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Taxi Hardship Fund Open For Those Hardest Hit By Liberal Reforms

19 November 2015

The Andrews Labor Government has delivered on another key election commitment, with the opening of the Taxi Reform Hardship Fund.

Minister for Public Transport, Jacinta Allan, used the third meeting of the Ministerial Taxi and Hire Car Forum today to announce that applications are now open for the $4 million fund to assist taxi licence owners experiencing severe financial distress as a result of reforms following the 2012 Taxi Industry Inquiry.

Former Transport Accident Commission CEO, Janet Dore, has been appointed Chair to administer the fund and will assess applications, supported by a team of externally appointed auditors.

Eligibility criteria for the fund and the application form were developed by externally appointed financial auditors and Ms Dore, following stakeholder consultation.

Perpetual taxi licence owners who meet the eligibility criteria, and can demonstrate severe financial distress as a result of the reforms, may be eligible for payments from the fund.

Applications for the fund are now open, and will close on Friday, 12 February 2016. The Chair and auditing team will determine payment amounts for eligible applicants once applications for the fund close.

An information session about the fund and the application process will be held on Monday, 7 December in the CBD. To register for the session, email taxireform.hardshipfund@ecodev.vic.gov.au.

The application form and further information about the Taxi Reform Hardship Fund is available at economicdevelopment.vic.gov.au/taxi-reform-hardship-fundExternal Link .

Quotes attributable to Minister for Public Transport, Jacinta Allan

“The Taxi Reform Hardship Fund will support those licence holders hardest hit by the former Liberal Government’s agenda.”

“I encourage taxi licence owners to apply through the fund, which will go to those most in need of financial support.”

“The Andrews Labor Government is working closely with the taxi industry and passengers to deliver better services for all Victorians.”

Reviewed 10 February 2021

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