Motorists in the South Eastern suburbs who use CityLink will be slugged with an extra $37.3 billion in tolls because of Daniel Andrews’ dud deal with Transurban.
The independent Parliamentary Budget Office has released a report into the West Gate Tunnel Project and CityLink tolls which estimates that the deal struck by the Andrews Labor Government with Transurban will cost motorists an extra $37.3 billion in tolls.
The Parliamentary Budget Office analysis shows that over the life of the agreement signed by Daniel Andrews, daily CityLink commuters will be slugged $87,060 extra in tolls.
This damning report blows the whistle on Daniel Andrews’ dodgy deal.
The analysis by the Parliamentary Budget Office shows that of the $37.3 billion in extra tolls, $26.5 billion will come exclusively from CityLink users or around 71% of the toll revenue boost.
By comparison, the tolling revenue from the new West Gate Tunnel will only make up 29% of the total tolls of this dodgy deal.
In other words, Labor’s deal with Transurban for the West Gate Tunnel project doesn’t stack up.
It is clear from the massive increase in tolls from CityLink users that Daniel Andrews’ deal is a financial dud that Victorian motorists will be forced to pay off for decades.
Comments attributable to Gordon Rich-Phillips MP:
These extra tolls will hurt local motorists in the South Eastern suburbs who use CityLink.
Daniel Andrews’ dud deal will also impact on small and large businesses with greater freight costs that will be passed onto every Victorian consumer.
Transurban profits are clearly more important to Daniel Andrews than the daily costs of living for Victorians.
This is a terrible deal for Victorian motorists but it’s a gold mine for Transurban.
If the Andrews Labor Government has any decency and respect for Victorians, they will immediately release all financial details behind this secret and misleading deal.
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