Right now, the M4 is owned by the people of NSW, and is free to use.
Some time in the next few months, drivers will start paying $4.42 to drive from Church Street to Homebush Bay Drive.
That money isn’t going to the NSW government. It’s going to a company called SMC – Sydney Motorway Corporation.
The government has given the M4 to SMC, for the next 40 years.
SMC will charge drivers up to $8.60 – each way. And this toll will increase by 4% a year. This is twice as fast as wages are rising.
You’ll never see a for-sale sign on the M4.
SMC is government owned, so transferring control of the M4 to SMC doesn’t count as selling the M4.
All you’ll see SMC is being sold. But SMC has control of the M4.
So when SMC goes, the M4 goes with it.
If you don’t think this is a good idea, Stuart Ayres is the Minister responsible for the M4. There will be a rally at his office tomorrow, Monday the 5th. For more detail, visit https://www.evensi.com/rally-outside-stuart-ayres-office-510-high-st-penrith-nsw/213033174