Uber, not mass immigration, blamed for traffic gridlock

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With Melbourne’s population having soared by around 600,000 people over the past five years:

And the city turning into one giant construction site, a Victorian parliamentary committee is trying to pin the blame for Melbourne’s growing congestion on ride sharing services like Uber:

The growth of ride-share vehicles since Victoria’s taxi industry was deregulated two years ago has been blamed for worsening gridlock in Melbourne’s CBD…

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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.