The Consumer Price Index for the year ended September 2008 was 5.0% — unusually high, for Australia. As the ABS says: This is the largest annual change since December quarter 1995, excluding the period associated with the introduction of the GST.
This figure is used as the basis for the increase in public transport fares in Melbourne, which is generally announced in mid-December effective from 1st of January.
So, Metcard users, right now would be a good time to buy up some tickets in advance. Yeah it’s not ideal given it’s Christmas gift-buying season. But the more tickets you can squirrel away at the old price, the more you save.
And if you use PT almost every day, consider buying a PTUA Commuter Club Yearly — for Z1, it’s $1015 + $25 membership = $1040, compared to the estimated price 2009 of 12 monthlies, roughly $1315. The catch is that because Metlink only take orders once per month, the ticket needs to be ordered and the money paid by December 9th.