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$645 million Assistance Package for Taxi Licence Holders in NSW

The NSW Taxi Council has accepted the revised package offered by the NSW Government following late night deliberations with the Board. The decision was made in response to a number of discussions with Taxi licence owners and industry representatives which were held throughout yesterday following the NSW Government's announcement of an increased package for Taxi Licence Owners.


CEO, NSW Taxi Council, Martin Rogers said, “Considering the 7 years that licence owners have already been waiting for compensation, understanding that an independent expert could take up to 2 years to determine a compensation amount and that there are only two weeks left of Parliament before it finishes. The Board of Taxis NSW has made the decision to accept the proposed package from the NSW Government, with the proviso that the payments are linked to CGT (Capital Gains Tax) to minimise Tax payable, as achieved in Victoria.”

The package accepted by the NSW Taxi Council provides $150,000 for every Sydney metropolitan taxi licence holder with a cap of 6 plates. Each regional taxi plate will be paid between $40,000 and $195,000, with no cap on the number of plates.

On 17 November 2022 the NSW Parliament passed the Point to Point Transport (Taxis and Hire Vehicles) Amendment Bill 2022. The Bill provides for a package of reforms to help the point to point transport industry provide more choice and availability of services for customers, in response to the Point to Point Independent Review in 2020. The changes to the law will not take effect immediately, they will start at a future date to be chosen by the NSW Government.

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FINANCIAL ASSISTANCE PAYMENTS TO BE TREATED AS CAPITAL GAINS

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CHEQUES ARE ON THEIR WAY

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OVER 2400 APPLICATIONS 

SUBMITTED & SOCIAL SECURITY 

EXEMPTION RECEIVED

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FINANCIAL ASSISTANCE FOR TAXI LICENCE OWNERS - ALL YOU NEED TO KNOW

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TAXI LICENCE TRANSITION - ALL YOU NEED TO KNOW

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ASSISTANCE PACKAGE AND REFORMS - EVERYTHING YOU NEED TO KNOW

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POINT TO POINT TRANSPORT (TAXIS AND HIRE VEHICLES) AMENDMENT BILL 2022 PASSES IN THE UPPER HOUSE

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TAXI LEGISLATION BILL VOTED ON AND PASSED IN LA

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PEACEFUL TAXI PROTEST

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NSW GOVERNMENT BACKBENCH BLOWS UP AND DEMANDS MORE COMPENSATION FOR TAXI LICENCE OWNERS

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FURTHER DETAILS ON PROPOSED POINT TO POINT TRANSPORT REFORMS, INCLUDING FINANCIAL ASSISTANCE FOR TAXI LICENCE OWNERS

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NSW LABOR DEMANDS ANSWERS OVER REGIONAL TAXI DISPARITY

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NSW GOVERNMENT ANNOUNCES $645M ASSISTANCE PACKAGE FOR TAXI INDUSTRY

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UPDATE ON THE NSW TAXI INDUSTRY MEETING WITH THE NSW PREMIER AND TREASURER

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"THE TREASURER HAS NOT DELIVERED THE PROPOSED COMPENSATION PACKAGE IN THE BUDGET" - MARK BANASIAK MLC

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JOHN SIDOTI - MP FOR DRUMMOYNE SUPPORTS THE NSW TAXI INDUSTRY IN NSW PARLIAMENT

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RAY HADLEY ON 2GB RADIO ON 23 JUNE 2022 SUPPORTING COMPENSATION FOR ALL NSW TAXI LICENCE HOLDERS

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THE NSW TAXI COUNCIL’S BID FOR HIGHER COMPENSATION FOR LICENCE HOLDERS MISSING IN STATE BUDGET

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"THE TAXI PLATES ARE IN A LIMBO" - RAY HADLEY ON 2GB RADIO - 22 JUNE 2022

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ROD BARTON - MLC VICTORIA SUPPORTS FAIR AND PROPER COMPENSATION FOR ALL NSW TAXI LICENCE OWNERS

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‘WE’VE BEEN WIPED OUT’: TAXI INDUSTRY FEELS DUDDED BY NSW BUDGET

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MP'S ADDRESSING THE PEACEFUL TAXI PROTEST AT MARTIN PLACE

Learn More
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"I'M GOING TO BE A BURDEN ON THE FEDERAL GOVERNMENT BECAUSE OF THE PENSION," SAID MR CHOUBASSI OF ILLAWARRA TAXI NETWORK. "THIS [TAXI LICENCE] WAS SUPPOSED TO BE MY SUPERANNUATION BUT NOW IT'S GONE. THAT'S THE FAULT OF THE STATE GOVERNMENT."

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VISIT YOUR LOCAL NSW STATE MEMBER OF PARLIAMENT TO SIGN THE NSW TAXI INDUSTRY PLEDGE

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MP'S WHO HAVE SIGNED THE NSW TAXI INDUSTRY PLEDGE

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"IT HAS BROUGHT A LOT OF HARDSHIP FOR TAXI PLATE OWNERS IN REGIONAL AREAS" - DR JOSEPH MCGIRR, MP

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"HOW CAN IT BE LEGAL TO SEIZE A PERSON'S ASSETS AND PAY UNDER MARKET VALUE FOR THEM?"

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REFORMS UPDATE - 1 NOVEMBER 2021

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GREEK COMMUNITY CONTINUES TO SPEAK OUT AGAINST PROPOSED TAXI LICENCE REFORMS IN NSW

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MP MARK BANASIAK VOWS TO FIGHT GOVERNMENT ON ‘DIABOLICAL’ TAXI REFORMS

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CHRIS MINNS CALLS OUT ‘HEARTLESS’ TREATMENT LEAVING TAXI INDUSTRY HIGH AND DRY

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THIS PLAN COULD DESTROY THE TAXI INDUSTRY IN NSW: RAY HADLEY

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BEN FORDHAM LIVE - CONCERNS RAISED ABOUT THE PROPOSED INADEQUATE ASSISTANCE FOR TAXI LICENCE OWNERS

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NSW TAXI INDUSTRY PROPOSED REFORMS 2021


UPDATE, SURVEY & FACTSHEETS

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NSW TAXI COUNCIL CALLS FOR APPROPRIATE SUPPORT FROM THE NSW GOVERNMENT

CLICK ON LEARN MORE BELOW TO GET FURTHER INFORMATION ON ASSISTANCE FOR TAXI LICENCE OWNERS AND NSW GOVERNMENT ANNOUNCEMENT OF POINT TO POINT REFORMS 2021. 

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"THEY NEED YOUR SUPPORT. PLEASE PAY THEM JUST AND FAIR COMPENSATION NOW" -


MP SOPHIE COTSIS - MEMBER FOR CANTERBURY SPEAKING IN THE NSW PARLIAMENT SUPPORTING A TAXI LICENCE BUYBACK IN NSW

 

WATCH THE VIDEO AND DOWNLOAD A COPY OF THE HANSARD

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"MOST GOVERNMENT, LABOR AND INDEPENDENT MEMBERS OPENLY AGREE THAT COMPENSATION IS A MUST. IT IS
TIME FOR THOSE OPPOSITE TO DO THE RIGHT THING AND SUPPORT FAIR COMPENSATION"

MR. STEVE KAMPER -  NSW STATE MEMBER OF PARLIAMENT FOR ROCKDALE SPEAKING IN THE NSW PARLIAMENT SUPPORTING A FAIR AND JUST COMPENSATION FOR TAXI LICENCE OWNERS IN NSW

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POINT TO POINT INDEPENDENT REVIEW  2020 - REPORT

CLICK ON LEARN MORE BELOW TO READ/DOWNLOAD THE REPORT

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PARLIAMENTARY INQUIRY INTO THE OPERATION OF THE POINT TO POINT TRANSPORT ACT, 2016 - REPORT ISSUED BY THE COMMITTEE RECOMMENDING A TAXI LICENCE BUYBACK SCHEME

CLICK ON LEARN MORE BELOW TO ACCESS/READ THE REPORT

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