The growing number of citations of the material from the thredbo series has motivated this book, providing an opportunity to bring together in one volume the best papers from the conference plus the workshop reports. All chapters have been peer refereed. The themes in this volume (the first in a new series) include competition and regulation, contract specifications (especially performance-based contracts), regulatory and planning tools, institutional frameworks, service quality and pricing and performance data and measurement. Within one volume we provide a comprehensive update and review of the reform programs throughout the world in the land passenger transport sector. The Volume is edited by Professor David Hensher, co-founder of the series and a recognized world authority in the field.