The bus operators now funded their operations via a State Government subsidy, partially funded by multi-modal ticket fare revenue (rather than each bus company issuing their own ticket)'. In another attempt to reduce costs beyond the 'go or grow' policy, the State Government refused to subsidise new capital investment into the private bus companies (for instance, spending on new depots) and put a moratorium on the subsidies on bus replacement. Any new additions to the fleets of bus companies would have to be covered out-of-pocket by the bus companies themselves. This policy led to the ageing of the bus fleet through the late 1980s and into the 1990s, though would later be lifted.
