How the VicRoads joint venture will impact Victorian drivers
A consortium has agreed to pay $7.9 billion to enter a joint venture with the Victorian government to partly operate VicRoads for the next 40 years. Here’s how it may impact you.
Novice drivers will soon be able to complete their online Probationary and Learner tests for free, with safe drivers also getting a 25 per cent discount off the cost of their license renewal as part of a $7.9 billion deal with the State government.
As outlined in the deal announced on June 30, a consortium will operate the Registration and Licensing (R&L) and Custom Plates (CP) arms of VicRoads for the next 40 years. However, the State government will retain control of drivers’ data and privacy, pricing regulation of fees and services, and all regulation and policy changes.
“RACV is supportive of measures announced today that will see reduced licensing and online testing costs and reward safe driver behaviour,” said RACV Head of Policy, James Williams.
“The reintroduction of a 25 per cent licence renewal discount for safe drivers in Victoria is welcomed by the RACV. Road safety improves when all drivers travel safely and an incentive such as this helps reduce road trauma and keeps Victorians safe.”
VicRoads’ R&L division is responsible for licensing more than five million drivers across Victoria, along with maintaining the registration of more than six million cars, motorbikes, commercial vehicles and trailers.