Waikato Council faces $40 million loss and plans fare hikes for buses and trains

In the latest financial report, Waikato Regional Council disclosed a $40 million loss on its public transport operations, despite a notable rise in passenger numbers. Operating costs totalled $51.1 million for the year, split between $42 million for buses and $8 million for rail, while total revenue reached $9.7 million from fares, limited third-party funding and Crown concessions. Bus trips climbed 14% week-on-week and Te Huia rail usage jumped 26% compared with the previous year, helping meet the NZTA’s private-revenue target.

Council chair Warren Maher explained that raising fares is the sole option to cover rising fuel expenses without increasing rates for ratepayers. The council also intends to remove free on-peak bus travel for SuperGold members, a move that Grey Power Hamilton has condemned. Effective September 28, Te Huia fares will rise 25%, and bus zone fares will increase across the board.