Labor plan on Link compo

Original article by Josh Gordon, Mark Hawthorne
The Age – Page: 6 : 4-Dec-14

The companies contracted to build the East West Link may seek compensation if the new Victorian Government abandons the project. The Australian Labor Party warned before the election that it would stop the toll road. The consortium formed to build the East West Link includes Acciona Infrastructure, Lend Lease, Capella Capital and Bouygues Travaux Publics. The Government may offer them alternative contracts

CORPORATES
LEND LEASE GROUP LIMITED – ASX LLC, LEIGHTON HOLDINGS LIMITED – ASX LEI, BOUYGUES SA, CAPELLA CAPITAL PTY LTD, ACCIONA SA, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, VICTORIA. DEPT OF PREMIER AND CABINET, VICTORIA. DEPT OF TREASURY AND FINANCE

Transurban signs $850m deal to widen CityLink

Original article by Michael Roddan
The Australian – Page: 19 : 7-Oct-14

Scott Charlton, CEO of toll road operator Transurban, has announced a new deal worth $A850m with the Victorian Government. Traffic capacity will be lifted 30% via extra lanes on the Tullamarine Freeway portion of Transurban’s CityLink. There will be a moratorium on toll increases during the construction phase between October 2015 and the start of 2018, to be followed by a rise of 4.5% or the CPI

CORPORATES
TRANSURBAN GROUP LIMITED – ASX TCL, TRANSURBAN CITY LINK LIMITED, HILLS MOTORWAY GROUP LIMITED

Road contract invalid if councils win court case

Original article by Henrietta Cook
The Age – Page: 5 : 11-Sep-14

The Moreland and Yarra councils have launched legal action against Victorian Planning Minister Matthew Guy. The councils want the Supreme Court to review his approval of the East West Link. The Australian Labor Party claims that if the court rules that the approval is invalid, any contract signed by the State Government will be deemed to be "unenforceable"

CORPORATES
MORELAND CITY COUNCIL, YARRA CITY COUNCIL, VICTORIA. DEPT OF TRANSPORT, PLANNING AND LOCAL INFRASTRUCTURE, SUPREME COURT OF VICTORIA, FEDERAL COURT OF AUSTRALIA, AUSTRALIAN LABOR PARTY

Road contract invalid if councils win court case

Original article by Henrietta Cook
The Age – Page: 5 : 11-Sep-14

The Moreland and Yarra councils have launched legal action against Victorian Planning Minister Matthew Guy. The councils want the Supreme Court to review his approval of the East West Link. The Australian Labor Party claims that if the court rules that the approval is invalid, any contract signed by the State Government will be deemed to be "unenforceable"

CORPORATES
MORELAND CITY COUNCIL, YARRA CITY COUNCIL, VICTORIA. DEPT OF TRANSPORT, PLANNING AND LOCAL INFRASTRUCTURE, SUPREME COURT OF VICTORIA, FEDERAL COURT OF AUSTRALIA, AUSTRALIAN LABOR PARTY