Actually it's all summed up as: 1. 'Public' transport operators must make decent profits as they are listed companies. (Ya , very logical) 2. Govt works hard to NOT have to invest in them, but if they have to, yes - your taxes goes in for the spanking new bus etc. Don't worry , if they do badly , govt will fine them and keep the money for future 'investments'. 3. They are working very hard to convince everyone that : yes , there are price increases , but it's all manageable and instead of supposed $x , we r only increasing half of $x. Psychologically it's cute, imagine in 2015 govt says we have to up GST to 10% , people lobby like siao and end up they say ok ok , u win 8.5% instead. Some will be relieved but who's the real winner? 4. Someone has to pay for all these, if the government isn't willing , obviously the people do. Look at the taxi market , it's all screwedFor me, I'm in category where fares are going to be increased (adult full fare) but when it's a public good worked like a profit maximizing good, this is life. I'm just at least glad from my misery , the poly students , disable and needy get some form of rebates.
Bro, Ah Pek do t quite agree hor
1) this one monopoly hor. Tax payers build infrastructure they make money. Not right leh. Limit to fixed income for the company. If they don't want let others run.
2) fines are operating cost and back to consumers after looking at P&L. Same equation. Sure makan business where to find?
3) everybody knows cost of living will go up due to inflation. Nobody will be willing to contribute to selected people for profit. I can decide not to buy a certain brand if I find their profit margin is too high but I need to take that bus or train because I don't have a choice.
4) like education, medical, housing, etc. transportation are basic necessity the government need to support. Even today, aren't the government subsidIzing them?
We have made many people millionaire but forgotten those that build this country. Time to reflect.
