Rises in Opal Fares expected

Posted by | February 10, 2020 | Community, Lifestyle, News

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Central Coast residents are encouraged to have their say on projected rises in Opal fares, to take effect mid year.

The Independent Pricing and Regulatory Tribunal (IPART) is seeking community views about future Opal fares for the Central Coast and other locations.

IPART is looking at how to best set maximum annual fares to apply from July 2020, with the latest proposal for a maximum annual increase of 5% (about 30 cents) for single trips across all train, bus, light rail, metro and ferry services.

The proposed rise in single trip fares is intended to provide the government with more options to provide discounts to more regular transport users and off-peak fares to bus and light rail services without impacting the sustainability of transport services.

Fare revenue accounts for around a quarter of the cost of providing public transport.

The remainder is funded by taxpayers, the equivalent to $4,900 per household in 2018-19.

Source: https://coastcommunitynews.com.au/central-coast/news/2020/02/rises-in-opal-fares-expected/

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