*Concession fares should be abolished (increase welfare spending)
*Minor fares should be free in metro areas, about half price for regional
*Fares should be set to enable cost recovery, with a distance based pricing structure
Eliminating concession fares and moving the benefit to welfare is the fairest way of doing things, that does not discriminate against those with no PT access.
The complete lack of coverage of opex (only 25-30%) and capex (nothing) from PT revenue is why it is ignored by government.
Road revenue covers both opex and capex of new roads, hence it is not a money pit, and this is why government is more willing to invest.