 16 current toll roads in Australia over ten years at $52 billion across Australian business, households and environment, compared to a scenario in which these toll roads did not exist over that same period.
This includes:
- $23.8B of direct benefits in business productivity from vehicle operating cost savings, travel time savings, reliability gains and wider economic benefits
- $28B of household benefits to individuals from personal travel time savings, reliability gains and vehicle operating cost savings
- $336M of greenhouse gas emissions savings from more efficient transport networks
- Supporting 5,600 jobs annually
Collectively these benefits lead to an overall impact of $37.1B in increased GDP (or $1,571 per person), and $15B in increased State and Commonwealth tax receipts.
These estimates take into account only the benefits experienced by those drivers using toll roads, and not the additional potential benefits from reduced congestion on other roads.
The KPMG report on the economic contribution of Australia's toll roads can be found here.
Our vision is to strengthen communities through transport
It is the many and diverse communities that make our cities such great places to live, work and visit. At Transurban, we strive to make a difference in communities by providing safer, smarter and faster ways for people to go about their daily lives.
