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Macquarie Analysts say Sydney Airports are in a strong position regarding the construction of a 2nd airport in Sydney
Macquarie Analysts say Sydney Airports are in a strong position regarding the construction of a 2nd airport in Sydney. The Federal Government has announced the intention of developing Badgerys Creek as Sydney's 2nd airport. The timelines to develop a 2nd airport are long. Whilst the government indicated first planes are not expected before mid 2020's. With first right of refusal and a quasi-regulated return on capital invested, SYD is in a strong position.
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Tom McKay is the Co-Founder and Managing Director of Livewire. Tom's passionate about democratising access to high quality investment ideas and insights, so all investors can make more informed and successful investment decisions.
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