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Public transport

November

Major train network to grind to a halt in pay stand-off

A train network used daily by more than one million people in Sydney could be out of action for days because of industrial action, throwing the transport system into chaos.

  • Luke Costin

October

A prototype Glydcar autonomous vehicle at Glydways’ testing facility in Concord, California.

Ride-sharing robopods are the future of cities

Self-driving, on-demand cars could change the way we move around cities and dramatically increase throughput of congested streets.

  • Vinod Khosla
Spirit of Tasmania IV has been built in Finland but will have nowhere to berth when it arrives in Tasmania

Tasmania ferry failures ‘farcical and embarrassing’

Tourists planning to pop their caravans on a big new ship to Tasmania and holiday around the Apple Isle could be stuck on the mainland after state’s “diabolical failure” to build a berth to handle new vessels.

  • Jenny Wiggins
Elon Musk at the robotaxi event “We, Robot”.

Why Elon Musk’s robotaxis will have to share the road – or disappear

The day after Tesla revealed its driverless Cybercab, the company’s stock dropped 9 per cent. Seismic shifts in transportation happen slowly.

  • Tim Rossanis
Kinetic CEO Michael Seward.

Bids delayed for Kinetic’s $4b auction; buy-side work in short supply

Street Talk’s tally on Sunday revealed no suitor has signed a buy-side mandate yet – an unusual if not unheard of move – ahead of non-binding indicative bids.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
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September

OPTrust is best known in Australia as owner of the SkyBus, which is held as part of its Kinetic transport business.

OPTrust’s bus operator Kinetic juices up forecasts for $4b-plus sale

The business’ geographical expanse – it owns Melbourne’s SkyBus as well as London’s red double-deckers – has befuddled investors and sparked expectations of a breakup.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

Australia’s grand new transport hubs lure top restaurants and bars

Sophisticated drinking and dining is now just a ferry or a train-ride away as an explosion of new openings mark the completion of major infrastructure projects.

  • Necia Wilden

August

Uber acquired Car Next Door to start a local Car sharing business in 2022, but will now close it down.

Uber scraps $105m Aussie car-sharing division

Uber will shut down its Carshare business, bringing the end to an Australian experiment it began in 2022 with the $105 million acquisition of Car Next Door.

  • Paul Smith

July

The one-bedroom apartment with no car park at 29 Lander Street in inner-southern Sydney’s Darlington sold for $995,000.

One-bed unit, no car park – the price? Almost $1m

There were not many takers for this nice, but expensive, property. But one buyer valued it differently – and was prepared to pay for that.

  • Michael Bleby

June

From 40 red buses in Melbourne to $400m a year and a $4b payday

Bus company Kinetic is one of Australia’s unheralded success stories. In an industry full of family operators, no one has cracked it like Kinetic’s crew.

  • Anthony Macdonald

May

Queensland train patronage numbers trail most major cities.

Fifty cents for Qld trains, buses – but they’re still ‘old and slow’

The Queensland Labor government’s slashing of public transport costs has been welcomed, but an advocacy warned of major network issues failing passengers.

  • James Hall
Queensland Premier Steven Miles announcing all bus and train fares would be 50¢ for six months, and possibly longer.

Miles’ 50¢ fares unlikely to save Queensland Labor

Queensland Labor’s $150 million pre-election cash splash follows a $1000 power bill rebate, but experts say most voters have already made up their minds.

  • Gus McCubbing and Ronald Mizen
The Kinetic Group owns bus and rail transport across the world.

Macquarie readies sale of $450m-a-year Kinetic; seeks 10x multiple

Kinetic recently ruled off a $1.6 billion refinancing which Macquarie reckons puts it in a position to accelerate the decarbonisation of its fleet.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

April

Queensland Premier Steven Miles said the rates represent prevailing enterprise agreement rates in the industry.

More Queensland construction workers to get at least $200k a year

Civil contractors say the Queensland Labor government has “created a monster” with its civil project conditions that are lifting costs for everyone.

  • David Marin-Guzman
Kinetic co-CEO Michael Sewards.

OPTrust’s Kinetic secures $1.6b refinancing; 21 lenders tip in

Of note, Kinetic will bid farewell to more expensive, LBO-style debt in lieu of an infrastructure-style deal that would lower the group’s financing costs.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
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March

Defining legacy: Brisbane’s messy path to the Olympics

It will be a long haul to transform the QEII stadium to Olympic standard. That’s just one of the hurdles for Queensland.

  • Updated
  • Zoe Samios, Michael Bleby and Tess Bennett

February

How Denmark is using its design knack to transform trains 

The country is investing almost $3 billion in its new IC5 train fleet. Expect carriages fitted out to give passengers the feeling of “cosy friendliness”.

  • Robert Bevan
Victorian Premier Jacinta Allan says the state cannot afford not to build the controversial $125 billion Suburban Rail Loop given the city’s rapidly growing population.

Federal auditor to probe Labor’s $2.2b Suburban Rail Loop commitment

The auditor-general will examine whether the approval of Commonwealth funding for the $125 billion project was “informed by appropriate departmental advice”.

  • Gus McCubbing

January

Staying active: Two residents in Florida’s Ave Maria ride their quadricycle. So-called ‘Blue Zones’ aim to promote healthy living.

How a hot wellness trend is taking over in real estate

The real estate industry has picked up on the Blue Zone tag created to flag places with healthy lifestyles. But is it any more than a marketing tactic?

  • Jane Margolies
Kinetic co-CEO Michael Sewards.

OPTrust-backed Kinetic hires Macquarie for $4b-plus strategic review

Homegrown bus giant Kinetic Group has taken the first step towards a blockbuster $4 billion deal.

  • Sarah Thompson, Kanika Sood and Emma Rapaport