The ACT was Uber's first Australian market, but is that market working well?

By The Canberra Times
Updated April 24 2018 - 9:28pm, first published September 24 2017 - 10:04pm

Canberra's taxi industry is not dead, though it's unlikely to last much longer. When the ACT government welcomed ride-share business Uber into this city two years ago, it sealed the fate of the old-fashioned "rank and hail" service. Uber's operating model is far more efficient than the taxi businesses it is rapidly replacing: its passengers pay less (most of the time, at least) and vehicles arrive to pick them up sooner (again, most of the time). Perhaps more importantly, Uber's far simpler model means drivers receive a greater share of the fare.

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