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New Transport Reforms Come to Penrith


Stuart Ayres MP, Member for Penrith today announced an industry briefing will take place in Penrith to work with local taxi, hire car and other transport operators on the NSW Government’s recent reforms.
The NSW Government released its response to the Point to Point Taskforce on 17 December 2015, and outlined an ambitious reform program to cut red tape from the taxi industry and regulate new booking services like ride sharing.
The event will be held on Friday, 26 February 2016 at Penrith Panthers at 10am.
Stuart Ayres said the reforms will help create a sustainable and modern point to point transport industry.
“These reforms will reshape the point to point transport industry including taxis, hire cars and ride share vehicles in Penrith to meet customer demand for lowers fares, shorter waiting times and more innovative services.
“Our community and the industry will benefit from these new opportunities, but it’s important that we work with the industry to adjust to this new environment,” Stuart Ayres said.
“We are putting in place a $250 million industry adjustment package to help taxi plate owners and the broader industry adapt to the reforms.”
Once passed by Parliament, the $250 million industry adjustment package includes:
• $98 million for payments of $20,000 per licence, for up to two licences, for owners who bought their plates before 1 July 2015;
• $142 million for taxi licensees facing hardship as a result of the changes; and
• Up to $10 million for perpetual hire car licences owners.
“We’re working hand in hand with industry bodies and the NSW Taxi Council to speak directly with their members about these changes and what it means for them,” Stuart Ayres said.
“The Office of the NSW Small Business Commissioner will also be present at our stakeholder events to provide small business advice in the interim and collect details of interested parties for further assistance in the future.”
For more information about the reforms or regional events go to:


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Stuart Ayres - Member for Penrith

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