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Melbourne's share bikes hit wall

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Melbourne’s publicly-funded bike-share scheme is being scrapped because it’s expensive and people aren’t using it.

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The blue-bike scheme introduced in 2010 costs more than $2 million a year, with each bike only used once a day on average.

“This scheme has raised the profile of cycling in Melbourne, but the bikes have reached the end of their functional life and it no longer represents value for money for Victorians,” Victorian Roads Minister Jaala Pulford said on Friday.

The state government-funded program was brought in nine years ago to ease pressure on public transport but tourists make up more than 70 per cent of bike trips.

Phasing out the scheme will free up footpaths for pedestrians and bike parking for regular commuters,Pulford says.

RACV is contracted to run the scheme for Public Transport Victoria and will be responsible for notifying and refunding any subscribers.

-AAP

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