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 Key Buyers Chapter
The top four players are expected to generate 87.8% of industry revenue in 2014-15. These four companies operate subsidised passenger services on the largest rail networks in Australia. New South Wales, Queensland, South Australia and Western Australia each have a separate authority or corporation providing rail passenger services. In Victoria, the network is split between Metro Trains, a private company providing metropolitan services, V/Line, the government owned 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. In most cases, each operator is a monopoly provider of rail services so in any individual city there is no competition... purchase to read more