Parliament of NSW - Upper House Committee Recommends Taxi Licence Buyback Scheme

The NSW Taxi Council is pleased to inform its members and the stakeholders of the NSW Taxi Industry that the Parliament of NSW - Upper House Committee - Portfolio Committee No. 6 on Transport and Customer Service has published its report on the Inquiry into the operation of the Point to Point Transport (Taxis and Hire Vehicles) Act 2016 today.

The report concludes that the financial assistance offered to the Taxi industry following the entry of rideshare services into the point to point transport market and the subsequent reforms has been insufficient and the committee has recommended that the NSW Government develop and implement a Buyback Scheme for the NSW Taxi industry.

The Committee has released its report as well as a press release to the public for the announcement.

Please see below the links to the Media Release and the report published by the Committee-

The Press release - Click here to View/Download

The Report - Click here to View/Download

Overall, the report consists of 4 significant findings and 18 recommendations for the Point to Point Transport Industry in NSW.

Please note: The Parliamentary Upper House inquiry Report released today is separate to the Point to Point Transport Independent review report.

We are still awaiting the report for the Point to Point Independent Review 2020 (conducted by Ms Sue Baker-Finch) from the NSW Government.

For further information on the timeline, submissions, reports and other important information regarding the Inquiry into Operation of the Point to Point Transport (Taxis and Hire Vehicles) Act 2016 conducted by the Parliament of NSW, please click here to visit the Parliament of NSW website.

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