‘The Costs of Commuting: An Analysis of Potential Commuter Savings’ report, prepared by the Australasian Railway Association (ARA), has found that Australians could save an average of $9,973 every year simply by travelling to work with public transport instead of owning and driving a car or purchasing a second household car.
The report identifies the annual cost to commute by car and then uses two scenarios to quantify the potential savings a public transport commuter could make by not driving a private vehicle. The scenarios estimate potential savings for those who use public transport and do not own a car or have not purchased a second household car and those who own a car but opt to leave it at home.
ARA CEO, Bryan Nye OAM, said the start of a New Year brings new resolutions, with many Australians looking for ways to save money and change old habits.
“This report highlights just how costly it can be to drive your car to work five days a week and in doing so provides a practical solution for many Aussies looking to kick off 2015 saving their hard earned money. A lot of people are unaware of the significant savings that can be made by selling their car or simply not purchasing a second household car and switching to public transport,”said Nye.