Having shed its construction unit, Transfield Holdings now comprising a key group of personnel, about 35 in total, was free of debt, cashed up ready to embark on a new future. The company's interests still ranged across a diverse portfolio of businesses: infrastructure, with its part ownership of the Sydney Harbour Tunnel, Airtrain and AirportLink Co; services, through its listed vehicle Transfield Services Ltd.; defence, through ADI, and property, with its joint venture at Walsh Bay and in Perisher Blue, Australia's biggest ski resort.
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