Personal Finance
2020 Fare Review Exercise: No Change to Public Transport Fares & $50 Public Transport Vouchers
By Seedly  •  September 5, 2020
Good news everyone! After the 2020 Fare Review Exercise, the Public Transport Council (PTC) has announced that there will be no change to public transport fares from end 2020 to the next Fare Review Exercise. This decision was made to help commuters cope with the impact of the COVID-19 pandemic. Based on the 2020 Fare Review Exercise, the maximum allowable fare adjustment quantum should have been 4.4 per cent. Source: Friday | Giphy Yep. It seems like it could’ve been a pretty substantial increase until you realise that bus and train fares increased by 7 per cent in 2019. That was the highest percentage jump in fare prices since 1998.

TL;DR: How Does the 2020 Fare Review Exercise Affect Me?

At a glance, this is how the 2020 Fare Review Exercise will affect everyone:
Fare Review 2020 Changes to Bus and Train Fares
Senior Citizens No change to senior citizen concessionary fares (discounts of up to 55% off adult fares)
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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