It is important to have a financially sustainable public transport system. The public transport system is underpinned by Government subsidies and commuter fares. Neither can be raised beyond the ability of taxpayers to bear nor commuters to pay. Operators
have to be incentivised to be efficient and to make productivity improvements to turn in viable revenue streams, rather than rely solely on fare increases to cover operating costs.
PTC conducts a Fare Review Exercise annually to ensure that fare adjustments will not overburden commuters, while taking into account operators’ needs. It is guided by a fare formula which protects the interests of commuters by capping the
fare adjustment, rather than allowing operators to pass on full operating costs to commuters to bear.
Learn more about the Fare Regulation Framework.
