Comprehensive analysis of 10 months of Corporate Traveller managed travel across all Bravus business units, compared against Webjet Business Travel’s percentage-based pricing model.
Period: April 2025 – January 2026 • All figures ex GST unless stated • Total inc GST: $1,808,231 • ~$1.82M annualised travel spend
10 months of CT-managed travel across 6 Bravus business units. Hotels dominate the spend, reflecting the FIFO nature of mining operations. All figures ex GST.
| Category | Amount (ex GST) |
|---|---|
| Original Travel | |
| Hotels | $983,127 |
| Flights | $466,912 |
| Car hire | $55,213 |
| EMD & ancillary | $432 |
| Upfront Travel Subtotal | $1,470,377 |
| Change-Related Travel | |
| Changed booking fares (exchanges) | $35,306 |
| Airline change fees (EMD-S) | $6,866 |
| Change Travel Subtotal | $42,172 |
| Total Travel Spend | $1,512,549 |
FIFO-heavy travel profile
Hotels account for 65% of total travel spend, reflecting Bravus’s mining operations and remote site accommodation requirements. This is a high-volume, repetitive travel pattern — ideal for technology-driven booking platforms.
Corporate Traveller charges six separate management fee types totalling 8.95% of travel spend — more than double a typical TMC rate. This is the single largest cost optimisation opportunity.
| Fee Type | Amount (ex GST) |
|---|---|
| CT Management Fees (10 months) | |
| New Booking Fee | $48,979 |
| Sector Booking Fee | $40,433 |
| Chargeback Handling Fee | $23,100 |
| Change Fee | $20,082 |
| Other Fees | $2,697 |
| Cancellation Fee | $79 |
| Total CT Management Fees | $135,370 |
Note: CT also charges an Agency Account Fee ($9,331 over 10 months) for credit terms. This is a finance cost and is analysed separately on Slide 8.
$135,370 in fees on $1,512,549 travel spend (10 months, ex GST)
Fee stacking drives up the rate
Each booking can attract a New Booking Fee + Sector Booking Fee + Chargeback Fee. With an average booking value of just $762, these fixed fees have a disproportionate impact.
32% of bookings had changes — not unusual for mining operations. When a trip changes, costs stack up: fare differences, airline penalties, and CT’s own change fee.
Including fare differences, airline fees, and CT change fees (ex GST)
| Change Component | Amount (ex GST) |
|---|---|
| Changed booking fares (fare differences) | $35,306 |
| Airline change fees (EMD-S) | $6,866 |
| CT change fees (agency charge) | $20,082 |
| Total Cost of Changes | $62,254 |
Webjet Business advantage
WBT does not charge its percentage fee on change-related costs. No change fees, no additional margin on fare differences. That’s $20,082 in CT change fees alone that would be eliminated.
Change cost breakdown
CT change fees are the real outlier
CT’s agency change fees ($20,082) are nearly three times the airline’s own change fees ($6,866). A third of all change costs are going to the TMC, not the airline.
Carmichael Rail accounts for half of all travel but pays the highest fee rate. Fee rates range from 5.15% to 11.49% across units. All figures ex GST, 10-month period.
| Business Unit | Travel | CT Fees | Fee Rate | Bookings | Avg/Booking | % of Total |
|---|---|---|---|---|---|---|
| Carmichael Rail | $759,409 | $87,257 | 11.49% | 1,077 | $81 | 50% |
| Adani Mining | $437,678 | $24,228 | 5.54% | 485 | $50 | 29% |
| BRC (Bowen Rail) | $212,734 | $17,256 | 8.11% | 276 | $63 | 14% |
| Adani Australia | $70,827 | $4,522 | 6.38% | 125 | $36 | 5% |
| NQXT (Port) | $19,492 | $1,004 | 5.15% | 11 | $91 | 1% |
| Rugby Run | $12,410 | $1,103 | 8.89% | 11 | $100 | 1% |
| All Bravus Units | $1,512,549 | $135,370 | 8.95% | 1,985 | $68 | 100% |
Carmichael Rail: 11.49% fee rate
The largest unit has the highest fee rate. With 1,077 bookings, sector fees and chargeback fees accumulate rapidly. Sector Booking Fees alone are $32,117 for this unit — the single biggest fee line item across all of Bravus.
Fee stacking hits high-volume units hardest
Mining travel is characterised by high-frequency, moderate-value bookings. CT’s per-transaction fee model extracts more from this pattern than a percentage model would. With WBT, Carmichael Rail alone would save ~$69K annually.
Webjet Business charges a simple percentage on upfront travel cost plus a monthly platform fee. No booking fees. No sector fees. No change fees. No chargeback fees.
CT model: 6 different fee types adding up to 8.95% of travel
New Booking Fee + Sector Booking Fee + Change Fee + Chargeback Fee + Cancellation Fee — charged per transaction regardless of booking size. Fees stack on each booking and compound with high-frequency travel patterns.
WBT model: One simple percentage on upfront travel only
Premium (3.5%) of the original booking cost + a monthly platform fee. No fee on changes, no sector fees, no hidden charges. The more you book, the less the platform fee matters.
Annualised from 10 months of actual data. Applying WBT Premium’s percentage to upfront travel ($1.76M annualised) plus the platform fee. All figures ex GST.
| Corporate Traveller | WBT Premium | |
|---|---|---|
| Fee base (annualised) | $1,815,059 all travel |
$1,764,452 upfront only |
| Management fees | $162,444 | — |
| Travel fee | — | $61,756 3.5% |
| Platform fee | — | $3,588 $299/mo |
| Annual fee cost | $162,444 | $65,344 |
| Effective rate | 8.95% | 3.60% |
| Annual saving | — | $97,100 |
All figures ex GST • Annualised from 10 months of actual data • CT Account Fee ($11,198/yr) excluded here — see finance cost analysis • WBT platform fee: single entity pricing
60% reduction in management fees — from $162K to $65K per year
Annual fee comparison (ex GST)
Even including payment processing costs, WBT is substantially cheaper in every scenario. CT’s high fee base means card surcharges compound an already expensive arrangement.
| Scenario | Mgmt Fee | Finance | All-in | vs CT DD |
|---|---|---|---|---|
| Corporate Traveller (annualised) | ||||
| Direct Debit (current) | $162,444 | $11,198 | $173,642 | — |
| + Visa credit card | $162,444 | $19,775 | $182,219 | +$8,577 |
| + Amex credit card | $162,444 | $25,708 | $188,152 | +$14,510 |
| Webjet Business Premium (annualised) | ||||
| + Visa/MC card | $65,344 | $28,206 | $93,550 | −$80,092 |
| + Amex card | $65,344 | $35,728 | $101,072 | −$72,570 |
| + Pre-funded account | $65,344 | $37,608 | $102,952 | −$70,690 |
All figures ex GST, annualised from 10 months • CT finance: account fee $11.2K/yr • CT surcharges: 1.0% Visa, 1.3% Amex • WBT: 1.5% Visa/MC, 1.9% Amex • Pre-funded: 2% statement fee
Even WBT’s most expensive option saves $71K+ versus CT’s cheapest
All-in annual cost (mgmt + finance, ex GST)
WBT is cheaper in every scenario
CT’s 8.95% fee rate is so far above WBT’s 3.60% that even the cheapest CT payment option (Direct Debit at $174K) is 86% more expensive than the cheapest WBT option (Visa at $94K).
Every business unit saves under WBT’s 3.5% model. Because WBT doesn’t charge on changes, each unit’s effective rate falls below 3.5%. The single group platform fee ($3,588/yr) is included in the total only.
| Business Unit | Ann. Travel | Ann. CT Fees | CT Rate | Ann. WBT Fees | WBT Rate | Annual Saving |
|---|---|---|---|---|---|---|
| Carmichael Rail | $911,290 | $104,709 | 11.49% | $31,804 | 3.49% | $72,905 |
| BRC (Bowen Rail) | $255,280 | $20,707 | 8.11% | $8,835 | 3.44% | $11,872 |
| Adani Mining | $525,213 | $29,074 | 5.54% | $17,225 | 3.28% | $11,849 |
| Adani Australia | $84,993 | $5,426 | 6.38% | $2,669 | 3.14% | $2,757 |
| Rugby Run | $14,892 | $1,323 | 8.89% | $486 | 3.26% | $837 |
| NQXT (Port) | $23,390 | $1,205 | 5.15% | $795 | 3.40% | $410 |
| All Bravus Units | $1,815,059 | $162,444 | 8.95% | $65,344 | 3.60% | $97,100 |
Every unit saves on a group account
WBT charges 3.5% on original bookings only — no fee on changes. Units with more changes see a lower effective rate (Adani Australia 3.14%, Adani Mining 3.28%). Carmichael Rail alone saves $73K.
One platform, six business units
WBT’s $299/mo platform fee covers the entire Bravus group — all 6 business units, all travellers, full reporting and policy controls. Per-unit WBT fees above are 3.5% of upfront travel only; the single platform fee ($3,588/yr) is included in the group total.
CT’s per-transaction fee model is working against Bravus’s high-frequency, moderate-value travel pattern. A percentage-based model delivers significant savings at this volume.
Simpler pricing
Replace 6 fee types with one transparent percentage. No booking fees, no sector fees, no chargeback fees, no change fees.
Built for volume
Mining operations need high-frequency bookings. A percentage model rewards volume instead of penalising it with per-transaction fees.
Technology-first
Self-service platform for repetitive FIFO routes. Policy compliance, real-time reporting, and visibility across all 6 business units from day one.
Analysis based on 10 months of actual CT data (Apr 2025 – Jan 2026) • All figures ex GST • Annualised projections assume consistent travel patterns • Platform fee assumes single Bravus group account