Melbourne drivers who use CityLink face paying an extra $15,000 a year under the Victorian Government's plans for toll increases on the roadway in coming decades, analysis shows.Transurban was granted a ten-year toll extension on CityLink to 2044-45 to help fund the West Gate Tunnel
Under the deal, Transurban is spending $4 billion to build the West Gate Tunnel, along with a contribution from taxpayers.Labor had refused to say how much the deal would reap for Transurban.Transurban will provide $4 billion of the $6.7 billion cost of the West Gate Tunnel, with the Victorian Government to provide the rest
A requirement for Transurban to be compensated when the state builds other road projects would be scrapped In nominal terms not adjusted for inflation, the report estimates toll revenue from the CityLink extension and new tolls on the West Gate Tunnel would generate $37.3 billion in 2044–45.
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