The Australian Government Productivity Commission publicly released the report “Shifting the Dial: 5 year productivity review” on 24 October 2017.
This is the first document of its kind for the Productivity Commission — a look out across the landscape of factors and influences that may affect Australia’s economic performance over the medium term, in order to offer advice on where our priorities should lie if we are to enhance national welfare.
In the context of better functioning towns and cities, the report makes the following road reform recommendations:
4.3 – ESTABLISH ROAD FUNDS – State and Territory Governments should establish Road Funds to hypothecate road-related revenues to expenditures. Initially designing Road Funds on the basis of heavy vehicle
revenues and expenditures will help to sequence heavy vehicle and broader road transport market reform objectives and facilitate compositional shifts to new road funding sources over time.
4.4 – ROAD USER CHARGING PILOTS – To communicate the need for road funding reform to the community, State and Territory
Governments should consider the use of road user charging pilot programs, as has been
successful in overseas jurisdictions.
Click here to read the full report.