The People Refute the NSW Taxi Reform
Toni Peters - Editor, Drive Now Magazine
Taxi Licences were once considered to be a perpetual asset (the same as a house) by the highest court in the Australian judicial system. Now, in most Australian States, they are worthless.
How on earth has it come to this? Well, it simply dumbs down to one word - Uber
I will explain. When Uber invaded Australia in 2012, the States’ and Territory's’ governments did nothing of substance to get them out, even though they were operating illicitly. After Uber infiltrated the Australian transportation industry, taxi licence values all around Australia began to depreciate. Don’t believe