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• Victorian congestion report - incentives in public transport contracts

  The Victorian government today released a report by the Victorian Competition and Efficiency Commission on Managing Transport Congestion. Parts of the report draw on an ACIL Tasman paper prepared for the Commission on Incentives in Public Transport Contracts. The paper assesses current contracts between the government (as subsidiser and regulator) and the bus, train and tram operators, against economic and contracting principles. It criticises aspects of the bus contracts in particular and suggests improvements that might be made in the interests of competition and reduced congestion.

The ACIL Tasman paper and the full VCEC report can be accessed by clicking on the link: http://www.vcec.vic.gov.au