Jun 17, 2010

Trucking rego increase halved

Trucking rego increase halved

The Hon Anthony Albanese MP

The Minister for Infrastructure, Transport

Regional Development and Local Government

Leader of the House

Member for Grayndler

June 17 2010

Parliament has today approved amendments to the Interstate Road Transport Charge Act which will allow the Rudd Labor Government to more than halve the next annual increase in the registration fees paid by the owners of trucks and trailers.

Instead of the 9.7 per cent that would have occurred on 1 July, passage of the amendments will deliver a much smaller increase of 4.2 per cent, saving the trucking industry $116 million a year and leaving around $800 per vehicle in the pockets of operators.

While our legislative action deals only with those trucks and trailers registered under the Federal Interstate Registration Scheme (FIRS), state and territory transport ministers have make similar changes to their registration regimes.

In the years ahead all operators in the trucking industry will also benefit from our decision to more than double the Federal roads budget, an investment that will deliver safer, less congested highways and major arterial roads.