@ I cant imagine if this situation happen in Indonesia where the
minimum wage is far much lower than the parking expense in Sydney. For
your information, the minimum wage here is around $ 90 and the parking
expense in Sydney is almost $ 800 dollar. However, the expense to park
your car is 10 cents an hour. (by me)
***
SYDNEY is the most expensive city in which to park a car in the Asia-Pacific region and is about to become even more costly as operators move to recoup a 110per cent rise in government levies.
Premium spots at Martin Place in Sydney's CBD will cost more than $70 a day from July 1 - about $20 above the top rate for Melbourne, The Australian reports.
The rise follows an announcement in last November's state mini-budget that the levy paid by companies for every off-street space in the CBD, Milsons Point and North Sydney would rise from $950 to $2000 a year.
The sharp hikes have raised concerns that jobs will be lost and additional strain will be placed on Sydney's already overcrowded public transport system.
Secure Parking co-chief executive Brett Mathews said the tax threatened up to 500 jobs in the industry and thousands more in CBD businesses. He described the increased levy as "ill-conceived" and said it would hit the people who could least afford it -- the early bird customers seeking discount rates.
Assuming 230 working days per year, the increase works out to less than $5 per day. So, I don't see how they can use the increased Government charges as an excuse to increase ho...
Mr Mathews said it was a "cynical tax grab" that would hurt users and destroy businesses such as his.
The Rees government has sought to justify the increase by saying it will pay for commuter carparks at train stations in outlying suburbs.
Paul Stewart, managing director of Interpark, which runs a carpark at the Domain, in the city, said a 25 per cent increase in parking costs was likely and hourly rates would rise by $4.
Yet, he said, operators could not afford to pass on the full costs of the higher levy.
Parking Association of Australian president Larry Schneider said monthly charges were also on the rise interstate, with spaces topping $800 in Perth, and $1400 in Melbourne.
According to last year's Colliers International global CBD parking rates survey, Sydney had the third-most expensive monthly parking rate, at $791 a month.
Only London City, at $1191 a month, and London's West End, at $1160, were more expensive.
Sydney was just ahead of Hong Kong, at $758 a month.
***
SYDNEY is the most expensive city in which to park a car in the Asia-Pacific region and is about to become even more costly as operators move to recoup a 110per cent rise in government levies.
Premium spots at Martin Place in Sydney's CBD will cost more than $70 a day from July 1 - about $20 above the top rate for Melbourne, The Australian reports.
The rise follows an announcement in last November's state mini-budget that the levy paid by companies for every off-street space in the CBD, Milsons Point and North Sydney would rise from $950 to $2000 a year.
The sharp hikes have raised concerns that jobs will be lost and additional strain will be placed on Sydney's already overcrowded public transport system.
Secure Parking co-chief executive Brett Mathews said the tax threatened up to 500 jobs in the industry and thousands more in CBD businesses. He described the increased levy as "ill-conceived" and said it would hit the people who could least afford it -- the early bird customers seeking discount rates.
Assuming 230 working days per year, the increase works out to less than $5 per day. So, I don't see how they can use the increased Government charges as an excuse to increase ho...
Mr Mathews said it was a "cynical tax grab" that would hurt users and destroy businesses such as his.
The Rees government has sought to justify the increase by saying it will pay for commuter carparks at train stations in outlying suburbs.
Paul Stewart, managing director of Interpark, which runs a carpark at the Domain, in the city, said a 25 per cent increase in parking costs was likely and hourly rates would rise by $4.
Yet, he said, operators could not afford to pass on the full costs of the higher levy.
Parking Association of Australian president Larry Schneider said monthly charges were also on the rise interstate, with spaces topping $800 in Perth, and $1400 in Melbourne.
According to last year's Colliers International global CBD parking rates survey, Sydney had the third-most expensive monthly parking rate, at $791 a month.
Only London City, at $1191 a month, and London's West End, at $1160, were more expensive.
Sydney was just ahead of Hong Kong, at $758 a month.
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