Geopolitics Alpha

Labor promises $30 weekly cap for Victorian public transport amid push for free travel

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Premier Ben Carroll says two-year limited cap will start on 1 January if re-elected, while Greens say there should be no fares Get our breaking news email , free app or daily news podcast Public transport fares in Victoria will be capped at $30 a week if the Labor government is re-elected next month – but commuters will need to dust off their Myki cards to benefit. The premier, Ben Carroll, on Monday said the fare cap would begin on 1 January, the day after half-price fares end. The discounted fares were introduced after a period of free public transport in response to the fuel crisis sparked by the US-Iran war. Continue reading...

Directly affected

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Indirectly affected

  • FRO Frontline

    Tanker operators earn more when freight rates spike

  • INSW International Seaways

    Tanker operators earn more when freight rates spike

  • DHT DHT Holdings

    Tanker operators earn more when freight rates spike

  • TNK Teekay Tankers

    Tanker operators earn more when freight rates spike

  • USO United States Oil Fund

    Oil prices move when Iranian supply is at risk

  • XLE Energy Select Sector SPDR

    Energy companies move with Iran supply risk

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • XOM Exxon Mobil

    Oil producers earn more when crude prices rise

  • DAL Delta Air Lines

    Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3

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Premier Ben Carroll says two-year limit will be in place on 1 January if re-elected, while Greens say there should be no fares Get our breaking news email , free app or daily news podcast Public transport fares in Victoria will be capped a…

Source: The Guardian

How solid the defense case looks

12 out of 100

“Labor promises $30 weekly cap for Victorian public transport amid push for free travel” scores 12 out of 100. The score uses 1 sources.