A 13-member committee has been selected to review the way public transport fares are adjusted.
Headed by former judge Richard Magnus and comprising of parties from the Public Transport Council, Land Transport Authority and academia, the committee will review the effectiveness of the current fare adjustment formula and propose improvements to the formula and the overall framework for fare adjustments.
The committee is expected to complete its review and present its recommendations to the Minister for Transport in early 2013.
Headed by former judge Richard Magnus and comprising of parties from the Public Transport Council, Land Transport Authority and academia, the committee will review the effectiveness of the current fare adjustment formula and propose improvements to the formula and the overall framework for fare adjustments.
The committee is expected to complete its review and present its recommendations to the Minister for Transport in early 2013.
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