My thoughts are that fares should be low enough to encourage public transport use, but high enough to sustain a good revenue base that can be used to pay for system upgrades.
So here what I think should happen:
- Axing of Free Tram Zone
- Axing of early bird free travel
- Axing of weekend fare cap
- Axing of regional off-peak fares
- Replacement of Seniors Free Travel on weekends with free travel passes, similar to what they get on V/Line and the Mornington Peninsula buses
- Reduction of V/Line periodical discount from 70% to 30% to match the Metro discount
- More zones, with zone boundaries every 10km
- Fares set as follows (daily fare shown):
- 2-hour fares would remain at half the daily fares.
- V/Line coaches and other regional town buses intergrated into the zone system
Adult single zone fare $6.00 plus $4.00 for every additional zone
Concession single zone fare $3.00 plus $2.00 for every additional zone
I believe that this would result in a cost recovery level of at least 70%, mainly due to the increased revenue brought in as a result of the reduced/axed discounts. This money can then spent on projects that increase patronage and eliminate operational inefficiencies such as tram and bus priority, re-organization of bus routes, unpowered VLocity trailer cars, and single track duplications among others, bringing the cost recovery level to 90% through reducing the cost per passenger.
So, what do you guys think should happen?