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In view of its political sensitivity, the agencies responsible for public transport in New South Wales are frequently restructured. Buses and ferries were the responsibility of the Department of Government Transport until 1972, when it was merged with the Department of Railways New South Wales to form the Public Transport Commission.
Transport for NSW (TfNSW) is a New South Wales Government transport services and roads agency established on 1 November 2011. The agency is a different entity to the NSW Department of Transport, which is a department of the state government of New South Wales, and the ultimate parent entity of Transport for NSW.
In 2015, the Liberal Baird government privatised electricity in NSW in exchange for $16 billion in revenue. [69] Half of NSW electricity was sold, while the remaining was leased for 99 years. [70] Despite its unpopularity with the electorate, as 67% of NSW voters opposed it, the Baird Government was elected on a mandate to proceed with the sale ...
The New South Wales Government purchased Metro Transport Sydney in March 2012, and the company was placed under the control of Transport for NSW. [16] The purchase removed the contractual restrictions on expanding the light rail system and allowed the government to dismantle the monorail, assisting its plans to redevelop the Sydney Convention ...
The NSW Government would fund (and own) the railway itself and Wolli Creek station. [7] The Airport Link consistently failed to meet patronage targets. In 2000, the Airport Link Company went into receivership, exposing the government to costs of around $800 million; it was put up for sale in early 2006. [8]
In October 2019, the NSW Government announced that it would open 13 out of the 14 contracts for competitive tender. In January 2022, tendering was opened for Regions 12, 14 and 4, closing on 14 April 2022. Transport for NSW has also indicated that Regions 12 and 14 may be procured together.
During the 20th century the railways were run by state-owned entity the New South Wales Government Railways and its successors. The current entity responsible for running the railways is Transport for New South Wales (TfNSW), with NSW TrainLink and Sydney Trains responsible for service provision and Transport Asset Holding Entity being the infrastructure owner.
The Transport Asset Manager of New South Wales (TAM) is an agency of the Government of New South Wales under the Transport Administration Act 1988.It was previously a state-owned corporation known as the Transport Asset Holding Entity of New South Wales (TAHE) which was established by converting and renaming RailCorp on 1 July 2020.