Pest for Bus Service

y Political Factors:

- State regulation of the public transport sector presents many limitations Î possible negative impact on the

public transport industry

y Economic Factors:

- Petrol prices have on average been increasing and they are likely to grow until the petrol runs out Î

possible positive impact on the public transport industry

- Consumer confidence has decreased as a result of the economic downturn and people are seeking savings in

their everyday life Î possible positive impact on the public transport industry

- Increase in the average disposable income of both families and individuals indicates that more people can

afford to buy and use a private car Î possible negative impact on the public transport industry

- Increase in number of people, who own private cars Î possible negative impact on the public transport

industry

y Social Factors:

- Growing population and numbers of visitors/tourists/immigrants imply increasing demand for transport

services Î possible positive impact on the public transport industry

- Ageing of population, partially caused by the 'baby-boomer' generation entering the retirement stage, will

significantly influence the new trends as transportation is an important means for elderly people to maintain

mobility and social contact (House of Representatives Standing Committee on Health and Ageing, 2005) Î

possible positive impact on the public transport industry

- Greater focus on environmental issues and sustainable development puts environmentally-friendly electric

trains in an advantageous position Î possible positive impact on the public transport industry

- People are more time-poor and seek efficient ways of transport in the city, where public transport possesses

advantages such as rail and bus lanes that avoid traffic jams Î possible positive impact on the public

transport industry

- People seek the convenience, personal comfort and social status that mainly private cars or, to a certain

degree, taxis can offer Î possible negative impact on the public transport industry Carpe Diem Volume