My weekly Translink ticket is going up in price by 39.5% in two weeks. That's an annual rate of about 510 000%.
I had been wondering how long it would take for Translink to start sending real price signals to us paper ticket users. Up until now they've been marketing the go cards as offering a substantial discount on an equivalent single fare, but for a 6- or 7-days-a-week Translink user like me, the paper weekly tickets were still easily cheaper. (The prices were equal for someone doing five return trips a week.)
Somewhat remarkably, I use buses and trains almost enough to make the paper tickets the cheaper option even under the new fare regime. With no changes to my behaviour, I would spend somewhere between $38.97 and $43.83 on go card fares in a typical week, compared to a paper weekly ticket price of $42.40. Of course I probably will change my bus patterns when the new prices come in - I'll plan my journeys so that I take a 196 inbound and 109 outbound for short trips to the city, etc. So even for me, the go card will be probably be cheaper.
Then we're looking at 15% price increases each year until 2014.