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Myki Fare Increase 2018

Melbourne / Victoria Transport Discussion

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Myki Fare Increase 2018

Postby JRBUS123 » Fri Dec 29, 2017 9:29 pm

PTV have just released the new myki fares for 2018 (and they will increase from 2017's fares). Details here
https://www.ptv.vic.gov.au/news-and-eve ... -for-2018/

Some areas will get quite a jump. For instance the full fare for zone 1 + 2 will increase from $8.20 to $8.60 (by 40c) which is quite a jump. Some areas though will only have a slight increase such as users on concession in zone 2. It will increase from $1.40 to $1.47 (by 7c).

Kind regards, JRBUS123
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Re: Myki Fare Increase 2018

Postby system improver » Sat Dec 30, 2017 7:09 am

Actually, the percentage increase in the latter (5%) is greater than the increase in the former (4.9%) due to rounding rules.

Generally, there is 4.7% increase in fares, as determined by a decision of the previous Napthine government, being inflation (2.2%) plus 2.5%, although farebox in Victoria still amounts to less than 30% of operating costs.
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Re: Myki Fare Increase 2018

Postby Craig » Sat Dec 30, 2017 7:16 am

Note the weekend cap is also going up, but seems to have been left off the link (political reasons?) - now $6.30 full fare and $3.15 concession (still free for various carers, seniors and pensioners)

Kind Regards


Craig :-)
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Re: Myki Fare Increase 2018

Postby system improver » Sat Dec 30, 2017 8:02 am

Craig wrote:Note the weekend cap is also going up, but seems to have been left off the link (political reasons?) - now $6.30 full fare and $3.15 concession (still free for various carers, seniors and pensioners)

I would have thought that there is positive political mileage in reminding voters of the weekend cap, albeit one that is now 30 cents per day more expensive. I can't think of any comparable city in the world with such cheap weekend fares, maybe others can. Sydney has a $2.60 Sunday cap, but nothing on Saturday. Canberra has a weekend cap ($5.59) but for a lot smaller system. Hobart has a $4.60 weekend cap, but once again for a lot smaller system. Other states charge off peak fares for weekends, but with no cap.
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Re: Myki Fare Increase 2018

Postby Mike M » Sat Dec 30, 2017 10:50 am

I know that these things are never set in concrete but is this the last year of budgeted CPI + 2.5% fare increases?
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Re: Myki Fare Increase 2018

Postby system improver » Sat Dec 30, 2017 3:14 pm

Mike M wrote:I know that these things are never set in concrete but is this the last year of budgeted CPI + 2.5% fare increases?

Then State Liberal Party Treasurer Michael O'Brien gave notice of the increase in the 2013 Budget Update. It contains this:

"Public transport fares will increase by CPI plus 2.5 per cent from 2015 to 2018, contributing to ongoing investment in the network.

The public transport weekend daily fare cap will be adjusted to $6 from 1 January 2014. The current weekend daily cap on all metropolitan public transport travel provides a significant discount to weekend travel compared to the daily weekday fare. An increase to the daily weekend cap to $6 for Zone 1 and 2 travel will better align weekend and weekday fares while still providing value for weekend travellers.

Two hour fares will expire exactly two hours after touch on from 1 July 2014. Currently, two hour public transport fares expire two hours from the start of the next full hour. The fare change reduces complexity and is easier to administer than rounding to the start of the next full hour."

So, 2018 was to be the last year.
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Re: Myki Fare Increase 2018

Postby Mike M » Sat Dec 30, 2017 5:00 pm

Thank you for the detailed explanation.

Having the weekend cap frozen at $6.00 for 4 years from January 2014 until now has been a bonus.

The change to the validity of 2 hour fares in July 2014 was a sneaky way of effectively doubling the cost of many short return trips. I was surprised at the time that it was introduced with very little adverse publicity. The comment about reducing complexity was a classic piece of spin.
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