Bus & Train Fares Could Rise By 7% After Latest Review
After receiving our GST vouchers this year, the government surprised us with news about higher electricity bills.
So while they sometimes giveth, they sometimes also taketh – though not without good reason – and this time, it comes in the form of increased public transport fares.
The latest fare review exercise by the Public Transport Council (PTC) on Tuesday (3 Sep) pointed at the possibility that fares could increase by the start of next year.
Highest bus & train fare increase in recent years
The projected increase is largely due to the rise in energy prices.
But the PTC also takes into account average wage and inflation, which have increased over the past year, meaning that transport fares have, all things considered, become more affordable for citizens.
To match these changes, public transport fares will likely increase by up to 7 percent or 10 cents, after the final quarter review.
For commuters, this could translate to higher fares beginning January 2020.
Increase uncertain as review continues
Since the annual fare review has only just begun, these numbers are only tentative.
Public transport operators have until 23 Sep to submit their fare applications so the PTC can conduct a more comprehensive analysis.
Commuters’ and stakeholders’ opinions also matter, and will be considered in the review of fare affordability.
Higher fares necessary for sustainability
Before you start complaining, perhaps it’s best to think about where our transport fares go.
According to the PTC, these funds contribute towards sustaining our public transport system, and keeping government subsidies in check.
So we’re basically paying for more efficient services which we all can enjoy every day. That sounds pretty fair, don’t you think?
Featured image adapted from Industry Daily Observer.