This is based on a 1 per cent quarterly increase until 2048 that exceeds the predicted inflation rate.
TWU NSW boss Richard Olsen said it was “nothing short of complete madness”.
The state secretary called on the newly-appointed Metropolitan Roads Minister Natalie Ward to take action in 2022.
“Under this government, increases on our toll roads have become just as much a part of Sydney’s New Year’s ritual as the fireworks on the Harbour Bridge,” Mr Olsen said.
“There’s nothing more urgent for the new Roads Minister than providing relief to owner-drivers and transport operators who are being crippled by these massive toll road costs.
“The numbers don’t lie – if the government doesn’t do something urgently, the cost of using these toll roads will triple within the next 25 years.
“How are truck drivers and other small businesses using these roads supposed to afford those kinds of increases?”
Ms Ward said the NSW government was committed to financially supporting those drivers who choose to use toll roads more often.
“The NSW government is focused on reducing cost of living pressures on NSW households with more than 70 rebates and savings available, including the Toll Relief program and Small Business Fees and Charges Rebate scheme,” Ms Ward said.
“Last financial year almost $70m was paid to more than 200,000 eligible drivers under the Toll Relief scheme which allows regular toll users to claim free rego or half-priced rego.
“That’s in addition to other initiatives including the M5 South-West Cashback scheme and the Small Business Fees and Charges Rebate. This was recently increased from $1500 to $2000 to provide even more relief for regular toll users.
“There are a range of factors that have not been considered by the TWU in comparing today’s prices to speculation across a 30 year period.”
NSW Labor has previously vowed to make toll roads a hot button election issue, with NSW Labor leader Chris Minns this year calling for an end to new tolls on existing roads and deals that would keep toll increases in line with inflation.
Tolls on nine roads increased on January 1.
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