Business
NSW government selling off remaining WestConnex stake – NEWS.com.au
NSW government selling off remaining WestConnex stake
The NSW government is planning to sell off its remaining stake in the multi-billion-dollar WestConnex motorway, with at least one company already indicating it might take part in the bidding. The government will offer up its 49 per cent stake of the 33km motorway for sale, hoping to be able to reinvest the proceeds into an infrastructure fund.
The government sold a 51 per cent stake to the Sydney Transport Partners consortium in 2018 for $9.26 billion.
One of that consortium’s major partners, Transurban,…
-
Business19 hours agoWarning! These ASX 200 shares were just downgraded
-
Business12 hours agoMacquarie tips 14% upside for this ASX tech stock
-
Business17 hours ago2 monthly payers you’ll want to own in 2025 and beyond
-
Noosa News9 hours agoTwo-time Archibald Prize-winning painter William Robinson has died, aged 89