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Showing 81 - 90 of 283 results for "Rail"

Industry welcomes tax cuts and surplus

KARREN VERGARA  |  TUESDAY, 16 APR 2019
... assets," he said. Goodsell said some highlights included the: Western Sydney Airport ($5.3bn); Melbourne-to-Brisbane inland rail ($9bn); Melbourne-to-Geelong Fast Rail ($2bn); and Gateway Motorway Extension in Brisbane ($0.8bn).

In a nutshell: Federal Budget 2019

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2019
... Urban Congestion Fund and a $500 million Commuter Car Park Fund. A further $2 billion will go towards development of a fast-rail between Melbourne and Geelong. About $1.4 billion will go towards Snowy 2.0; $2.2 billion for safer roads; $1 billion for ...

Infrastructure gets $100 billion

KANIKA SOOD  |  TUESDAY, 2 APR 2019
... last year's Budget commitment to spend $75 billion over 10 years in the area. "This includes $2 billion to help deliver fast rail from Geelong to Melbourne, an increase of $3 billion for the Urban Congestion Fund taking it to $4 billion, a $2.2 billion ...

AXA IM acquires three Sydney hotels

KANIKA SOOD  |  TUESDAY, 26 FEB 2019
... top performing hotels in the city's business district. It is also expected to benefit from the delivery of the new light rail terminal immediately opposite the hotel's entrance in early 2019. Its strategic location in the heart of the CBD also provides ...

Australian Ethical adds operations lead

JAMIE WILLIAMSON  |  WEDNESDAY, 23 JAN 2019
The former head of IT at an $11 billion industry super fund is the new chief operating officer at Australian Ethical. Replacing Rob Plow, Kim Heng will be responsible for managing all product and operational activities at the ethical investment and ...

IFM Investors chair lays out priorities

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
... deliver returns to super members but also help the economy and the society." As an example, Combet cited the Melbourne Airport rail link from Southern Cross station in which IFM Investors put up $5 billion as a part of a consortium whose other members ...

IFM bids to build Melbourne Airport rail link

HARRISON WORLEY  |  THURSDAY, 20 SEP 2018
IFM Investors is part of a consortium seeking to fund and develop the long-awaited Melbourne Airport rail link. The $112 billion institutional fund manager partnered with Melbourne Airport, Metro Trains Australia and Southern Cross Station to form AirRail ...

Infrastructure receives $24.5 billion injection

KANIKA SOOD  |  WEDNESDAY, 9 MAY 2018
... billion towards an urban congestion fund, $3.5 billion for roads of strategic importance, $5 billion for the Melbourne Airport Rail Link, and $1.75 billion for the North-Eastern link in Victoria. Perpetual Private sees opportunity for investors in the ...

Royal Commission bad for super: Switzer

ALEX BURKE, JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
Switzer Group founder Peter Switzer argued that the Royal Commission is a "super-killing blood-sport" that will ultimately hurt super member balances. Writing in a Switzer Daily column, Switzer said he had mixed feelings about the Commission, arguing ...

RARE wins mandate from $182bn US manager

ALEX BURKE  |  WEDNESDAY, 11 APR 2018
... infrastructure assets across multiple industry sectors including gas, electricity and water utilities, toll-roads, airports, rail and communications. By becoming a part of Principal's multi-manager suite, RARE joins other global managers including BlackRock ...