Transurban Group (ASX:TCL) said it intends to remove administration fees and compensate the New South Wales government for any induced demand from the extension of the AU$60-per-week toll cap initiative in the first half of 2026, according to a Thursday filing with the Australian bourse.
The announcement comes after multiple media reports said that New South Wales Transport Minister John Graham confirmed making the toll cap permanent and introducing the two-way toll on the Sydney Harbour Bridge.