In all states that have legalised the ride-sharing app Uber, the response has been to offer compensation to taxi drivers. This is a typical move by governments that are liberalising long-standing, regulated monopolies. But the amount of compensation is far from fair and the process has been poorly implemented.
There’s a A$2 levy on each ride (that will vary according to the operator), proposed to provide compensation in the order of $378 million. There is also a $75 million allocation from the levy for a fund for those hit hardest by the reforms.