The Henry Tax Review is due to report before the end of the Year. One of its inevitable outcomes will be some form of congestion charging for the use of Roads. As electric cars increase the Govt will feel the pinch from decreased petrol taxes. This is ongoing. This revenue has to be found somewhere………………ROAD USE Transponders fitted to all cars and trucks. Charge per km day or night, road and vehicle. Motor Registries become ATO agents.
Meanwhile the toll roads will enjoy INCREASED PATRONAGE because the price differential between the ‘free road’ and the ‘toll road’ is removed
CEU Price at posting:
36.5¢ Sentiment: Hold Disclosure: Held
