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flag Sydney's parking crisis strains local economy, with Parramatta losing 2,000 spaces over five years.

flag A recent report highlights that parking in Sydney, Australia, is expensive and scarce, harming the local economy, especially hospitality, retail, and tourism. flag Parramatta has lost about 2,000 parking spaces over five years due to car park closures. flag The New South Wales government does not regulate parking prices in the Sydney CBD but has made changes to parking rules to improve fairness and transparency.

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