From Deloitte comes confirmation of what we already know: that Uber’s ridesharing service has been a big win for Aussie consumers:
Uber’s ride-sharing service in Australia is delivering benefits to consumers worth more than $80 million a year, a report shows…
In August 2015, 1.2 million UberX rides were completed in Melbourne, Sydney, Brisbane and Perth…
The report, Economic Effects of Ridesharing in Australia, examined the impacts of what it described as the “new ride-sharing economy”.
Deloitte Access Economics attributed the rise in the number of people using the service to cheaper prices and shorter waiting times.
The report examined UberX trips in August 2015 and found the services were, on average, 20 per cent cheaper than the equivalent taxi fare, including its “dynamic” pricing (when consumers pay substantially more for the services at peak times).
The report found the average waiting time for an UberX was 4.46 minutes, compared with 7.79 minutes for taxis…
“There are a range of other benefits, which can be hard to quantify but we’ve had a go at in this report,” he said.
“From greater reliability, more availability of services, and people just liking participating in the sharing economy.”
Uber has so far been legalised in the ACT and New South Wales, with Western Australia soon to join.
Over to you Victoria, Queensland, South Australia and Tassie. What are you waiting for?
