What is a stapled security?
A stapled security is a security that is made up of one unit in BrisConnections Investment Trust and one unit in BrisConnections Holding Trust (together referred to as BrisConnections). Because they are stapled together you cannot trade one without the other. In the case of listed securities, they are jointly quoted on ASX as "stapled securities". BrisConnections investors hold one BrisConnections Investment Trust unit and one BrisConnections Holding Trust unit "stapled" together and jointly quoted on the ASX under the code "BCSCA".

Alternatively, you can elect to receive distributions from BrisConnections by direct payment to your bank, building society or credit union.

Forms to make these elections are available from the BrisConnections website or our registry Link Market Services at www.linkmarketservices.com.au. 

What is the DRP?
The Distribution Reinvestment Plan (“DRP”) allows investors to reinvest their distribution payments by subscribing for additional stapled securities under the DRP, in lieu of receiving a cash distribution.

If you are dissatisfied with the response from BrisConnections, you can raise the complaint directly with the Financial Ombudsman Service at:
Financial Ombudsman Service
GPO Box 3
Melbourne Vic 3001
Telephone: 1300 780 808
Fax: (613) 9613 6399
Website: www.fos.org.au
Email: info@fos.org.au

How can I give notification of my Tax File Number (TFN)?
Advice of TFNs can be made over the phone or in writing to the Link Market Services. You may choose not to provide your TFN, but if you are an Australian tax resident individual and you do not provide your TFN, distributions you receive that are assessable income will have income tax deducted from them at the highest marginal rate.

How can I choose to receive or no longer receive the Annual Report?
You can request to be sent the Annual Report, in either electronic or hard copy, by writing to Link Market Services or completing the annual report election form on our website and sending it to Link Market Services.  If you do not request to be sent a copy of the Annual Report, you will receive notification when it is made available on the BrisConnections website.

What is my SRN or HIN?
SRN Shareholder Reference Number for Issuer Sponsored holdings.
HIN Holder Identification Number for Broker Sponsored holdings.

These can be found on your latest holding statement.

What is the difference between Issuer Sponsored and Broker Sponsored?
Issuer Sponsored An Issuer Sponsored holding is maintained by the issuer of your stapled securities,   BrisConnections, via the registry. Issuer sponsored securities can be traded through any broker to whom you have given permission to access your holding for the purposes of buying or selling securities. Issuer Sponsored holdings are allocated a Shareholder Reference Number (SRN) prefixed by an 'I' and can be found on your holding statement.
Broker Sponsored Broker Sponsored holdings are allocated a Holder Identification Number (HIN). Your SRN will then become your HIN prefixed by an 'X'.

What is required if a holder dies?
When a holder dies, their assets form part of their estate. The administration of an estate can be complex, time consuming and sometimes distressing. BrisConnections’ registry, Link Market Services, has created a range of services for assistance when dealing with an estate.

Can I transfer my stapled securities to another person?
Yes, you can transfer your stapled securities to another person by off-market transfer. Simply contact Link Market Services to have the appropriate forms mailed to you.

Management

Who manages BrisConnections?
BrisConnections Management Company Limited (“BCMCL”) acts as the responsible entity of the BrisConnections Unit Trusts.  BCMCL is a public company and holds an Australian Financial Services Licence issued by the Australian Securities and Investment Commission to act as responsible entity of BrisConnections. 

BCMCL has entered into a services agreement so that its management services are provided by BrisConnections Operations Pty Limited, a subsidiary of BrisConnections, in consideration of a rebate on the management fee.  This agreement does not, however, relieve BCMCL from its obligations as responsible entity under the Corporations Act.

What are the ongoing fees and expenses?
BCMCL is entitled to an annual management fee of $1.35 million (subject to CPI adjustment) as responsible entity of the BrisConnections Unit Trusts.  In addition, BCMCL is entitled to be re-imbursed for costs and expenses incurred in the proper performance of its duties as responsible entity.  Pursuant to the services agreement between BCMCL and BrisConnections Operations Pty Limited, a rebate of approximately 60% of the management fee is retained by BrisConnections.

About the Project

What is the Project?

Airport Link will be a 6.7 kilometre multi-lane electronic free-flow tollroad with dual 5.7 kilometre tunnels located in Brisbane, Queensland providing a link:
• between northern suburbs and Brisbane CBD;
• to one of Australia’s fastest growing airports – Brisbane Airport; and
• to Australia Trade Coast, Australia’s fastest growing industrial and trade precinct.

BrisConnections has been awarded by the State of Queensland the concession to design, construct, operate, maintain and finance Airport Link for 45 years. 

The project also includes the design and construction of the Windsor to Kedron section of the Northern Busway and the construction of the Airport Roundabout Upgrade, an upgrade to the roundabout at the East-West Arterial / Airport Drive / Gateway Motorway interchange.

Why do we need Airport Link?
Brisbane is currently suffering from critical transport capacity constraints.

Airport Link will be the first major motorway linking Brisbane’s CBD to the northern suburbs, the Brisbane Domestic and International Airports and Australia Trade Coast area. It is a multi destinational motorway which will address serious traffic issues affecting the Brisbane areas in North, East and West.

Why are there three projects? What are they?
The State has awarded BrisConnections the concession to design, construct, operate, maintain and finance Airport Link, as well as two further contracts, for the construction of the Northern Busway (Windsor to Kedron) and the Airport Roundabout Upgrade. These two projects will be handed back to the State on completion and are funded by the State.

The reason all projects were combined is to ensure minimal impact on the community and the environment.

Thiess John Holland, an unincorporated joint venture between Thiess Pty Ltd and John Holland Pty Ltd, has been awarded the contract to design and construct the projects.

How many employees will there be on the Project?
During the design and construction of the project the number of people involved in the Project will be around 10,000.

Where are the site offices?
Site offices will be located in Bowen Hills, Kedron, Toombul, Windsor and Airport Drive.

How are the tunnels being constructed?
There will be 5.7km of twin tunnels.  Two 12.48m Herrenknect TBMs will be used and at least 11 road headers.

When will the construction be completed?
Construction is anticipated to be completed in 2012.  Click here for more construction information.

Tolling and Operations

What is the toll price?
Tolls have been set at 2006 dollar prices and will be indexed in line with Brisbane CPI.  The tolls for cars, applicable in 2006 dollars, are
• Tollable Section 1 (any journey between Bowen Hills and Kedron)       $4.00
• Tollable Section 2 (any journey between Bowen Hills and Toombul)     $4.00
• Tollable Section 3 (any journey between Kedron and Toombul)            $3.00

Where does the road go?
Refer to the journey planner on the website.

What are the travel time savings?
Airport Link is expected to provide a 50% reduction in peak period 2012 travel times, based on travel time savings provided by Arup.  The road will avoid up to 17 sets of traffic lights.