Industry Analysis & Industry Trends
There has been a resurgence in the popularity of passenger rail over the past decade, with patronage in many cities reaching record levels. Over the five years through 2014-15, revenue for the Rail Passenger Transport industry is expected to grow at a compound annual rate of 2.5%. Increased demand has resulted in ticket sales growth, but the bulk of industry revenue has continued to come from government subsidies and grants. Industry revenue is expected to reach $8.6 billion in 2014-15, representing an increase of 3.5% over the year.
Growing patronage has been driven by several factors, including increases in the cost of petrol and other costs associated with passenger vehicles, such as parking and time spent in traffic... purchase to read more
Industry Report - Industry Locations Chapter
The large distribution of establishments in Queensland, Victoria and New South Wales are due to the large network of rail lines serving their large population in capital cities, together with a number of regional train services. Generally, the distribution of establishments has remained steady since the privatisation of networks during the 1990s.
With the advent of effective track access regimes, state and territory boundaries are less applicable and the spread of establishments is governed by the various activities of the rail companies and it is not uncommon for rail companies to be represented in a number of states... purchase to read more