Park­ing prof­its soar­ing

Canning Gazette - - NEWS -

PERTH Air­port made a stag­ger­ing $33 mil­lion profit from car park­ing fees last year with two-thirds of ev­ery $1 spent by mo­torists park­ing there go­ing straight into the air­port’s cof­fers.

Air­lines, re­tail­ers and com­mer­cial op­er­a­tors are call­ing for the Fed­eral Govern­ment to step in and bet­ter reg­u­late air­ports, point­ing to the hikes in car park­ing as one ex­am­ple of “rip-offs” hurt­ing cus­tomers and busi­nesses.

New fig­ures show Perth Air­ports’ prof­its have nearly quadru­pled since 2004 peak­ing at $44.6m in 2014, spurred on by the re­sources boom.

Over a 15-year record­ing pe­riod, the air­port made al­most $400m from car-park­ing fees. Syd­ney Air­port raked in prof­its of $95.4m, Mel­bourne $84.8m and Bris­bane $65.4m last year.

Air­lines for Aus­tralia and New Zealand chair­man Graeme Sa­muel said Aus­tralia’s mo­nop­oly air­ports were the only pri­va­tised in­fra­struc­ture as­sets in the coun­try not ap­pro­pri­ately reg­u­lated for the pro­tec­tion of con­sumers.

A Perth Air­port spokes man re­futed the al­le­ga­tions of rort­ing cus­tomers.

“Perth Air­port’s to­tal car park­ing prof­its over 15 years are less than onethird of the $1.3 bil­lion profit made by Qan­tas last year alone,” he said.

“The growth in car park­ing rev­enue can be largely at­trib­uted to the fact that Perth Air­port had the largest growth in the num­ber of car park­ing spa­ces of any ma­jor air­port over this pe­riod.”

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