Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

How to get your share of NSW’s $47m toll road rebate

Published 05/04/2024, 05:13 pm

Eligible drivers are expected to receive an average of $134 back each quarter, with those who travel from Western Sydney tipped to benefit most.

Key points
  • Sydney toll road users can apply for a rebate of their toll spend if they forked out more than $60 in the first three months of 2024
  • 350,000 eTag holders are expected to be eligible to claim a rebate via Service NSW from Tuesday
  • Drivers living in Western Sydney are tipped to benefit the most

Sydney is considered one of the most tolled cities in the world, bringing in half of the toll revenue reported by road operator Transurban in the back half of 2023 – a total of $878 million.

There are 13 toll roads scattered across the Harbourside City, compared to two in Melbourne and six in Greater Brisbane.

Drivers in the city's more affordable western suburbs are said to be worse off than others due to a lack of public transport networks servicing the region.

“We know the toll burden is hitting families who can least afford it most,” NSW premier Chris Minns said on Friday.

“The $60 toll cap is a key part of the NSW Government’s commitment to provide cost-of-living relief to families at a time when they are doing it tough.”

Motorists who spend an average of $200 a week on toll roads can expect to be rebated around $7,280 a year over the two-year program, according to the NSW Government.

How to claim toll road rebate

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

If you’re one of 350,000 eTag holders thought to be eligible for a rebate of travel expenses, you’ll be able to make a claim via Service NSW from Tuesday 9 April.

Motorists can make a claim for a rebate if they’ve spent more than $60 on toll roads during the quarter.

They must also be a NSW resident and hold a personal toll account with a toll road provider.

Those who are also registered for the M5 South-West Cashback Scheme can’t claim expenditure from travel on the M5 South-West toll road.

The scheme also includes a ‘fair use provision’.

Drivers can only make a claim for up to $400 of toll expenditure per week, thus the rebate is limited to a maximum of $340 per week for each tag or licence plate on a toll account.

“When applications open next Tuesday, we want motorists to hit the pedal to the metal and lodge their claim with Service NSW,” NSW minister for customer service and digital government Jihad Dib said.

“We have made the application process simple to use – you can link your toll account to your MyServiceNSW account, view your Toll Tracker and then if eligible, submit your claim.

“It will be even quicker if you have your details like your toll account number and bank account information ready to go.”

Suburbs most impacted by the toll road rebate scheme

Suburbs housing the greatest number of drivers eligible for toll rebates include Kellyville, Baulkham Hills, Greystanes, Marsden Park, and Moorebank, where average rebates are expected to be between $145 and $195 for the quarter.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Meanwhile, the highest average rebates are expected to be realised by residents of Lakemba ($309), Auburn ($266), Bankstown ($235), Rosehill ($232), and Villawood ($227).

"How to get your share of NSW’s $47m toll road rebate" was originally published on Savings.com.au and was republished with permission.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.