Public Transport Corporation

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Green and Gold "The Met" logo from the 1990s
Green and Gold "The Met" logo from the 1990s
Tangerine V/Line logo from the 1980s
Tangerine V/Line logo from the 1980s

The Public Transport Corporation was a State Government of Victoria owned corporate body that operated passenger and freight trains, trams and bus services in Victoria, Australia. It was established in 1989 to manage the responsibilities of the State Transport Authority and the Metropolitan Transit Authority. In suburban Melbourne it traded as "The Met" while in regional Victoria it operated as "V/Line". The corporation was privatised in 1999 by the Kennett Government.

[edit] Formation

V/Line branded train in 1993
V/Line branded train in 1993
V/Line Freight livered locomotive X43
V/Line Freight livered locomotive X43

The Public Transport Corporation was formed under the Transport (Amendment) Act 1989 from the State Transport Authority and the Metropolitan Transit Authority. The functions of the Corporation was an amalgamation of its two predecessors. The green and gold livery on vehicles was retained, though with a new "double arrow" logo.

The Public Transport Corporation was subject to the control and general direction of the Director-General of Transport and, ultimately, the Minister for Transport. A fourteen-member Public Transport Corporation Board was appointed by the Minister to provide advice to the Chief Executive of the Corporation.

[edit] Demise

See also: V/Line, Freight Victoria, Connex Melbourne, and Yarra Trams

Privatisation of the Public Transport Corporation commenced under the Kennett Government of the 1990s. V/Line was split into separate freight and passenger divisions, and "The Met" was divided into "Hillside Trains", "Bayside Trains", "Swanston Trams", and "Yarra Trams". These separate bodies were all sold separately: V/Line Freight to Freight Victoria; Hillside Trains to Connex Melbourne; Yarra Trams to a consortium now trading as Yarra Trams; and V/Line Passenger, Bayside Trains, and Swanston Trams to the National Express Group. The remainder of the functions of the PTC were transferred to Metlink.

[edit] References

Preceded by
State Transport Authority
Passenger rail in Victoria
1989-1999
Succeeded by
V/Line Passenger
Freight rail in Victoria
1989-1999
Succeeded by
Freight Victoria
Preceded by
Metropolitan Transit Authority
Railways in Melbourne
1989-1999
Succeeded by
Connex Melbourne
M>Train
Trams in Melbourne
1989-1999
Succeeded by
Yarra Trams
M>Tram