Uber passengers to begin paying AU 100m taxi compensation

ZDNet 

Taxi drivers in New South Wales will now be compensated by ride-booking passengers, after the state government passed legislation Wednesday night that will see paid drivers collect an additional AU 1 from customers. The AU 1 levy forms part of a compensation scheme for taxi drivers that have been affected by the NSW government's point-to-point transform reform. The compensation and industry adjustment package is valued at AU 250 million including AU 20,000 up-front payments for licence plate holders with up to two licences, and the creation of a hardship panel to assess further compensation claims. Of that, AU 150 million will come from government while the remaining AU 100 million will be paid for by the temporary AU 1 levy. "Nowhere else in the world have we seen such a generous compensation package to assist industry adjustment when it comes to the taxi industry; nowhere else in the world have we made available the capacity for the transport economy to evolve like we're going to see," Transport Minister Andrew Constance told reporters on Thursday.