Servicing the Auckland and Wellington regions with approximately 55-60 million trips a year.
NZ bus has over 1000 buses, 7 depots and employs approximately 2000 people.
In recent years NZ Bus has enhanced and modernised its bus fleet through substantial investment, 201 new buses by the end of March 2013, with a further 100 more to be delivered through to 2014.
NZ Bus partners with operators and regional transport authorities to run bus public transport.
Regional transport authorities define and regulate the network. They set routes, timetables, operational standards and maximum fares on most services. If fares cover costs, services consistent with the network are undertaken without a rate/tax payer subsidy. However, there is a subsidy if fares are insufficient to cover costs.
For several years industry participants have been working to change the regulatory, funding and contracting regime. A new model was adopted in 2013, and it is expected to provide a base for future growth. It incentivises operators to have a more commercial approach, and for authorities to focus on value and network enhancements.
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