The Tribunal is reviewing the form of regulation. For taxis it has proposed several methodologies and is seeking stakeholder comment.
As part of its 2006 review of taxi fares, the Tribunal decided to review this approach and assess alternative approaches for recommending fare changes.
When people use public transport, they generate benefits for and impose costs on others. The main external benefit of a person taking public transport instead of driving is the avoided cost of congestion on roads.