Australian Capital Territory
Road Transport (Public Passenger Services) Maximum Fares for Taxi Services Determination 2011 (No 2)
Disallowable instrument DI 2011—139
made under the  
Road Transport (Public Passenger Services) Act 2001, section 60 (power to determine maximum taxi fares)
EXPLANATORY STATEMENT

Section 60(1) of the Road Transport (Public Passenger Services) Act 2001 provides that the Minister may, in writing, determine the maximum fares relating to hiring or using a taxi.  A determination under section 60(1) is a disallowable instrument.

Each year the taxi industry is invited to make submissions to an annual fare review. The Office of Regulatory Service (ORS), Justice and Community Safety Directorate, has received submissions from the taxi industry seeking increases in taxi fares based on the Taxi Composite Cost Index (TCCI) developed by the Independent Competition and Regulatory Commission.  The TCCI comprises 10 weighted cost components for items such as labour, interest, taxi network fees, insurances, LPG, vehicle costs, repairs and servicing, tyres, registration and third party insurance and administration.

An independent consultant has reviewed the industry’s submissions and has 
recommended that, based on the TCCI methodology, a fare increase of +4.92% should be implemented.

This will increase the ordinary flag fall rate and the kilometre rates.  There is no change to the waiting time rate, the baby capsule fee, and other service fees. 

This determination gives effect to the fare and fee charges recommended and will commence on 1 July 2011.