Cabcharge in hypocritical attack against Uber

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By Leith van Onselen

Russell Balding, the Chairman of one of Australia’s biggest rent seeking companies, Cabcharge, has hypocritically attacked Uber’s ridesharing service, Uber-X, calling for a government crackdown on the grounds that it is both “dangerous and illegal”. From ABC’s The Business (video above):

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.