Government can’t cost a $60 toll cap, expects people to believe it can forecast 40 years accurately

13 November 2023

The Labor Government couldn’t even cost its $60 toll cap correctly, but now expect people to believe it can forecast 40 years of toll road revenue – this is a made up number.

If NSW Treasury and Transport for NSW were so precise why does the NSW Budget change its forecasts every six months?

The Fact is Labor committed to tabling in Parliament the Toll Road contracts – The former Coalition Government disagreed with that approach, but Labor were elected and they should meet their commitment.

If Labor disagree with a user-pay approach why are they still committed to tolling the M6 Stage 1 and Western Harbour Tunnel, which are both Government owned projects they could remove the toll on tomorrow.

ENDS

Background

The M6 Stage 1 and Western Harbour Tunnel are two road projects in delivery by Transport for NSW and 100% owned by the NSW Government.
A decision to toll either project is a policy decision of Government just like the tolling arrangements for the Sydney Harbour Bridge and Tunnel.
Earlier this year the Labor Government increased tolls on the Sydney Harbour Bridge and Tunnel after promising that “Tolls would be cheaper under Labor”.

Labor Commitment to Table Toll Contracts: https://amp.smh.com.au/politics/nsw/nsw-labor-gets-all-clear-to-release-secret-toll-contract-details-if-it-wins-govt-20230322-p5cubl.html

Toll Roads commissioned under each Party

Labor

Liberal

Sydney Harbour Tunnel

Eastern Distributor

Cross City Tunnel

Lane Cove Tunnel

M5 South West

North Connex

West Connex

M6 Stage 1