Brisbane Airport Rakes In $63 Million In Profits Just From Carpark Charges

Time For A Price Cap?

Brisbane Airport Rakes In $63 Million In Profits Just From Carpark Charges Pic: Visit Brisbane

If you think parking prices at Brisbane Airport are way too high, well the ACCC agrees with you.

The Federal Government's consumer watchdog is calling for a car park price cap at airports across the country, after a report revealed corporations are raking in sky-high profits, even before passengers enter the terminal.

Total profits for Sydney, Melbourne, Brisbane and Perth airports surpassed $2 billion, according to the annual Airport Monitoring Report.

Brisbane Airport Corporation turned in a profit of $136 million in 2016/17, with $63.7 million of that coming from carpark charges alone.

According to parking rates on the BAC website, drivers will have to fork out $17 for a 30-60 minute stay at the domestic terminal, and almost $100 for a long-term weekend park.

"There's no question that airports are making excessive profits", ACCC chairman Rod Sims told The Courier-Mail.

Although, you can score significant savings if you book online and in advance, some rates are a third of the price at the boom gate.

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