It’s been an interminable six years since Maxsted told Transurban’s 2016 annual meeting he’d look to step down before 2019.
Its imminence had been apparent since the previous Saturday, whenpublished a soaring valedictory profile of Maxsted, virtually canonising the Transurban board for deciding in March 2020 to temporarily waive the tolls of 31,000 pandemic-affected motorists .Hilariously, this agonising decision took the directors three full days of argument to reach.
And yet silly old Maxsted went to bed that night in his Superman pyjamas. “It was just a wonderful resolution of a dilemma that didn’t seem to have a solution at the start,” he marvelled.We sincerely doubt that road users paying $7.92 to use the Eastern Distributor as their personal income fell to zero felt that it was wonderful., meanwhile, finds it “very disappointing” the way Transurban is portrayed in the media.
As if their lavish financial rewards aren’t enough, they also want to be heroes for it. They expect us to nod reverently as they graft some bogus virtue onto yet another rapacious commercial decision, yet another programmed tranche of relentless gouging they have a legal franchise to inflict. It is so galling, but so hilarious.It’s been an interminable six years since Maxsted told Transurban’s 2016 annual meeting he would look to step down before 2019. No such luck.
This was all long after Maxsted had exclaimed: “What’s this about a royal commission or there’s a huge problem in banks? There’s no culture problem in banks.” The man has always been comically aloof.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AustralianSuper raises fees after infrastructure shopping spreeAustralianSuper’s got a little stamp duty hangover from its towers and tolls shopping spree last year.
Read more »
Holgate back in Canberra with skills warningToll Global Express Group chief executive Christine Holgate says Australia is facing a “dire shortage” of skilled labour.
Read more »
Overland Telegraph Line remembered as great engineering feat with painful history on 150th anniversaryAt the time, a wire through the centre of Australia was touted as one of the country's greatest accomplishments. But for First Nations people, it took a gruelling toll.
Read more »
Rose Bay’s $45 million trophy home Villa Florida subject to demolition DACoverforce’s Jim Angelis lodges $18 million plans in Rose Bay; Transurban chief Scott Charlton sells his Castlecrag home for $23.5 million; and former NAB chief Cameron Clyne lists his Vaucluse digs.
Read more »
ASX falls 0.2pc on busy day of earningsShare price declines for Blackmores Group and Transurban, which were among companies reporting their results, weighed on the sharemarket on Thursday.
Read more »