The Rising Cost of Transport in Australia
The cost of transport in Australia has been on a constant rise in the past three decades. So, which is better for your wallet β public or private transport?
The data in the following infographic shows the increase in the cost of both public transport and private transport in Australia over the past 30 years. While it is evident that the cost of transport has risen across the board, it seems, somewhat surprisingly, that it is more expensive to travel by public transport than it is by a private vehicle.
Compared with 1982, people using public transport in Australia are experiencing a 435% increase in the cost of travel. This massive increase can be compared to a significantly lover 237% in the cost of private transport in the same period.
The expense of private motoring has increased the most in cities like Brisbane and Adelaide over the past thirty years, with drivers in Adelaide facing a 251% greater expense and Brisbane a 253% increase in the costs of travel.
The cost of all transport is even more expected now with the rising cost of fuel. Last week, the average price for unleaded petrol across Australia rose by 1.5 cents per litre. A report in The Australian on 30 July states that the price of petrol will likely continue to rise in the coming months.
These rising prices are justifiably worrying to the average car owners, as the weekly petrol bill is the biggest single weekly purchase for the average household, according to Craig James, chief economist of Commonwealth Securities (CommSec).
To reduce the cost of owning and operating oneβs own car, consumers are advised to consider more fuel-efficient vehicles (Skoda Yeti, for example, although an SUV, it is a compact vehicle, and it can get a respectable 6.7 l/ 100 km).
Many new cars offer competitive environmental benefits, with reduced emissions and fuel consumption β which is better both for the environment and for your wallet, too! The new 6 speed manual Volkswagen Jetta 118TSI, for example, gets an urban fuel consumption of 8.3 l/ 100 km, with an extra urban rate of 5.3 l/ 100 km.
Small cars are too are often more fuel efficient, so evaluate your current car and see if you can downsize β which would likely save you money in multiple ways.
Some other ways to maximise your fuel efficiency include; modifying how you drive and how you look after your car. Also, driving smoothly, with minimised time spent idling, will reduce your fuel consumption, as will reducing the use of the air conditioning or keeping your tyres inflated to the recommended tyre pressure.