Transurban reveals $3.3b West Gate Tunnel blowout in results, as ASX rises on open

Transurban has revealed that Melbourne’s beleaguered West Gate Tunnel project is facing a cost blowout of $3.3 billion and an indeterminate delay, as reporting season kicks off in full swing.

At 10:30am AEST, the ASX 200 was up almost 1 per cent to 7,548.

That continues the share market’s high,…