Bus fares to rise following IPART determination
The Independent Pricing and Regulatory Tribunal (IPART) has released its final report and determination setting maximum bus fares for the Sydney metropolitan, outer metropolitan, Newcastle, Central Coast, Wollongong, Blue Mountains and Hunter areas.
The determination allows government and private bus operators to increase maximum bus fares by an average of 2.6% in January 2014 and 3.0% each year after that (0.5% above expected inflation in each year).