Determines 2002–03 fare increases for CityRail (weighted average of 2.0 per cent), Sydney Buses (1.93 per cent), Sydney Ferries (2.0 per cent) and Newcastle Services (0.46 per cent).
Outlines key issues to be considered in the annual reviews of fares for taxi, private bus and private ferry services in NSW, including quality of service, and social and environmental implications of fare increases.
The Tribunal has now received submissions from the NSW Taxi Council and the Bus and Coach Association.Submissions from other stakeholders are now invited on the fare proposal put forward by the Taxi Council and the Bus and Coach Association.
NSW Government train, bus and ferry fares will rise by a weighted average of around 2 per centfrom July 1, under a determination released today by the Independent Pricing and RegulatoryTribunal (IPART).
Preliminary review in 2001. Extensive review from January 2002 under section 9(1)b of IPART Act 1992. Provides industry background and reviews regulatory framework, approaches to price regulation, fare levels and structure, and service quality.
As required by Section 11(1) of the Independent Pricing and Regulatory Tribunal Act 1992, the Independent Pricing and Regulatory Tribunal has investigated proposals by the State Rail Authority (a standing reference agency in Schedule 1 of the Act)
