Industry Analysis & Industry Trends
Toll road operators charge motorists fees in exchange for providing high-quality roads that reduce travel times. Ideally, tolling revenue is sufficient to cover both operating costs and provide a return for investors after debt payments. The industry's revenue streams from specific toll roads are relatively stable, expanding over time as population growth and congestion result in increasing use. Given the nature of industry services, sharp expansions in revenue follow from increased capacity, and capital structures are a key factor behind the viability of industry participants.
These features of the industry have been amply demonstrated over the past five years, as the industry absorbed three new establishments and revenue expanded at a compound annual rate of 3.9%... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Industry value added (IVA), which measures the industry's contribution to the overall economy, is forecast to grow at a compound annual rate of 1.8% over the 10 years through 2018-19. This is a much lower rate than GDP growth in Australia over the same period, which is projected to rise at a compound annual rate of 2.6%. This means the Toll Road Operators industry will have a smaller share of the overall economy in 2018-19 than it did in 2008-09
The industry has been growing strongly in terms of revenue over the past 10 years as the capacity available on toll roads has increased. Growth has been supported by increased privatisation by state governments and the rise of PPPs... purchase to read more