Cross City Tunnel Traffic Toll Income - 16/11/2006 - QWN - NSW ...

Is it a fact that CrossCity Motorway Pty Limited is facing bankruptcy, as it has debts of $580 million? Is it a fact that the Cross City Tunnel is only receiving $85,000 per day in ...

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Australia: Toll Tunnel Goes Bankrupt

The unpopular Cross City Tunnel toll road in New South Wales, Australia has gone into receivership.

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Cross-city Tunnel and Road Closures - 07/03/2006 - QWN - NSW ...

Given that three businesses in Bourke Street have been forced to declare bankruptcy and a further 12 have lost thousands of dollars because of the cross-city tunnel road changes ...

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The Cross-City Tunnel fiasco at John Quiggin

... party financial incompetence is applied (labour has never yet failed to bankrupt ... hasn’t learnt a thing from the sale of Telstra, the failure of the Cross City Tunnel, the ...

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Receiver says tunnel operations continue

Sixteen months after opening Sydney's Cross City Tunnel is in bankruptcy. With traffic of 30k/day - about a third of the 89k projected at financing - the concessionaire Cross City ...

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tunnel | Toll Roads News

The bankrupt Sydney Australia Cross City Tunnel concession is being bought from receivers for $590m (A$700m) paying off the lenders in full and providing a small amount to the ...

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News & Commentary: 2006-12-29

News & Commentary: 2006-12-29 Don't Crash Your Car -- Crash the Whole Tunnel Consortium As we have seen, the Sydney Cross City Tunnel has gone bankrupt, it was unpopular with the ...

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Australia: Second Toll Tunnel Faces Financial Collapse

A previous toll tunnel effort, Sydney's Cross City Tunnel, went bankrupt in 2006. The route spawned controversy since its 2005 opening as the public became outraged at road ...

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ABC Message Board - Four Corners Forums - Messages

... when on behalf of the Greens I put in a submission opposing the Cross City Tunnel I ... As you know 1/3 of Kings Cross businesses went bankrupt last year because of council road ...

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Bell tolls for cash on motorways - National - smh.com.au

... 25 billion in about 18 months on acquiring most of Sydney's private roads, Transurban could also emerge as a possible buyer of the Cross City Tunnel if it were to go bankrupt.

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