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The Taxi industry in Australia is anachronistic, protectionist, inefficient and expensive. Taxi Licences were artificially limited and their resale value rocke
by mmerlin 7y ago
The Taxi industry in Australia is anachronistic, protectionist, inefficient and expensive.
Taxi Licences were artificially limited and their resale value rocketed over time from 10's of thousands to many 100's of thousands. That trend has well and truly reversed with Uber, GoCatch, Didi etc the preferred choice for consumers, due to cleanliness, timeliness, reliability of service, information empowerment, etc
Taxi Licensees face enormous regulatory inefficiencies where they are only allowed to start a journey in their demarcated district.
If they end a journey outside of their licenced region, they cannot pick up a new passenger (if they flaunt this rule they can be slapped with $1000 penalty)
This results in drivers who have each travelled outside their licensed region, passing each other on the return journey with empty cabs driving back to the area where they are allowed to pick up a new passenger.
Taxi fares from a consumer standpoint are approximately 30% extra (anecdotally) and the service and quality of the cars varies wildly from great to terrible.