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.
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.