A study published by Monash University has found that the congestion charge on city car parks in Melbourne has not eased congestion.
The levy, introduced in 2006, applies to 50,000 car spaces in Melbourne and was designed to stop people driving into the city. According to Yahoo, The Victorian Treasurer Kim Wells claims that the levy has already been factored into the state budget and is unlikely to be scrapped in the immediate future.
The treasurer has indicated that whilst the congestion levy will remain in place, the government will focus on how the levy operates.
Our analysis of the way levies work in NSW, WA and VIC indicates that the latter is the only state where revenues are not required to be expended for any specific purpose or to be paid into a specific fund.