Sets out our draft recommendations on maximum taxi fares and the rationale behind them. Seeks comment on the draft recommendations. Submissions are due by 31 May 2013
This draft report sets out IPART’s draft decisions in setting maximum fares for metropolitan and outer metropolitan bus services from January 2014. We welcome submissions on the draft report. Submissions are due on Friday 25 October.
IPART recommends maximum fares for regular private ferry services in New South Wales under Section 9 of the Independent Pricing and Regulatory Tribunal Act. IPART also determines maximum fares for the Stockton ferry under Section 11 of this act.
We are seeking comment on draft recommendations to continue to leave country fares unchanged from July 2014. High licence values in many areas indicate that there are significant economic rents built into the cost structure in country areas.
We are seeking comment on draft recommendations for the number of annual taxi licences to be released in Sydney in 2014, and the fares to apply in the Sydney Greater metropolitan area from July 2014.
We updated the taxi industry model developed for our 2013 licence review to help us with our analysis for the 2013 fare review.