New Fare Schedule for Waiheke Island Ferry Services
20th September, 2010
Fullers announces increases to Waiheke Island fares, effective from 1 October 2010. The new fares take into account the 2.5 per cent GST increase and some of the increases in operational and maintenance costs.
Factors which have been taken into account for the non-GST related increases include an 18 per cent rise in the cost of fuel since March 2009, a 6 per cent increase in labour costs over the last 2 years, increasing vessel maintenance costs and the introduction of the Government’s Emissions Trading Scheme.
Under the new fare schedule, most one way and return fares will include non-GST increases ranging between 0.4 and 2.5 per cent. Customers using multi-trip tickets, including the 10 and 40 trip tickets and monthly passes, face non-GST increases ranging from 0.4 - 3.3 per cent, with the exception of the tertiary 10 trip pass which is being increased by 8.7 per cent so that it is more closely aligned with the level of discount offered on tertiary fares in the public transport sector.
“It is an unfortunate commercial reality that the price of ferry fares needs to reflect rising operational costs. Fares need to take into account the higher GST rate and Fullers is now reluctantly faced with having to further increase Waiheke Island fare revenue by at least 2.2 per cent to balance the rising costs involved with operating these services. So some fares will increase to reflect the GST increase, but others will rise a bit more to provide some of the required revenue increase, while the off-island fare has been left at its current price to benefit Waiheke Island residents,” says Douglas Hudson, CEO, Fullers Group Ltd.
Customers can also take advantage of ‘Saver Seat’ fares which can be booked online at www.fullers.co.nz and represent great value for money with savings of up to 30 per cent off some standard return fares.
More information is available at www.fullers.co.nz, as well as flyers on board Fullers vessels and at ticket offices.
-ENDS-
Further information
Lucy Farrington
Marketing Communications Manager, Fullers Group Limited
Tel: 09 367 9107
TEXT MESSAGE ALERTS
