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Authors

Peter Murray

Publication Date

Winter 8-1-2012

Abstract

Congestion pricing for roads has the potential to deliver significant benefits to Australia’s economy. The three tiered toll introduced on to the Sydney Harbour Bridge and Tunnel in 2009 represents a limited first step in testing the benefits of congestion pricing, and whilst this is a step in the right direction, Australia is still lagging behind international best practice. The purpose of this paper is to examine some of the initiatives being undertaken internationally and to illustrate how road pricing by time-of-day can:

• Constructively modify travel behaviours,
• Improve traffic management outcomes, and;
• Generate significant economic benefits.

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