This inquiry was completed in the 58th parliament.

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  1. notes the Commercial Passenger Vehicle Industry Act 2017 came into operation on 2 July 2018;
  2. accepts this legislation is now in operation and that ridesharing services are a legitimate part of the economy;
  3. further notes that —
  1. the Andrews Labor government began issuing licences for the nominal fee of $52.90 and at 31 January 2019 licences issued increased to 11,807 taxi licences and 50,152 hire car licences
  2. the Andrews Labor government paid compensation of $100,000 per licence for the first licence and $50,000 each per licence for three subsequent licences to a maximum of $250,000 and a $1 levy per trip was raised, to cover transition cost; 
  3. the ‘fairness fund’ was established to support the many cases of severe hardship;
  1. acknowledges that the High Court has found taxi licences to be property; and
  2. requires that the Economy and Infrastructure Committee meet within 14 days of its establishment* to review the government’s CPV (Commercial Passenger Vehicle) reforms, and subsequently report within six months after the committee first meets regarding the operation of the CPV reforms and investigate further reforms to ensure Victorians benefit from the best functioning CPV industry possible.
 * The reporting date for this inquiry has been changed to 28 November 2019