Transport Affordability

The Australian Automobile Association (AAA) has attributed a rise in household spending on transport to increasing government fees and charges.

The AAA has released a report showing the transport costs for Australian capital cities and regional centres and it’s not good reading for Tasmanians!

The report shows that Australian households are now spending 14.1% of their total annual income on transport.

When compared to our average annual income, Hobart’s transport costs are the second highest of Australian capital cities and Launceston’s the highest of the regional centres included.

This is largely attributable to fuel prices in Tasmania being the highest in the country. This is a good reminder to download GasBuddy to help you find the lowest fuel prices in your local area.

AAA CEO Michael Bradley believes city-based households are now paying an average of $17,485 per annum, with an increase of $191 since the previous index, when factors such as car registration, CTP insurance, public transport, tolls and maintenance were tallied.

“These increases over the quarter are largely attributable to increases in government fees and charges. This highlights transport as a significant and unavoidable cost to households and needs to be considered by all levels of government when formulating policies.

Learn more here.