Point to Point - Industry Assistance
The NSW Government is mindful of pressures being experienced by the taxi and hire car industries in many parts of NSW following the point to point transport reforms, and is delivering on its commitment to provide industry adjustment assistance to people like taxi and hire car licence holders impacted by the reforms.
Up to $142 million in additional assistance is now available to target those detrimentally impacted by the reforms and in financial hardship. More information on the Additional Assistance Payment Scheme (AAPS) is available here.
The Minister for Transport and Infrastructure has also approved funds from the initial Transitional Assistance Payment (TAP) Scheme be used for a second round of payments under a Transitional Assistance Payment Phase 2 (TAP-P2) Scheme. This will enable payments to be made to certain eligible taxi licence holders who did not receive a transitional assistance payment but who the Taxi and Hire Vehicle Industries Assistance Panel recommends should be considered for an equivalent payment, as well as eligible taxi training schools that provided training courses to the taxi industry. If an eligible licence holder has received the maximum TAP for two eligible licences, or they only had one eligible licence for which they were paid, they cannot apply for TAP-P2. For further information on the TAP-P2 Scheme click here.
The Transitional Assistance Payment (TAP) Scheme, the initial stage of the NSW Government’s $250 million taxi and hire vehicle industries adjustment assistance package, was set up to assist eligible taxi licence holders adjust to the point to point transport industry changes. The TAP successfully distributed over $92 million to eligible taxi licence holders, representing some 4,000 eligible licence holders. Recognising that hire car licences are no longer required, a further $8.3 million was paid to eligible hire car licence holders through the Additional Assistance Hire Vehicles Payment (AAHVP) Scheme.
Translated information on the AAPS is available here.
The final piece of the $250 million taxi and hire vehicle industry assistance package is now open, with $142 million available for industry participants facing financial hardship.
The AAPS opened on Monday 2 July 2018 and will close on Monday 1 October 2018. No late applications will be accepted.
Further information on the AAPS is available here.