Taxi fares to rise by 4 per cent

| 21.06,09. 09:56 PM |

Taxi fares to rise by 4 per cent

CATCHING a cab will be dearer next month after the pricing regulator approved fare increases of more than 4 per cent.

June 21, 2009

CATCHING a cab will be dearer next month after the pricing regulator approved fare increases of more than 4 per cent.

A Ministry of Transport spokeswoman said city fares would rise by 4.2 per cent, adding an average of 87 cents per trip, and country fares would rise by 4.1 per cent, an average of 68 cents per trip.

She said the increases had been recommended after the annual review of taxi fares by the Independent Pricing and Regulatory Tribunal.

"The cost of operating a taxi has increased 4.2 per cent since 2008, so this is reflected in the change to fares," she said. "Insurance costs alone have increased an average of 10.7 per cent since 2008, indicating that costs to taxi operators are on the way up.

"Unlike trains, buses and ferries, taxis are not taxpayer-subsidised, so it's important to ensure the fares are sustainable in order to keep taxis on the road servicing passengers."

In Sydney, Newcastle, Wollongong, the Central Coast and Blue Mountains, flag fall will increase by 10 cents to $3.20, the distance rate will increase by 8 cents to $1.93 per kilometre, the waiting time rate will increase by 3 cents to 83 cents per minute and the radio booking fee will increase by 10 cents to $2.10.

The new fares take effect on July 5.

(Votes: 0)

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