Road pricing and transport planning in Victoria - a market perspective

Road pricing in general and toll roads in particular offer some promise for dealing with emerging transport problems in Victoria. The main problem areas include: rising travel demands; increasing urban traffic congestion and pollution; and declining government sector fiscal outlays. These problems are described, explained and discussed. Options for dealing with the problems are canvassed, and the case for road pricing as a promising option is put forward. The applicability and difficulty of area pricing and toll roads as particular forms of road pricing are described, with particular reference to: financial market perceptions and behaviour; the technical possibilities of electronic road pricing; the possibilities of joint government - private sector involvement in transport infrastructure funding; and the possible impact of toll roads on travel demand patterns and public transport patronage. It is concluded that road pricing in general will have a place in transport planning in Victoria, notwithstanding sometimes conflicting policy objectives.

Language

  • English

Media Info

  • Pagination: 56-70 (Wednesday)
  • Monograph Title: ASPAC 92: IRF/ARF Asia Regional Pacific Road Conference, 1992, Gold Coast, Queensland, Australia

Subject/Index Terms

Filing Info

  • Accession Number: 01433190
  • Record Type: Publication
  • Source Agency: ARRB
  • Files: ATRI
  • Created Date: Aug 24 2012 5:29PM