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Transport for NSW is leading a review of changes made in 2022 to the taxi licensing framework.
The Point to Point Transport (Taxis and Hire Vehicles) Act 2016 was amended in late 2022 to change the way taxis are regulated in NSW. The changes aimed to deliver more choice for customers by freeing up the supply of taxi licences and eliminating the costs of buying and leasing licences. The changes also aimed to allow licence supply to more readily match demand, and support cheaper, more competitive taxi fares.
The main change was to make taxi licences available on application for a $200 fee, renewable annually, with no limit on the number of licences available and no restrictions on where a taxi can operate. Previously, most taxi licences were privately owned and traded, with only limited numbers of new licences issued, and every taxi licence had a restricted area of operation. As a result of the changes, old licences were abolished, making taxi licences more available.
The 2022 amendments included a requirement to review the extent to which the provisions are achieving their policy objectives, after two years of operation.
