Fair and equitable compensation for taxi plate owners.

Uber launch saw start of Sydney taxi plate price tumble, NSW State Government to blame.

Uber launched in Sydney in 2012, but was only legalised in 2015. Retirement funds are now gone. NSW State Government to blame.

The average price of taxi licences in Australia’s most populous city has fallen below half of what it was at the launch of ride-booking app Uber.

NSW Government data shows Sydney licences in February were worth, on average, $200,000, down from $406,000 in October 2012.

Sydney cabbie Wladislav, 63, who has driven taxis for 33 years, said he and other licence owners were angry and blamed the State Government for not stepping in.


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