AAA research shows the average Australian family is now paying $17,464 per year in land transport costs, an increase of $686 over the four quarters to March 2017.
The Australian Automobile Association’s (AAA) latest Transport Affordability Index shows the average Australian family is now paying $17,464 per year in land transport costs, an increase of $686 over the four quarters to March 2017.
The Index is based on the incomes and transport costs of a hypothetical household in each capital city that consists of a couple with children and two cars, the average household identified by the 2016 Census.
The latest edition of the AAA Transport Affordability Index shows the average Sydney family pays more than families in any other capital city, $22,238 per year, an increase of $848 over the four quarters.
Hobart households have the lowest average transport costs of any Australian capital at $14,852 annually, however this represents an increase of $737 over the four quarters.
Nationally, average household transport costs account for 13.6 per cent of the household budget. This is an increase from 13.3 per cent over the four quarters to March 2017. In comparison, household expenses relating to electricity and gas consume a far smaller share of that budget, ordinarily around one to three per cent[i].
Fuel was the number-one contributor to the national increase in transport costs over the quarter to March 2017, up $226. Fuel costs also increased by $373 over the four quarters to March. The average family now pays $1,035 in Government fuel excise each year, and for the first time, Government fuel excise increased to more than 40 cents per litre on 1 February 2017.
Over the March 2017 quarter, public transport increased significantly due to fare rises in Melbourne, Hobart and Canberra. Other increased costs faced by the average family included tolls, new car servicing and new car prices which had a flow on impact on car repayment costs.
The increasing costs borne by households for land transport highlights the need for all governments to develop policies and make infrastructure investments that will make transport more affordable.
Summary of findings for the March 2017 Quarter:
Australian transport costs have increased at more than twice the rate of inflation through the 12 months to September 30 and now account for more than one-seventh of metropolitan household income.read more
Australia’s National Road Safety Strategy is continuing to fail. New road fatality data reinforces the findings of the recent inquiry and the need for major changes in road safety management.read more
The nation’s first congestion benchmarking report, released by the AAA, reveals average speeds have slowed by up to 8 per cent since January 2013.read more