Australian Government, 2013-14 Budget
Budget

Part 1: Revenue Measures (Continued)

Regional Australia, Local Government, Arts and Sport

Paid parking on National Land in the suburbs of Parkes, Barton, Russell and Acton (ACT)

Revenue ($m)
  2012-13 2013-14 2014-15 2015-16 2016-17
National Capital Authority 22.1 24.3 26.8
National Capital Authority 0.1 0.6 0.6 0.6
National Capital Authority 5.8 3.1

The Government will introduce paid parking to all Australian Government owned car parks on National Land in the ACT suburbs of Parkes, Barton, Russell and Acton from 1 July 2014. This is estimated to generate revenue of $73.3 million over three years and will help alleviate congestion in the area and allow visitors increased access to cultural institutions.

Capital funding of $8.8 million over two years will be provided for the installation of pay parking machines and to upgrade selected carparks.

Funding of $1.9 million over four years will also be provided for operational requirements associated with the introduction of pay parking.

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