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Cost of doing Uber about to skyrocket

Discussion in 'Sydney | Uber Drivers Forum' started by mule, Apr 13, 2017.

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Will Uber increase rates to cover the CTP price hike

  1. Yes

  2. In your dreams

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  1. mule

    mule Member

    If it wasn't already unprofitable enough after Uber's commission, the price of CTP insurance for ride sourcing drivers is about to go up according to a recent email from Uber.

    "As part of the NSW Government's ongoing transport reforms, some changes to ridesharing regulations will likely be introduced later this year, including some minor changes to CTP insurance for ride-sharing vehicles. We'll keep you posted on any changes that may affect you as soon as we know more. For now, it's business as usual!"

    The only upside is that the extra costs may send a few more Uber drivers bankrupt so there will be less ants on the road to compete with.
     
  2. Riders Champion

    Riders Champion Well-Known Member

    Lol @ the upside!!!
    If you're not a full-time driver then you will go bankrupt. Uber's whole part-time driver focus will have to shift.
     
    eXploitation likes this.

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