Sunday 4 January 2009

2009 on the NSW North Coast: time to brace ourselves for price hikes

Well the festive season is virtually over and there is only Australia Day left to mark the end of most people's December holiday break.

So what have we to look forward to on the NSW North Coast?

The cost of prescription medication under the Commonwealth Pharmaceutical Benefits Scheme went up this month by $1.60 to $32.90.
Pensioners will have to pay $5.30, up from $5, and will also have to pay for 62 scripts before they qualify for the safety net provision.
Of course, as it was getting harder to find prescribed medication being dispensed for $5 this will come as no surprise to many pensioners.
There is also no indication that Centrelink's pharmaceutical allowance will be increased to cover more than the current one script per fortnight.

The New South Wales retail price of electricity supplied to residential customers is likely to be fully deregulated sometime this year, coupled with the latest decision by the Independent Pricing and Regulatory Tribunal to allow a 26 per cent increase in electricity prices within the next two years.
The first price change is likely to be on 1 June this year.

Residential and business water charges will go up again this year, by around a 7.6 per cent annual increase if the North Coast Water timeline is any indication.

The Rees Government appears to be endorsing the IPART recommended 8.5 per cent increase of the maximum cap on regional bus fares.
As Sydney metropolitan and outer-metropolitan rail and bus fare increases have already been announced, expect to see local bus companies increase fares soon after any government announcement.
Further fare rises can also be expected over the next four years., but for the first time all-day pensioner excursion tickets will be available on the North Coast.

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