In Transport

Victoria Shadow Minister for Public Transport Terry Mulder

MYKI Mess Causes Fare Revenue Collapse

Victor P Taffa

Documents released under Freedom of Information by the Transport Ticketing Authority to the Victorian Coalition show that with the introduction of myki and despite the Brumby Government’s claimed patronage increases, public transport fare revenue is declining according to Shadow Minister for Public Transport Terry Mulder.

“Premier John Brumby’s myki is at least $350 Million over budget and more than three years late, but myki is now hemorrhaging with Victorian taxpayers left to foot the bill.” Mr. Mulder said.

Mr. Mulder said that myki had been introduced in stages to the four major rural city bus networks between December 2008 and May 2009 and began on Melbourne’s trains at the end of December 2009.

 

 

“The FOI documents show that overall revenue from sales of Metcard and myki fares dropped from $151,322,077 in the December quarter 2008 to $148,813,746 in the December quarter 2009, a drop of 1.7 %.”

“This is despite Premier John Brumby claiming that in the 2009/10 financial year that is about to end, patronage on Melbourne’s trains, trams and buses and on rural city buses would rise by between 1.5 and 2.4 % depending on the mode.” Mr. Mulder said.

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