Transurban CEO Scott Charlton doesn’t let a crisis get him down.
compared with the same period in 2019, and only up slightly on a year earlier – with the east coast’s heavy rain and floods deterring drivers in Sydney and Brisbane.
But on Monday, Charlton will tell investors at a briefing in Melbourne that some people are actually driving to work more often now that they are going to the office only three days a week as part of a “permanent shift” in working patterns. Unlike some companies that struggle to pass on cost inflation to customers, most of Transurban’s tolling concessions allow it to automatically pass on increases in the consumer price index in the form of higher tolls.
Charlton attributes the slower recovery in Melbourne to a delayed return of office workers following the city’s lockdowns.
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