Article 71HGN $60bn wiped from ASX – as it happened

$60bn wiped from ASX – as it happened

by
Cait Kelly and Nick Visser (earlier)
from World news | The Guardian on (#71HGN)

This blog is now closed

The NSW premier, Chris Minns, says a $60 toll cap for Sydney's roads will be extended beyond its expiry date at the end of this year, and the government is considering two-way tolling on the Harbour Bridge to fund the cap permanently.

The cap, under which drivers claim up to $340 a week back from the government after spending $60 for each registered vehicle, was put in place at the start of 2024, and was due to expire on New Year's Day, 2026.

We're going to keep it. We can't get rid of it. It's a massive cost-of-living relief measure for literally hundreds of thousands of people who live in western Sydney, and without a $60 a week toll cap, they'll be paying full market rates to use toll roads in Sydney. It's hugely, hugely onerous for them.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments