|Metro Tasmania Pty Ltd (Metro)
The Treasurer requested the Commission to investigate the pricing policies of Metro Tasmania Pty Ltd (Metro) and to recommend maximum prices for the subsequent five years. The Final Report was presented to the Government on 26 May 2009 in accordance with the Terms of Reference.
The Government tabled the Commission’s Final Report for the investigation on 2 July 2009. In accordance with the Government Prices Oversight Act, the Commission has now released the Final Report. The Final Report contains the Commission’s recommendations on maximum revenues required to recover the efficient cost of providing urban passenger bus services in Hobart, Launceston and Burnie. The Report also sets out the maximum full adult fares required to recover Metro’s costs, and principles for the setting of adult concession and student fares. However, the actual fares to be paid by all passenger categories will be determined by the Government by way of an Order setting out the maximum prices to be charged by Metro. The Order must be made by the end of July and will come into effect 61 days after it is Gazetted.
The Commission received six submissions in response to the Draft Report, copies of which are provided below.
The Commission released its Draft Report for comment in April 2009 following consideration of all submissions received and other information provided by Metro. A copy of the Media Release is also available.
Copies of submissions received by the Commission in response to the Terms of Reference, including Metro's initial submission, are provided below.
Terms of Reference for the investigation
Past Investigations [2005-06] [2002-03] [1999-00] [1996-97]