Industry Analysis & Industry Trends
Taxis and other industry vehicles provide road passenger transport services. The Taxi and Limousine Transport industry complements public transport and private vehicle transport by providing flexible door-to-door transport to consumers. Taxi services dominate the industry and are heavily regulated. State governments determine the number of taxis on the road, the fares they can charge and the structure of the industry. Niche industry segments provide disabled taxi and wedding transport services, while private hire vehicles offer a more luxurious travel experience to customers who seek them out. The industry's services are mature and well accepted across nearly all areas of Australian society... purchase to read more
Industry Report - Starting a New Business Chapter
The barriers to entry in this industry are largely determined by regulation and vary according to the role of the participant. Although this regulation has created complicated industry structures in areas with large population, regulation is unlikely to be wound back due to the influence of existing stakeholders and voter perception that governments should intervene in the industry to ensure passenger safety.
To qualify to drive a taxi, hire car, luxury sedan, limousine or special occasion vehicle, individuals have to pay for training and register with state authorities, as well as have a driver's licence. Depending on the state, they may have pass assessments of their English or geographic knowledge... purchase to read more