2024 Corporate Report

Business performance

CAV demonstrations on 395 Express Lanes, Greater Washington Area

CAV demonstrations with emergency services

With road freight in Australia expected to increase by around 77% in the next 25 years, 1 this work will help Transurban, industry and governments understand what the future of road freight transport could look like, particularly for safety and congestion, as vehicle and autonomous driving technologies progress over the coming decades. Supporting cyber security efforts SMS scammers continue to target Australians with fake toll road payment messages, impersonating Linkt, Transurban and other road operators. Working with the National Anti-Scam Centre, Transurban used Scams Awareness Week as an opportunity to continue raising awareness and to help educate Linkt customers and the wider community, about how to spot, report and avoid scams. We also provided feedback on the Australian Government’s proposed Scams Code Framework, highlighting the important role the private sector plays in combatting scams. In addition, we were pleased to provide feedback on proposed changes to the Federal Government’s 2023–2030 Australian Cyber Security Strategy. Our feedback focused on the collaboration required between industry and government to ensure Australia’s national cyber defences are robust and resilient.

Political contributions Transurban Group does not make political donations or contributions of any nature to any political party, politician, elected official or candidate for public office in Australia. In the United States, payment is permitted for attendance at political fundraising events under certain circumstances. In FY24, USD95,050 was spent in the US to participate in events relevant to our business. All political contributions are disclosed in line with relevant government and regulatory requirements. In Canada, political contributions are prohibited and accordingly none were made.

During 2023, Transurban North America worked closely with government partners to conduct CAV demonstrations on Transurban’s 395 Express Lanes. With a focus on safety, the demonstrations put a CAV through its paces in a series of on-road scenarios designed to challenge the vehicle and ensure its performance keeps everyone safe, both inside and outside the vehicle. Scenarios included first responders attending to a simulated crash scene. This collaborative public safety and consumer technology project was delivered in partnership with Virginia Department of Transportation, Virginia Tech Transportation Institute and Crash Avoidance Metrics Partners, LLC. The demonstrations were funded by a USD7.5 million grant from the US Department of Transportation to support research into automated driving systems. Future mobility In FY24, we announced a partnership with Plus, a global Silicon Valley-based autonomous driving software company. The partnership will build on the success of our first driver assisted truck trial phase on CityLink and the Monash Freeway in 2022, to explore how Plus’ automated driving technology, combined with smart road infrastructure, and specially trained safety drivers could help make trucking safer, more efficient, and more sustainable in Australia.

1 BITRE, 2022, Australian aggregate freight forecasts – 2022 update

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