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Roadside cameras to make $94 million less than Queensland government expectations (www.abc.net.au)

submitted 3 months ago by [email protected] to c/[email protected]

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In short: Queensland has a range of roadside cameras to detect offences such as speeding, mobile phone use, and not wearing a seatbelt.
The government has significantly revised how much it expects to make from cameras with revenue in 2023-24 tipped to fall $94 million short.
What's next? The cameras are now projected to make $409 million in 2023-24, followed by $465.8 million in 2024-25.

Brace yourself for a reduction in tolerance. Government relies on that speed camera income so if there's a shortfall they'll stop dropping the percent tolerances until we hit the 1kph over fines they hand out in Victoria.

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[–] [email protected] 6 points 3 months ago (1 children)

I wonder how much one costs to make, probably not a bad little return on investment

[–] [email protected] 3 points 3 months ago

Can we buy shares in !speed camera revenue? Be a safer investment bet than housing even!