Sydney braces for impact of parking levy on July 1

With the NSW State’s increased parking levy due to come into effect from July 1, parking operators in Sydney claim that they will begin closing parking bays from next month, with the 110% tax increase rendering some parking spots economically unsustainable.

Published in the Sydney Morning Herald on June 6, Bay Watch: parking operators’ fury over levy draws on a position paper sent to the Government in response to the impending levy increase.

Of particular interest is the significant likely impact not only on the ongoing viability of the spaces particularly at the southern end of the Sydney CBD and surrounding districts, but also on commuters who rely on more affordable early bird parking rates due to lack of alternative transport options.

Tax grab? Or a measure that will have a tangible impact on the Sydney CBD traffic congestion? Use our ‘comments’ box below to voice your opinion.

View the full article Bay watch: parking operators’ fury over levy.

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