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Welcome to No: 47 of THE PDCN BULLETIN. This Bulletin goes out to PDCN members and others who wish to receive it regularly by email. Internet links are included throughout the bulletin for further reading. Please forward this bulletin to anyone you know would welcome it.

2009 Review of Taxi Fares in NSW - Release of Final Report and Recommendations

The Independent Pricing and Regulatory Tribunal of NSW (IPART) reviews taxi fares each year and recommends changes to maximum taxi fares to the Minister for Transport. IPART conducts these reviews under section 9 of the IPART Act by arrangement with the Ministry of Transport.

IPART has completed its 2009 review. Like last year, IPART based its recommended changes to fares on its estimate of the increase in the cost of providing taxi services over the past 12 months as measured by the Taxi Cost Index. Unlike increases made in the previous financial year where taxi fares was added substantially to the booking fee, this year increases have been spread more evenly across all taxi fare components.

IPART decided that maximum taxi fares should increase from 1 July 2009 by:

• 4.2 per cent for urban taxis
• 4.1 per cent for country taxis

IPART also made the following recommendations:

• That the Ministry of Transport begin collecting data on the value of all taxi licence leases entered into in NSW, for use by IPART in future fare reviews; and
• That maximum taxi fares be increased from 1 July 2009

Click here to read the Final Report and Recommendations by IPART

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