The Hobart taxi industry : an evaluation

This study investigates the regulation of the taxi industry in Hobart. The economic rationale behind the present control of the industry is questioned. The amendments to the Tasmanian Traffic Amendment (Public Vehicles) Act 1983 have provided a different brand of taxi industry regulation compared to those in other areas of Australia. The study reviews the factors which led to the 1983 Traffic Amendment Act reforms and concludes that on economic grounds further changes are justified. Chapter 1 outlines the programme of investigation. Chapter 2 presents a background on factors which have led to the existing system of regulation and identifies problems with the existing system. Chapter 3 considers whether regulation is required and the effects of controlling both fares and the number of taxis. Chapter 4 describes the existing tariff structure and proposes a peak load pricing solution for the demand conditions found in Hobart. Chapter 5 proposes new directions for the industry based on the findings of earlier chapters.