Transport costs continue to strain family budgets

Australia’s peak motoring body has released its latest Transport Affordability Index showing household transport costs continued to rise throughout the December 2022 quarter with Sydney, Melbourne and Brisbane remaining Australia’s most expensive cities.

The latest findings show the typical household now spends 15.1 per cent of its income on transport costs.

The AAA data shows the typical weekly transport cost in capital city households was $417.39 and $347.68 in regional households.

The AAA’s Index continues to show that transport costs are placing a significant strain on household budgets.

It is a timely reminder for all levels of government that they need to carefully consider policies that may add to transport cost of living pressures across both regional and metropolitan Australia.