Home > News Archive > The Independent Pricing and Regulatory Tribunal (IPART) publishes an issues paper
30th April 2019The Independent Pricing and Regulatory Tribunal (IPART) has published an issues paper as part of a major review of public transport fares in Sydney and surrounding areas. Over the next nine months IPART will be conducting research and analysis and consulting on what the fares should be.
A report, prepared by CEPA in conjunction with the Hensher Group will inform IPART’s views on the relationship between fares and transport use. We analysed usage data captured from Opal smartcard tickets to see how people respond to changes in fares (price elasticity of demand). The dataset allowed us to estimate the likely change in passenger journeys in response to an increase in fares for different user groups, different distances, times of the day, days of the week and on different modes.
To find out more about CEPA’s work in the transport sector and for information about how to engage the firm, please contact Richard Rodger (T. +44 (0)20 7269 0210) in London or Joel Cook (T. +61 2 9006 1307) in Sydney, by email or by telephone.