The Independent Pricing and Regulatory Tribunal (IPART) is conducting a major review of public transport fares in Sydney and surrounding areas. This Methodology Paper focuses on how we are proposing to determine fares.
IPART OfficesMcKell BuildingLevel 152-24 Rawson PlaceHaymarket NSW 2000
This paper provides a brief overview of our objectives in this review, gives some definitions andexplanations of key concepts, and explains our criteria for assessing the treatment of cost items and inflators in the index
The main purpose of this year’s annual review is to reweight the Taxi Cost Indices (TCIs) so that it resembles the structure of costs faced by the industry as closely as possible.