New Fares Order Approved
Source: Tasmania. Minister for Infrastructure. Media Release
"The Minister for Infrastructure, Graeme Sturges said he had made a new fares order following Cabinet consideration of the final report of the Government Prices Oversight Commission 2009 Investigation into Metro Pricing Policies. Mr Sturges said that over the next five years, Metro would be permitted to gradually increase single ticket fares for adult non-concession passengers. "This new fares order will enable Metro to make appropriate decisions regarding the fares it sets for urban services to ensure it best positioned to continue providing sustainable public transport into the future. Metro fares remain significantly below the actual cost of delivering metropolitan bus services. The State Government currently provides about 70% of the funding required for Metro to deliver urban bus services in Hobart, Launceston and Burnie – amounting to about $29.5 million a year. This funding supports adult and student concession fares, and offsets the cost of delivering passenger services.”