As feared, the government will go ahead with the 5% plus inflation public transport fare rise in January, for a total of 8.6%. (It’s unclear if they’ll go ahead with the second one that Labor planned, in January 2013.)
My current yearly ticket doesn’t expire until April, but I’m thinking I’ll jump in and renew it — I think I have the dosh available.
Through the PTUA it’s $1120 for zone 1, including a year’s PTUA membership, and as long as you order and pay by December 22nd. (Some big employers also offer Commuter Club discounted tickets.)
In comparison, a retail Yearly at the 2012 price would be $1306.50. Buying 12 Metcard Monthlies would be 12 x $122.80 = $1473.60. (12 or so 30-33ish day Myki Passes would be similar.)
So if I can stump up the cash in advance, I’ll save about $250.
Of course, the other alternative is I just wait until my Yearly expires next year. By then the Commuter Club Yearly would be about $93 more. Hmm.
What, if anything, are the rest of you doing?
(Note: occasional users can also beat the price rise by stockpiling Metcards, bearing in mind that at some stage next year they’ll need to be either used, or returned for a refund. Refunds normally incur a fee, but based on past experience the fee may be waived. You can also pre-purchase up to two Myki Passes on a Myki card at the old price. Myki Money however is charged at the fare at the time of travel, so can’t be used to beat the rise.)