No Quarterly CPI adjustment in April 2009
No Quarterly CPI adjustment in April 2009 -Connector Motorways, owner and operator of the Lane Cove Tunnel and Falcon Street Gateway, said there would be no quarterly adjustment to tolls in April 2009.
No Quarterly CPI adjustment in April 2009
Connector Motorways, owner and operator of the Lane Cove Tunnel and Falcon Street Gateway, said there would be no quarterly adjustment to tolls in April 2009.
As a result of the current economic conditions and no increase in December 2008’s Consumer Price Index (CPI), tolls will remain steady at their current levels.
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Current Tolls
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Lane Cove Tunnel – cars
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$2.72
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Lane Cove Tunnel – trucks
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$5.45
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Falcon Street Gateway – cars
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$1.36
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Falcon Street Gateway – trucks
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$2.72
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Passenger vehicles: Height - less than or equal to 2.8m, and length – less than or equal to 12.5m
Heavy vehicles: Height – greater than 2.8m or length – greater than 12.5m
Toll prices include GST and are in accordance with the Project Deed signed by Connector Motorways and the NSW RTA in 2003.
Toll charges for the Lane Cove Tunnel and Falcon Street Gateway are adjusted quarterly in line with the Consumer Price Index.
ENDS
Media contact: Trent Mumford 0412 115 400
