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Sydney toll agreements still stuck in coins era

If NSW is serious about rethinking Sydney’s toll roads, you can bet motorists (and voters) will be happy to see it put a bit of heat on Transurban.

Toll-road reform in NSW makes sense. How toll roads are set up dates back to the days when drivers tossed loose change into baskets to get across the Sydney Harbour Bridge or drive down the M2.

Roads were built, financed and sold to the highest bidder in pieces over a few decades. New roads were built to connect to old roads, keeping traffic (and freight) moving more freely and trying to create a network effect.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/sydney-toll-agreements-still-stuck-in-coins-era-20240311-p5fbe3