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 2013-14, industry revenue is expected to have grown at a compound annual rate of 3.8%. Increased demand has resulted in growth in revenue from ticket sales, and additional subsidies and grants from governments to allow operators to meet demand. Industry revenue is expected to reach $8.4 billion in 2013-14, an increase of 0.7% on 2012-13.
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 jams... purchase to read more
Industry Report - Industry Key Buyers Chapter
The top four players are estimated to generate over 90.0% of industry revenue in 2013-14 and represent the largest rail networks in Australia. New South Wales, Queensland, Victoria and Western Australia each have a separate authority or corporation providing rail passenger services. In Victoria, the network is split between Metro, the provider of metropolitan services, V/Line the provider of rural services, and Victrack, which owns the rights to rail infrastructure. The Australian Capital Territory, the Northern Territory and Tasmania do not have any commuter rail providers... purchase to read more