Transport for NSW today announced 62 unrestricted annual taxi licences will be released in Sydney during the 2017-18 financial year.
Under the Passenger Transport Act 1990, Transport for NSW determines the number of annual taxi licences to be released in Sydney by 31 March each year.
The 62 licences that will be released are existing ones that have been returned to Roads and Maritime Services or have expired.
In November 2015, the Point to Point Transport Taskforce recommended there be no overall increase in the number of taxi licences in Sydney, excluding wheelchair accessible taxi licences.
The NSW Government accepted this recommendation as a way of providing surety and stability to licence holders during a time of significant changes to the point to point environment.
At the same time, taxis remain an important part of our transport system. Replacing licences that have expired or were not renewed strikes the right balance between making sure taxis are still out there picking up passengers and supporting the industry.
Point to Point Transport Commissioner Barbara Wise will issue the licences under two separate sealed tender processes during 2017-18.
More details about how and when the tenders will be conducted will be released once the Point to Point Transport (Taxi and Hire Vehicles) Act 2016 has fully commenced.
Wheelchair accessible taxi licences continue to be available on application through RMS.