$287.9 million worth of fines were tipped into state coffers last year. Source: HWT Image Library
SPEED and red-light cameras are pouring almost $550 a minute into state coffers.
The Herald Sun can reveal Victorians copped almost 1.4 million traffic camera fines worth $287.9 million last year, up $38.3 million on the previous year.
While the number of fines increased by 5 per cent, the revenue shot up by 15 per cent.
Reactivating cameras at Keilor Park Drive on the Western Ring Rd and on the Hume Freeway, plus extra cameras on CityLink, proved major earners.
The most profitable speed camera last year was across a lane of the Western Ring Rd at Keilor Park Drive.
It reaped $14.7 million from 71,224 fines.
The top earning red-light camera was at the intersection of Cemetery Rd West and Royal Parade, Parkville. It issued 6412 fines worth about $2 million.
Exceeding the speed limit by less than 10km/h carries a $176 fine and a demerit point. Failing to stop at a red light carries a $352 fine and three demerit points.
Police Minister Kim Wells said all money collected from speed camera and on-the-spot fines was reinvested in road improvements.
"There is undeniable evidence that cameras save lives by reducing speeds and cutting road trauma," Mr Wells said.
"If you speed, you are endangering your life and the lives of those around you. That is simply unacceptable."
Earlier this month the State Government said it would "increase our use of automated speed enforcement, including point-to-point, mobile, speed and red-light camera system" in its road safety strategy.
Six speed cameras are being installed on the new 27km Peninsula Link from Carrum Downs to Mt Martha.
Traffic camera fines from October to December last year will be published on the Department of Justice's site camerassavelives.vic.gov.au today.
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