Melbourne now has a bike share scheme. Cyclists can pick up or drop off the bikes at one of ten docking stations around the CBD. Another 40 stations and 500 bikes will be added by the middle of next year.
Roads Minister, Tim Pallas, says that "We would expect that a docking station would be no further away than 300 – 500 metres within the CBD grid."
The scheme has cost $5.5 million to set up. Cyclists will pay a membership fee of $2.50 a day, or $8 a week, plus an hourly rate. They will have to provide their own helmet.