Transurban Group Stapled Securities (TRAUF) Discusses New South Wales Toll Reform and Traffic Upgrades Transcript

Good morning, everyone, and thank you for joining us for an update on New South Wales toll reform and June traffic. We appreciate we're at the start of reporting season, and we have given you a lot of information at short notice. We're joined today by our CEO, Michelle Jablko; and our CFO, Henry Byrne, who will take you through the presentation that we lodged with the ASX this morning. Today's presentation should take around 15 minutes, and then we'll have plenty of time for questions. So I'll now hand you over to Michelle to get us started. Michelle Jablko CEO, MD & Director Thank you, Craig, and good morning to everyone. I'm very pleased to be speaking with you about New South Wales toll reform. From the outset of this process, the New South Wales government was clear about its objectives, and we've listened. We approach this as a long-term investor in Sydney. And we've worked constructively from day 1 to deliver cost of living relief and system reform for Sydney motorists. We know that agreements that only work for one side simply don't hold, and this one had to work