The independent NSW Tolling Review interim report recommends a complete restructuring of Sydney's tollways, aiming to lower individual motorway tolls. However, drivers will face increased fees on the Harbour Bridge. The report raises concerns about the current toll fee structure and suggests that tolls have not always been set appropriately. It also highlights that toll prices are higher than necessary, toll roads are underutilised, and the current system is fiscally unsustainable.
Individual motorway tolls could be lower across Sydney but drivers would slugged fees both ways on the Harbour Bridge under a recommended "reset" of the city's $123 billion toll burden. The independent NSW Tolling Review interim report, released on Monday, called for a complete restructuring of the city's network of 13 tollways, which cost drivers $2.5 billion a year. It raised numerous concerns about how fees have been structured and set.
"Since tolls have been set administratively rather than by competitive market forces, the likelihood that they have not always been set appropriately becomes a real one," the report says. The report by former competition watchdog chief Professor Allan Fels and economist David Cousins also found the setting of tolls had been influenced by a need to "cover concessionaire's (operators) financing costs" instead of managing traffic. It found toll prices seem higher than necessary, toll roads are being underutilised and are long-term fiscally unsustainabl
Motorway Tolls Sydney Harbour Bridge Tollways Fees Restructuring Report Concerns Toll Prices Underutilised Fiscally Unsustainable
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