RAND Europe were commissioned by the Bureau of Transport Statistics of Transport for New South Wales to re-estimate the travel demand model components of the Sydney Strategic Transport Model (STM). Two reports have been produced by RAND Europe during the course of this study: a) this licence, car ownership and frequency modelling report; b) a separate mode-destination modelling report. In this report, we discussed: (i) the disaggregate licence holding and car ownership models, which have been re-estimated to reflect the 2006 base year. The model specifications have also been updated. (ii) the cohort licence projection procedure, which has been updated to reflect the 2006 base year, and now projects forwards to 2041; and (iii) the tour frequency models for the seven home-based tour purposes, and two non-homebased purposes, have been re-estimated.