Industry Analysis & Industry Trends
Toll road operators charge motorists for the right to access high-quality roads that reduce travel times. The industry's revenue from individual toll roads is typically stable. Individual assets build in popularity with motorists over their lifetime, while congestion growth and market acceptance increase toll road use and allow operators to raise prices and expand. However, volatility in total industry revenue can increase when new roads enter operation. The industry is capital-intensive, as tunnels and other expensive design features are often built on toll roads to save motorists time on their commutes. Ideally, tolling revenue is sufficient to cover both operating costs and provide a return for investors after debt payments... purchase to read more
Industry Report - Industry Locations Chapter
The location of industry establishments reflects state government demand for infrastructure investment structures that give rise to toll road concessions. A precondition for investment in new roads is population growth and increases in the number of motor vehicles. These are factors that are present in almost all capital cities in Australia.
Industry operations exist in three Australia states: New South Wales, Queensland and Victoria. The industry developed in New South Wales, with tolls introduced on Sydney Harbour Tunnel in 1992 followed by the opening of three more toll roads during the 1990s.
Victoria was the next state to adopt the model, with the Burnley and Domain Tunnels in 1999-00 followed by CityLink in 2000-01 and EastLink in 2008-09... purchase to read more