The SMH reports that Macquarie Bank and Linfox are very keen to help the disabled. They’re very concerned that the disabled must often wait for twenty minutes for a cab. So they’re stepping into the breach with a veritable fleet of wheelchair enabled taxis. Their angle? Taxis are rationed. You need a ‘taxi plate’ to put a taxi on the road. In Sydney their scarcity rent is around $300,000.
But the licence for a wheelchair accessable taxi is $1,000.
The owner of a vast share of the Sydney taxi plates available who also runs the extortionate ‘Cabcharge’ card that charges customers 10% of each purchase, is ‘furious’ as well he might be. He reckons it’s not fair – that’s the way all industry incumbents feel about newcomers. But it will be fun to watch him prosecute his case to prevent more help for the disabled finding its way onto the road.