COMMUTERS TO BENEFIT FROM FARE FREEZE

Written on the 5 January 2015

COMMUTERS TO BENEFIT FROM FARE FREEZE

COMMUTERS will dodge an annual public transport fee hike, after the state government announced it will freeze fares across Queensland in 2015.

The decision to scrap the 2.5 per cent increase due this month combined with last year's fare cut is expected to save passengers hundreds of dollars a year.

A regular weekday passenger travelling to work from the Gold Coast to Brisbane will save $433 annually.

Transport Minister Scott Emerson says the carbon tax savings reinvested into public transport will ensure fares are kept as low as possible.

"This year's fare freeze, on top of last year's five per cent fare reduction, is part of our strong plan to improve the frequency, reliability and affordability of the public transport network," Emerson says.

"In regional Queensland, a regular weekday passenger in Townsville, for example, travelling four zones from Stockland Shopping Centre to Townsville City will save up to $176 a year."


Latest News

APOLLO REVS UP ITS RESULTS

APOLLO Tourism & Leisure (ASX: ATL) has hit its profit forecast in its maiden result as a publicly traded company...

JASMINE YARBROUGH AND TAMIE INGHAM TAKE MARA & MINE TO HOLLYWOOD

MARA & MINE entrepreneurs Jasmine Yarbrough and Tamie Ingham (pictured left and right respectively) slipped in...

HUGE PROFIT SPIKE FOR HELLOWORLD HEALS MERGER WOUNDS

HELLOWORLD (ASX: HLO) gripped the share market this morning after its announcement of a whopping 880 per cent increas...

PROFIT DROP AT SERVCORP

SERVICED office company Servcorp has seen its profit fall, citing New York City, Singapore and Saudi Arabia as the pr...

Related News

WHY EMPLOYEE-OWNED COMPANIES ARE BEATING ASX200 SHARE PRICES

EMPLOYEE-owned companies command a higher share price than their publicly listed peers, reaping a 17 per cent prem...

RISE OF THE MACHINES HAS WORKERS SWEATING

UP TO 3.8 million Australian workers are fearful their job may soon be terminated by a robot, a new survey has shown....

LESS TALK, MORE SMALL BUSINESS ACTION IN 2017

THE future growth and prosperity of Australian SMEs could be undermined if governments lose sight of the sector...

TEST DRIVE A POST GRAD AT BOND

THERE'S only one way to really move your career into the fast lane, says Bond University, and 'test driving...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter