Although a majority of fares have been frozen until July 2017, since May 2015.
A 2.4 percent increase will be made across the board an no free services after 8 trips as origunally promoted, that launched the Opal Electronic ticketing system
My question is when the CPI decreases, will public train and bus fares decrease in line with the CPI decreases? It doesn't matter which Government is in, you never hear of transport fares decreasing. You hear of transport fares freezing, to lengthen the time of when fares increase. Businesses are saying the more the consumer uses the product or service, the more competitive price.
So with more train and buses public transport users that means less it should be less costs to public transport commuter users.
According to the Australian CPI to March Quarter 2017 is actually increase of 2.1% not 2.4% Click here from ABS figures. So really the fares are being overcharged to us by 0.3%. I don't understand where NSW IPART get their figures from.
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