Grant Luhrs, said 60 per cent of the 550 vehicles that attend the annual grey nomad festival are caravans. 

“Anything that makes it easier to become grey nomads and come to the festival, well we welcome that,” he said. 

“It’s become a rite of passage that once you hit retirement, grab the caravan sell the house and decide whether to travel Australia clockwise or anticlockwise.”

Mr Luhrs said that for anyone who contemplates life on the road, it can be expensive. 

“If registration is reduced it means more disposable income,” he said. 

“That means they can sustain their lifestyle in a better way and longer way.” 

John Nicholson, the owner of Cootamundra Caravan Park, said the reduction in costs would benefit caravan fans and the places they visit, and would encourage more Australians to get on the road.

“The bulk of travelers are retirees and don’t have a lot of disposable income,” he said. 

“It’s good to see them getting out on the road instead of staying at home and this will make it more affordable for them.” 

Mr Nicholson said there was a rise in people travelling in caravans to see Australia. 

“Since we opened four years ago, we have seen a steady increase in patronage,” he said. 

Grey nomads, families and adventurers will benefit from a 40 per cent reduction in registering their caravans and camper trailers. 

Treasurer Dominic Perrottet and Minister for Roads, Maritime and Freight Melinda Pavey announced a significant reduction in the motor vehicle tax for private caravan owners, which will come into effect from November 1.

“The motor vehicle tax reduction for private users is part of a suite of measures being introduced by the NSW Government to deliver savings to consumers, including the Toll Relief package, the $100 Active Kids rebate and the Green Slip refunds,” Mr Perrottet said.

Minister for Roads, Maritime and Freight Melinda Pavey said the government had recognised the need to reduce costs associated with these popular vehicles. 

“The change will apply to towed caravans and purpose-built camper trailers weighing up to 4.5 tonnes, putting a saving of up to $471 back into the pockets of hard working families across the state,” she said. 

Towed caravans and purpose-built camper trailers that are privately registered will be eligible for the 40 per cent reduction in motor vehicle tax. 

Customers will still be required to pay the standard NSW registration fees, which includes the annual fee of $65.