Media Releases
Sunday, 6th April 2008
April 06 2008
The Rudd Labor Government will direct the consumer watchdog – the Australian Competition and Consumer Commission (ACCC) – to monitor car parking costs and revenue at the nation’s five major airports.
Last year, the previous government allowed the ACCC monitoring program to lapse at the very time total car parking revenue reached an unprecedented $206 million – not a good time for government to take its eyes off the ball.
The Rudd Labor Government believes proper monitoring of car parking costs and revenue at major airports is in the best interest of nation’s travelling public.
Accordingly we will restart the monitoring of both long and short term parking at Adelaide, Brisbane, Melbourne, Perth and Sydney airports.
I recognise there are genuine public concerns about airports using their monopoly position to exert significant market power and charge higher prices for the various periods of stay – particularly short term stays to drop off and pick up passengers.
We need to ensure that this monopoly position doesn’t lead to the exploitation of the travelling public and their families.
By international standards the parking charges at some Australian airports are high.
Car parking charges are also a significant, and in some cases, growing element to the revenue of the nation’s airports, making up as much as 18 per cent of an airport’s total revenue.
In 2006/07, revenue from parking ranged from $9.8 million at Adelaide Airport to $69.6 million at Sydney Airport.
What’s more, revenue from car parking has been growing at a much quicker rate than the number of people actually moving through the terminals.
Since 2002, passenger numbers at the five airports have increased by about 41 per cent; while over the same period of time parking revenues grew by a much greater 77 per cent. The graph below shows the growth numbers for each of the five major airports.
The inclusion of car parking in the ACCC’s monitoring regime will provide greater transparency and accountability for the pricing of these facilities.
Contact: Jeff Singleton 0410 476 890
Electorate Office
334a Marrickville Rd
Marrickville NSW 2204
Phone: 02 9564 3588
Parliament House Office
Parliament House
Canberra ACT 2600
Phone: 02 6277 7700
Electorate Office
334a Marrickville Rd
Marrickville NSW 2204
Phone: 02 9564 3588
Parliament House Office
Parliament House
Canberra ACT 2600
Phone: 02 6277 7700
Phone: (02) 9564 3588
Fax: (02) 9564 1734
Email: A.Albanese.MP@aph.gov.au
We acknowledge the traditional custodians of the land on which our offices stand and we pay our respects to Elders past, present and emerging. We acknowledge the sorrow of the Stolen Generations and the impacts of colonisation on Aboriginal and Torres Strait Islander peoples. We also recognise the resilience, strength and pride of the Aboriginal and Torres Strait Islander communities.
Authorised by Anthony Albanese. 334a Marrickville Rd, Marrickville NSW 2204.