The battle between Uber and taxis revs up again

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The cost of owning vehicles has jumped as insurance, fuel, and purchase prices climb, with Uber and taxi groups targeting more customers.

have calculated the average cost to an Australian household of owning and driving a vehicle has reached $364 per week, and is asking whether it’s worth the trouble, particularly in metropolitan areas, for two-car households?

It comes as taxi groups benefit from a return to near normal life as the COVID-19 pandemic fades, with people returning to hospitality venues and attending social functions.which operates the 13cabs network which increased the number of taxis in its fleet by 7.8 per cent to 7364 in the December half, said that fare processing was back to 90 per cent of pre-pandemic levels.Mr Bayliss said Uber’s arrival had pressured the taxi industry to make improvements, and it had done so. Uber has 3.

He said about 95 per cent of Australia’s privately owned cars were sitting idle at any one time, and there needed to be a rethink about the “one car, one person” approach, which had become a given in Australia. A2B said increased fleet numbers and fares were the main reasons for revenue growth of 21 per cent to $72.3 million in the six months ended December 31. Net profit after tax was $3.7 million, compared with a loss of $6.7 million a year earlier.

 

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