Industry Analysis & Industry Trends
The Australian Taxi and Limousine Transport industry is heavily regulated, with state governments determining the number of taxis on the road, fares they can charge and structure of the industry. Hire cars, limousines and wedding cars are moderately regulated, with state governments determining the number of these vehicles on the road and operating conditions. Over the five years through 2012-13, revenue is estimated to have grown at an annualised 1.7%. In 2012-13, revenue is expected to grow by 0.3% over the year to reach $4.91 billion.
Flush consumers and businesspeople supported industry revenue growth in the years leading up to the global financial crisis... purchase to read more
Industry Report - Industry Locations Chapter
Establishments in the industry are defined as separate business entities that primarily operate taxis, hold taxi licences, manage booking and call centres for the industry, provide maintenance and other support services.
The more populated states tend to have a greater number of taxis, with larger hubs of commerce and tourism having the highest concentrations. The number of taxi licenses available is regulated at a State Government level. The number of taxis in the industry is determined by regulation rather than actual level of demand.
New South Wales has the highest number of operators in this industry. According to ATIA (Australian Taxi Industry Association), NSW houses approximately 7,009 taxis as of December 2011... purchase to read more