Uber move frustrates taxi driver
AT 68, Peter Anderson can't face starting life again.
But that's what the Rockhampton taxi driver believes he'll have to do following a decision from the Queensland Government to legalise ridesharing app Uber.
It's a move Peter said would de-value his cab business, which required a licence costing $250,000.
"All my superannuation, all my savings went into the purchase of a taxi licence,” he said.
On Thursday, the Palaszczuk Government announced they would reform the taxi, limousine and ride-booking services.
Uber and other ride-sharing services will now be legal for drivers with a valid authorisation and safety inspected vehicle.
But Peter is worried about other changes to regulation including the removal of age limits on vehicles used as taxis.
"The government is effectively taking the industry back about 25 years before we had regulation,” he said.
"The regulations are all about protecting the customer and providing a transparent service that is accountable.”
Although the government will offer licence holders $20,000 per licence, capped at two licences, as compensation, Peter said this wasn't good enough.
"All my savings went into the purchase of this licence and now it's worth nothing,” he said.
However, transport minister Stirling Hinchliffe has said the changes will open the market to create competition and encourage new service offerings.
"More competition will encourage new and innovative service offerings, ultimately growing the market for personalised transport across the state and supporting our economy,” he said.