$100 million industry adjustment assistance package (QLD)

Parliament green lights expanded assistance package for taxis and limousines

Queensland’s taxi and limousine licence holders and operators will be able to apply for financial assistance this month, after the Parliament passed legislation to green light the roll out of the Palaszczuk Government’s $100 million industry adjustment package.

Transport Minister Stirling Hinchliffe said the package – funded without a tax on taxis – will deliver financial assistance to help licence owners and now taxi operators adjust to the new regulatory framework. For more information (source) >>> Parliament green lights expanded assistance package for taxis and limousines

Transitional assistance payment
$60 million will be provided in transitional assistance for taxi and limousine service licence holders to help them adjust to a more competitive market. Licence holders will receive a payment of:

  • $20,000 per taxi service licence, capped at two licences per holder.
  • $10,000 per limousine service licence (excluding Special Purpose Limousines).

Only taxi and limousine licence holders who held a licence on the date of announcement (11 August 2016) will be eligible to receive transitional assistance. For more information (source) see >>> Industry adjustment assistance

 

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