What do Australians mean when they use 'concession'?

Question

Ex. Purchase tickets from the Best of Souvenirs counter downstairs in the Melbourne Visitor Centre. Adults $12 Concession $10 (seniors/students – present valid identification) Children $6 (12 years and under) Includes a free tea/coffee with each tour ticket purchased!

Answer 1

You answered your own question in that example. I'm from Australia. A concession price is often given to seniors, students, pensioners, unemployed, etc.

We like to try to make sure that people who can afford full price pay full price, and people who might be a little strapped for cash get a discount.

Answer 2

If you are unemployed and on a Social Security payment you are given a Health Care Card or Penison Card. Or if you are a student you are given a student card. And if you are a senior and have low income and assets you can apply for a Seniors card. These are all concessions. Which means they get discounts.

Answer 3

It means a price discount for a certain category of person.

Answer 4

Concession.. Well, its pretty much a discount.  Students, get concession.. Because most likely, students need to use public transport alot to get to school/uni/college so they get discounts so it doesnt cost so much everyday.

People who are 16+ have to pay full price tickets (adult).