News: CAB Cabcharge Australia comments on Queensland government taxi reforms

Aug 11 (Reuters) - Cabcharge Australia Ltd (CAB) :

• Cabcharge comments on Queensland government taxi reforms (CAB)
• The regulatory framework is still to be drafted.
• Cap on service fees of 5 per cent was disappointing, but not unexpected" says

  CEO

• Queensland government is proposing to impose 5% cap (inclusive of gst) on

  what it refers to as `non-cash taxi surcharges' commencing in 2017

• Impact on Cabcharge of a reduction in the level of service fee in Queensland

  may be mitigated by an increase in electronic payments

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