Sydney commuters can expect a price hike by at least 3 per cent on buses, ferries, trains and light rail from next month. The price hike, while less than the current rate of inflation, is twice the size of it’s 1.5 per cent increase last year. The hike in transport fares kicks in on July 4.
A $50 weekly cap will be set for adults with a $25 cap for young people and concession holders. The daily cap of $2.50 will remain in place for Gold Senior and Pensioner Opal cardholders.
However, Transport for NSW Chief Operations Officer Howard Collins insists that fare hikes have been “kept to a minimum.”
“For the vast majority of our customers these fare changes will mean an increase of less than $1 a week,” Mr Collins said.
“Any impact on heavy public transport users and pensioners will be further alleviated by the Opal weekly cap and the Gold Senior/Pensioner Opal daily cap, which will be maintained at current prices.”
Labor’s transport spokeswoman Jo Haylen said the increase in transport fares was a setback for struggling commuters.
“The cost of everything is going up and real wages are going backwards – now is the worst possible time to hit passengers with a fare increase,” she said on Wednesday.
Follow Transport for NSW for regular updates.