Opal fares 2020-2024 - Data sources - February 2020
The Minister for Transport and Infrastructure has referred to IPART the task of determining appropriate maximum fares for classes of opal fares from 1 July 2016 - 30 June 2019.
The NSW Government's Terms of Reference for the review of fares for Newcastle services and private ferries.
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 recommends maximum fares for selected 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.
Terms of reference from the Minister of Transport and Roads to determine appropriate maximum fares for private ferry services from 1 January 2022 to 31 December 2025.
The purpose of this model is to:a) Calculate the annual historical increase in costs faced by drivers and operators of taxis via the urban and country taxi cost index.b) Adjust the index weightings to ensure that the index reflects the costs faced