Sydney Ferries service being operated on the Parramatta River by PS "Surprise" from 1831. Cross-harbour services began in 1842 and this business grew to such an extent that a public company was formed, the North Shore Steam Ferry Co. Ltd. in 1878. In 1900, the North Shore company was reincorporated as Sydney Ferries Limited (SFL), which progressively took over most other harbour ferry services (except notably the Manly service operated by the Port Jackson & Manly Steamship Company), and became the world's largest ferry operator by fleet size. After the Sydney Harbour Bridge opened in March 1932, SFL patronage dropped almost overnight,
Sydney Harbour Bridge of its construction. This cost was recovered in the 1980s, but the toll has been kept (indeed increased) by the state government's Roads and Traffic Authority to recoup the costs of the Sydney Harbour Tunnel. After the decision to build the Sydney Harbour Tunnel was made in the early 1980s, the toll was increased (from 20 cents to $1, then to $1.50, and finally to $2 by the time the tunnel opened) to pay for its construction. The tunnel also had an initial toll of $2 southbound. After the increase to $1, the concrete barrier on the bridge separating the