Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Rising Costs Force Increase In Bus Fares

Rising Costs Force Increase In Bus Fares

Bus companies in Auckland are to increase bus fares from Sunday 1 August 2004. The rise in fares will partly recover cost increases the bus companies have experienced over the last four years, particularly the large increase in diesel prices experienced in the past 12 months.

The average fare increase is just over 7.8% but some fares will not increase at all.

“It’s been almost four years since bus companies have increased fares.” Bill Dalbeth, Managing Director of Howick and Eastern Buses says. “In that time bus company costs, as measured by a PriceWaterhouseCoopers survey, have increased 13.3%.”

“Most people are aware that the cost of petrol has increased - by a dramatic 19.1% in the past 12 months - and our diesel prices have increased similarly,” adds Bill Rae, Stagecoach’s Managing Director, “but other bus company costs have also increased significantly since the last fare increase, such as wages, tyres and insurance. Since the last fare increase inflation has totaled 9.7%, so our fare increase, on average, is much less than the rate of inflation.”

Full details of the fare increase will be available to bus company customers from Monday 26 July. Information on the changes is also available on the Rideline website at or by phone on 09 366 6400.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>