CAB 2.67% $2.19 cabcharge australia limited

Some ppl read too much Sci-Fi. Driverless taxis wont appear in...

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    Some ppl read too much Sci-Fi. Driverless taxis wont appear in Australia in any meaningful numbers
    for about 10 years. Uber's order of driverless Volvos, which don't actually exist yet (but admittedly will within around 4 years. They haven't, btw, even perfected Class 3 autonomous vehicles - what makes you believe they'll hop to the required Class 5 in that short time?)

    A classic PR move and some have fallen for it hook line and sinker.

    4 seater drones competing with regular taxi fares? What drug are you on? A drone is more than likely to cost 5 to 10 times the price of a car. Forgetting about the laws/regulations that will be needed to allow such a thing, who do you think is going to pay for that capital? Yes, all possible, and likely, but not in the next 10 years. [as an aside, I recall when the helipad was installed on the Yarra in Melbourne to fanfares about a cheap 10min shuttle to Tullamarine. Went bust within a month. Not a dissimilar story.]

    Of course it will happen, but not in the timeframe that ppl think, and companies like Uber and Google want to make you believe!

    No, the real issue with CAB is that they're not evolving. The bigger immediate threat is actually banking disruptors. CAB, as much as Uber, can always buy a fleet of new technology vehicles, but when anyone can slip a card reader onto their phone, why go through CAB?
 
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