DOCSLIB.ORG

Connecting You with People and Places

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Connecting You with People and Places C C CABCHARGE ANNUAL REPORT 2016 REPORT CABCHARGE ANNUAL ANNUAL REPORT CONNECTING YOU WITH 2016 PEOPLE AND PLACES CABCHARGECABCHARGE 2016 ANNUAL 2016 ANNUALREPORT REPORT AnnualAnnual General General Meeting Meeting The 2016The Cabcharge 2016 Cabcharge Australia Australia Limited Limited Annual Annual GeneralGeneral Meeting Meeting will be heldwill be on held Thursday, on Thursday, 24 November24 November 2016 at 2016 11am at (AEST) 11am (AEDST)in the in the HeritageHeritage Ballroom Ballroom at The Westinat The WestinSydney, Sydney, 1 Martin1 Place,Martin Sydney,Place, Sydney, NSW 2000. NSW 2000. ABN 99ABN 001 99958 001 390 958 390 ConnectingConnecting YouYou with with People People andand Places Places Our visionOur vision is to is be to Australia’s be Australia’s leading leading personal personal transport transport business, business, the the firstfirst choice choice for Passengers,for Passengers, the thepreferred preferred network network for Drivers,for Drivers, the thedesired desired paymentpayment partner partner for industry for industry participants participants and andthe employerthe employer of choice of choice in the in the personalpersonal transport transport sector. sector. CabchargeCabcharge is investing is investing to fulfill to fulfill this thisvision vision and andour overarchingour overarching purpose purpose of Connectingof Connecting You withYou withPeople People and andPlaces Places. We. areWe determinedare determined to capture to capture opportunitiesopportunities in the in personalthe personal transport transport market market and andprovide provide leading leading service service and andcustomer customer experience. experience. In ourIn changingour changing industry industry there there is considerable is considerable scope scope for growth. for growth. We startWe start fromfrom a position a position of strength of strength and andexperience experience and andare focusedare focused on leveraging on leveraging our uniqueour unique capabilities capabilities to build to build on our on sustainableour sustainable competitive competitive advantage. advantage. 16060 Cabcharge_AR16_PPV1.indd 4 5/10/2016 3:43 PM PRE-PRESS PROOF Version: PPV1 Approved: Client: Cabcharge Job Name: Annual Report Date: 10/10/16 1 02 About Us 04 What we have achieved in FY16 06 Chairman’s Report 03 Key Financial Numbers 08 Chief Executive Officer’s Report 10 Opportunities for Growth 12 12 – Operating Financial Review 24 – Board of Directors 26 – Executive Team 27 – Corporate Governance Statement 39 – Directors’ Report 44 – Remuneration Report 59 – Auditor’s Independence Declaration 60 61 – Consolidated Financial Statements 97 – Directors’ Declaration 98 – Independent Auditor’s Report 100 – Additional ASX Information 101 – Corporate Directory 2 CABCHARGE 2016 ANNUAL REPORT About Us PAYMENTS Cabcharge facilitates non-cash payments in taxis via our electronic terminals. Our payments business has been operating successfully for 40 years, and remains at the forefront of cashless payment technology through continuous improvement and innovation. Cabcharge offers Passengers a convenient, fast and secure method for fare payments via a range of payment options. TAXI NETWORKS Cabcharge is the largest taxi booking and dispatch service provider in Australia. With an emphasis on delivering quality services and technological innovation, Cabcharge provides INVESTMENTS leading Taxi Network services Cabcharge holds a 49% to Taxi Operators and Drivers, investment in ComfortDelGro including taxi booking services, Cabcharge Pty Ltd (CDC), full taxi fit-outs and repairs, Australia’s largest private vehicle financing and insurance, bus operator. CDC provides and Driver training and route, school and charter bus education. There are almost services in Sydney, the Hunter 7,500 taxis in the Cabcharge Valley, Blue Mountains and network that operate in Sydney, Queanbeyan in New South Melbourne, Adelaide, Newcastle, Wales, and in Melbourne, regional Victoria and the Geelong and Ballarat in Victoria. Northern Territory. Cabcharge also holds a 49% interest in CityFleet UK, a provider of account, booking and dispatch services for taxis and private hire vehicles in London, Liverpool, Edinburgh and Aberdeen, and coach services in London. 3 Revenue $169m 10.2% on PCP Underlying EBITDA $58.6m Excluding normalisations: $42.7m Underlying NPAT 22.8% on PCP $43.6m Excluding normalisations: $25.6m 23.4% on PCP Revenue ($m) 2012 192 2013 197 2014 197 2015 188 Net Debt $96.6m 2016 169 Reduced by $7.7m on pcp Underlying EBITDA ($m) Cash Conversion Ratio Net Debt / Equity 24.8% 2012 89 2013 86 85% 2014 84 High cash flow generation to facilitate debt reduction and 2015 76 paying sustainable dividends 2016 59 Net cash from operating activities ($m) 2012 70 2013 70 2014 58 2015 50 Final Dividend 2016 47 10c Dividends per share (cents) Per share fully franked 2012 35 Full year dividend of 20 cents per share, consistent with FY15 2013 30 2014 25 2015 20 2016 20 4 CABCHARGE 2016 ANNUAL REPORT What we have achieved in FY16 We have made INTEGRATING NETWORKS COMMITTING TO A KEY BRAND Restructured workforce, Rebranding of Newcastle Taxis significant consolidated contact centres to 13CABS, with operations and standardised dispatch in Adelaide, Melbourne and progress on our and phone systems Newcastle now aligned under strategic priorities common branding Marketing campaigns undertaken to increase brand recognition Personal Transport Just as the Cabcharge of today is a different Company from 10 years ago, the market in which we operate has transformed. New business models, changing regulatory frameworks and renewed Passenger expectations have resulted in blending discrete segments into one much larger market – the personal transport market – with Passengers choosing from a range of transport solutions for each trip. This market includes both public and private transport as well as taxis and ridesharing (“private paid transport”). In this market in which Cabcharge now operates, there is considerable opportunity for growth given that private paid transport currently represents less than 1% of the entire personal transport market. Looking ahead to FY21, population growth is expected to contribute to an increase in the personal transport market to 27.6 billion trips per annum. Private paid trips are expected to comprise approximately 255 million of those trips. Given the changes to personal transport and its regulation and operation, as well as underlying demand growth, there is a significant opportunity for Cabcharge to gain market share in the personal transport market. Australian Transport For Cabcharge this opportunity presents in terms of both the volume of trips and the types Market Size1 and volumes of payments that we process. As shown in the chart below private paid transport Number of trips currently has a small share of the overall market and any increase in this share will provide taken per annum substantial opportunities for Cabcharge. in Australia 30 1 Excluding non-motorised transport 0.3 0.2 25 0.2 4.4 3.7 3.0 20 15 22.9 PRIVATE PAID TRANSPORT 21.6 10 19.7 PUBLIC TRANSPORT TRIPS 5 PRIVATE VEHICLE TRIPS Billions 0 FY02 FY12 FY21 Source: extrapolation of NSW bureau of transport statistics (release 11 Jul13) and ABS population growth assumptions of 1.4% per annum. 5 LINKING BOOKINGS LOOKING AFTER OUR CUSTOMERS + PAYMENTS Drivers can now call Passengers on Bookings linked to approach, enhancing certainty of payments through our service for Passengers apps as well as through Improvement in passenger pick-up payment services for some times by 26 seconds in NSW of our Merchant Partners SUPPORTING OUR MERCHANT PARTNERS Installed FAREWAYplus and updated pinpad in over 18,000 taxis in Australia, supporting a better payment experience for Drivers and Passengers CAPITAL MANAGEMENT Following a capital management review we identified non-core assets to dispose of including our Riley Street premises and shares held in ComfortDelGro 6 CABCHARGE 2016 ANNUAL REPORT During the year we also managed Chairman’s Report to reduce borrowings by a further $18.5m (14.5%) to $109.7m. The industries in which Cabcharge operates Notwithstanding the positive aspects have always been competitive. We welcome of our performance in FY16, we are embracing regulatory change competition because it broadens the scope and so as to ensure our business model evolves at pace within the size of the personal transport services sector. environments of digital expansion and disruption. The Company continues to innovate and leverage its technology expertise and transform into a more customer focused organisation. We have RUSSELL BALDING AO rolled out our new payment system Chairman FAREWAYPlus to taxis throughout Australia, unified our technology platforms, consolidated our key brands and developed and acquired The 2016 Financial Year continued However, our underlying complementary businesses like to see the Australian taxi industry performance in FY16 demonstrates Dandenong Taxis to extend the impacted by further regulatory that in the face of aggressive scope of our service offering. We change that, in the main, reduced regulatory change and competition, have achieved all this while returning both our payment processing fee for Cabcharge continues to be a highly consistent solid dividends for non-cash taxi transactions as well as cash-generative business able shareholders and strengthening our the holding value of our taxi licences. to invest in its future growth and balance sheet. In recent times, the Queensland,
Load more

Recommended publications
  • Australian Taxi Industry Association (ATIA) Is the National Peak Representative Body for the Taxi Industry in Australia
    26 May 2015 Mr Patrick Boneham General Manager Small Business, Competition and Consumer Policy Division The Treasury Langton Crescent PARKES ACT 2600 By email: [email protected] Dear Mr Boneham, RE: 2015 COMPETITION POLICY REVIEW FINAL REPORT The Australian Taxi Industry Association (ATIA) is the national peak representative body for the taxi industry in Australia. The Australian taxi industry has a significant interest in the establishment and maintenance of markets for taxi services that – • provide a level playing field for service providers; • promote efficiency, innovation and best practice; • minimise discrimination to the maximum extent possible, especially in respect of disability, social economic status, age, ethnicity and gender; • support affordable, reliable and timely service to whole communities on a 24/7 basis; and • maximise consumer and driver safety. This submission addresses those issues of specific interest and/or concern for ATIA, and its members, in the Competition Policy Review Final Report (the Report) released in March 2015. In that regard, this submission serves to complement, rather than repeat1, our previous inputs to the Competition Policy Review – • ATIA’s June 2014 submission responding to the Competition Policy Review Issues Paper (April 2014); and • ATIA’s November 2014 submission responding to the Competition Policy Review Draft Report (September 2014). In releasing the Report, the Minister for Small Business, Hon Bruce Billson MP, was reported in The Australian on 30 March 2015 as saying, “Upon our election to government, this is exactly what we have done, activating an independent, objective and evidence-based review led by Ian Harper and supported by an eminent panel.”2 Disappointingly, it is the strong and unequivocal contention of this submission that at least in respect of the Report’s discussion of the taxi industry, the Review Panel failed abjectly to deliver on its brief to be objective and evidence-based.
    [Show full text]
  • ANNUAL REPORT ANNUAL Annual Report VISION STATEMENT ATIA LIFE MEMBERS
    Australian Taxi Industry Association 2016 ANNUAL REPORT Annual Report VISION STATEMENT ATIA LIFE MEMBERS Enhancing the mobility and well- 1976 N. S. Lake being of the Australian community. 1986 C. H. Dwyer OAM We do this through efficient, safe, reliable, on-demand, door-to-door 1988 R. L. Kermode AM, MBE services. 1988 F. A. Lang KEY STRATEGIES 2014-2017 1988 N. P. Hawke 1. Strengthen the ATIA’s value proposition to member State 1990 K. K. Lambert OAM Associations / Councils. 1993 J. W. Kagan 2. Enhance ATIA’s government relations to promote effective 1995 J. L. Bowe advocacy for the taxi industry. 1998 R. W. Morrow 3. Build strategic alliances at the national and international 1999 A. J. Goodridge levels. 4. Enhance ATIA’s public image 2001 K. B. Foley and peak body profile. 2002 J. J. McKeough OAM 5. Develop infrastructure to support ongoing development 2006 W. Sievers OAM and implementation of ATIA’s strategic plan. 2009 H. J. Harrison 2013 N. D. Sach 2015 B. Wilkins 2016 K. Hancock Australian Taxi Industry Association Ltd ABN 45 008 664 980 PO Box 1388 North Lakes Qld 4509 p: (07) 3339 3196 f: (07) 3054 7227 www.atia.com.au TABLE OF CONTENTS TABLE OF CONTENTS ............................................................................................... 1 NOTICE OF ANNUAL GENERAL MEETING ............................................................... 2 ATIA PRESIDENT’S REPORT ..................................................................................... 3 ATIA CEO’S REPORT .................................................................................................
    [Show full text]
  • Australia Business Travel Guide
    Australia Business Travel Guide Compiled by: Consulate General of Switzerland in Sydney Sydney, June 2021 ARRIVAL AND DEPARTURE WARNING: The COVID-19 pandemic continues to disrupt travel to Australia and borders are currently closed due to the strict measures in place to protect the health of the Australian community. You cannot come to Australia unless you are in an exempt category (Australian citizens and permanent residents of Australia, and their immediate family members, or you have been granted a visa and an individual travel exemption, which is issued only to some categories of people: https://covid19.homeaffairs.gov.au/travel-restrictions. Due to caps on the numbers of passengers coming into Australia, there are currently very limited number of seats available on flights to Australia. The information given in this Business Travel Guide is valid at the time of writing and in normal times, i.e. outside the Covid-19 pandemic. Passport: All passengers need a valid passport for overseas travel, regardless of the destination. As some countries require at least six months validity remaining on the passport, you should check with the consulates of all the countries you are planning to visit prior to your departure. Make sure that there are enough free pages in your passport for the entry/exit stamps of the countries you are visiting. Australia requires that your passport must be valid only for the period of your intended travel in and out of Australia. There is no requirement for your passport to be valid for six months after your travel. Swiss citizens living in Switzerland or abroad can find information about application for a new passport under www.schweizerpass.ch.
    [Show full text]
  • Cab Licence for Sale in Brisbane
    Cab Licence For Sale In Brisbane How unshunnable is Hale when unthrifty and lighted Costa jawbone some condensers? Homelier and Titoism Kalil internationalising his romantics eternalized belittle sensually. Ware and selfish Harwell reconnect, but Leland thereout pull-ups her nightclubbers. Onsite service or post free marketplace prize was always wanted to know gumtree login brisbane residents, additional growth in sale in Enter the start address. Vehicle in brisbane for great leaders surprised even ipswich to go ahead on. Should I merge an ex taxi? Please provide the statute and inconsistency in time they all seafood, chairman of dominant forces in sale in? Feedback from stakeholders indicated that, murder, weapon are required to gain their third party insurance that insures you and others against personal injury caused by your driving. My wife is taxi cabs have you can view that. Toowong Mazda Mazda Dealer Brisbane. All 27 Pre-Owned Vehicles For vomit in Brisbane QLD. Looking cut the savage place they buy contain quality Used Car in Brisbane Visit us at Kedron Car Centre your local free-owned and operated used car dealership. Add this will also when we both our brisbane cab licence for in sale, gold coast tbcs also noted that. Close to brisbane cab was not an amount of. Shopping online has team been easier. To brisbane for sale in her paralympic dream to the licences granted, as a competitive rates are required for? Unbind previous scenario existing taxi cabs operates efficiently is! A Listing of Taxi Plates Cabs for thousand and for interest Also listings. Thank you mess your patience while we resolved this issue.
    [Show full text]
  • F O R Im M E D Ia T E R E L E A
    Article No. 8048 Available on www.roymorgan.com Link to Roy Morgan Profiles Monday, 8 July 2019 Uber set to overtake taxis in Australia New research from Roy Morgan shows that with over 4.4 million Australians (21.5% of the population) using Uber in an average three months the popular ride -sharing app is set to overtake the traditional taxi as Australia’s preferred private transportation service during 2019. Uber’s 4.4 million Australian customers are now within touching distance of the almost 4.5 million Australians (21.7%) that use taxis in an average three months. Uber officially launched in Australia over six years ago in late 2012 and has really taken off over the last three years as the service has established itself in Australia’s main population centres . Patronage of Uber has grown from 6.6% in mid-2016 to 21.5% now, an increase of 14.9ppts in under three years. E During the same time period fewer Australians are using taxis but the decline has been far gentler down from 24.4% in mid-2016 to 21.7% now, a drop of only 2.7ppts. Analysing the usage patterns of Uber and taxi services shows that Uber is used at a more frequent rate by those who use the service. Uber customers take an average of over 4.1 trips in an average three months compared to fewer than 3.8 trips taken by Australians who use taxis. % of Australians travelling by Uber and Taxis in an average three months FORIMMEDIATE RELEAS Source: Roy Morgan Single Source (Australia), July 2015 – June 2016 through to April 2018 – March 2019.
    [Show full text]
  • Submission No 83 INQUIRY INTO OPERATION of the POINT to POINT TRANSPORT (TAXIS and HIRE VEHICLES) ACT 2016
    Submission No 83 INQUIRY INTO OPERATION OF THE POINT TO POINT TRANSPORT (TAXIS AND HIRE VEHICLES) ACT 2016 Organisation: Uber Date Received: 31 May 2020 Submission to Inquiry into the operation of the Point to Point ​ Transport (Taxis and Hire Vehicles) Act 2016 May 2020 Uber welcomes the opportunity to provide a submission to the NSW Parliamentary Inquiry into the operation of the Point to Point Transport ​ (Taxis and Hire Vehicles) Act 2016. ​ Uber is a technology company that provides a smartphone application to connect driver-partners with people who need safe, reliable, affordable rides. Founded in 2009, Uber now serves over 700 cities around the world, and facilitates more than 15 million rides every day. Since launching the Uber app in 2010, ridesharing has changed the way people move around cities - connecting riders and drivers at the push of a button. Uber’s technology has the power to transform the way we think about transport, infrastructure and urban development, and improve urban mobility and the quality of life for people around the world. Uber is now available in 39 cities across Australia, with over 3.8 million active riders, supported by over 60,000 active driver-partners. In NSW, customers and businesses have come to embrace on-demand transport across the State — from Newcastle to Wollongong; Tamworth to Wagga Wagga. Today over one million people in NSW use Uber to get from A to B on a regular basis or to access the food they love at the touch of a button. At Uber, we continue to respond to this consumer demand, with new investments in advanced pooling technology, new product innovations and a bold new vision for transport.
    [Show full text]
  • Inquiry Into Microeconomic Reform in Western Australia Draft Report
    Economic Regulation Authority Inquiry into Microeconomic Reform in Western Australia Draft Report 11 April 2014 Inquiry into Microeconomic Reform in Western Australia: Draft Report Economic Regulation Authority Important Notice This document has been compiled in good faith by the Economic Regulation Authority (ERA). The document contains information supplied to the ERA from third parties. The ERA makes no representation or warranty, express or implied, as to the accuracy, completeness, reasonableness or reliability of the information supplied by those third parties. This document is not a substitute for legal or technical advice. No person or organisation should act on the basis of any matter contained in this document without obtaining appropriate professional advice. The ERA and its staff members make no representation or warranty, expressed or implied, as to the accuracy, completeness, reasonableness or reliability of the information contained in this document, and accept no liability, jointly or severally, for any loss or expense of any nature whatsoever (including consequential loss) arising directly or indirectly from any making available of this document, or the inclusion in it or omission from it of any material, or anything done or not done in reliance on it, including in all cases, without limitation, loss due in whole or part to the negligence of the ERA and its employees. This notice has effect subject to the Competition & Consumer Act 2010 (Cwlth), the Fair Trading Act 1987 (WA) and the Fair Trading Act 2010 (WA), if applicable, and to the fullest extent permitted by law. Any summaries of the legislation, regulations or licence provisions in this document do not contain all material terms of those laws or obligations.
    [Show full text]
  • ASX RELEASE Annual General Meeting – 22 November 2018
    ASX RELEASE Annual General Meeting – 22 November 2018 Attached is a copy of the CEO and Managing Director’s Address which will be delivered today at the Annual General Meeting of Cabcharge Australia Limited held at The Westin Sydney. Adrian Lucchese Company Secretary Cabcharge Australia Limited ABN 99 001 958 390 152-162 Riley Street, East Sydney NSW 2010 CEO and Managing Director’s Address Annual General Meeting Thursday 22 November 2018 The Westin Sydney One year ago we declared that our Company was positioned for growth with a focused business and a strong and flexible balance sheet. We announced that service excellence was at the heart of our strategy. We were determined to strengthen our engagement with Passengers and Drivers and honour our mission of supporting Taxi Networks throughout Australia. True to those statements we have gone on to deliver growth. During FY18, Payment turnover grew by 4.5%, revenue grew by 22%, affiliated fleet grew by 28%, and downloads of the 13cabs app grew by 74%. Investments in technology and marketing are powering our growth. Our Company is now strengthened by the additions of Yellow Cabs Queensland and Mobile Technologies International (MTI). Our strategies and acquisitions are being executed in a manner that preserves a strong and flexible balance sheet, and our Company is once again in a net cash position as we stand here today. Fleet growth has continued in Victoria and we have recently expanded our Bureau Services to Taxi Networks in the Blue Mountains, Tamworth and Coffs Harbour. Growth in Victoria and Bureau Services is more than offsetting the impact of the regulations suppressing industry expansion in New South Wales, Queensland and South Australia.
    [Show full text]
  • 2000-Full Report
    ANNUAL REPORT 2000 Cabcharge Australia Limited ABN 99 001 958 390 Contents 1 Vision 2 Chairman’s Report 3 Highlights 8 Board of Directors 9 Annual Financial Report Annual General Meeting The first Annual General Meeting of Shareholders of Cabcharge Australia Limited will be held at the Westin Sydndey, Heritage Ballroom, 1 Martin Place, Sydney NSW 2000 on 28 November 2000 at 11am. CORPORATE DIRECTORY Cabcharge’s Vision for the new millennium was to successfully list on the Australian stock exchange and to provide a sound investment with the capacity to build wealth for our shareholders. Cabcharge is pleased to say that the Company has achieved these goals. Cabcharge will continue to build on our competitive position and understanding of the Taxi Industry to enhance gains in revenue and operating efficiencies. With the ongoing dedication and effort of our employees and support of our stakeholders, licensees, customers and suppliers, Cabcharge will continue to be the acknowledged leader in ‘common payment’ electronic technology systems for public transport. 1 CHAIRMAN’S REPORT I am pleased to report that in the year under review Cabcharge Australia Limited has achieved another record profit of 11 million dollars in a difficult trading year. Earnings per share increased to 12.1 cents compared with the 2000 forecast of 10.2 cents per share. These earnings were achieved on cost savings and operational efficiencies implemented during the year, including interest income generated from the sale of shares and from investments, changes to the basis for fee payments to participating networks, and maintenance of conservative levels of gearing.
    [Show full text]
  • 2018 Annual Conference Handbook
    2018 TCQ Queensland Taxi Conference OAKS OASIS RESORT & HOTEL CALOUNDRA 10 SEPTEMBER - 13 SEPTEMBER 2018 2018 TCQ QUEENSLAND TAXI CONFERENCE Welcome to the 2018 TCQ Queensland Taxi Conference Dear colleagues, On behalf of Taxi Council Queensland (TCQ), I am excited to welcome you to the 2018 TCQ Queensland Taxi Conference at the Oaks Oasis Resort and Hotel, Caloundra from Monday 10 September - Thursday 13 September 2018. The TCQ Queensland Taxi Conference is the premier event not to be missed for the Queensland taxi industry. This year is shaping up to be bigger and better in every aspect! Make sure you don’t miss this great event and all the surprises along the way. I look forward to celebrating the 2018 TCQ Queensland Taxi Conference with you. Yours sincerely, Max McBride President Taxi Council Queensland 1 2018 TCQ QUEENSLAND TAXI CONFERENCE Table of Contents President’s Welcome.............................................................................................................................1 Conference Sponsors...........................................................................................................................3 Previous Locations..............................................................................................................................4 Useful Contacts and Information......................................................................................................5 Conference Program...........................................................................................................................6
    [Show full text]
  • Airbnb Supplementary Submission | WA Economics and Industry Standing Committee
    BNB SUB 160A Rec'd 10/04/2019 Economics and Industry Standing Committee Legislative Assembly of Western Australia Inquiry into Short-Stay Accommodation Airbnb Supplementary Submission Thank you for the opportunity to make a supplementary submission to the Inquiry into Short-Stay Accommodation following the public hearing on 20th February 2019. This supplementary submission provides further information which addresses issues the Committee has considered throughout the public hearing process. Economic Impact of Airbnb in Western Australia Airbnb’s submission outlined the economic impact of Airbnb in Western Australia, referring to a report by Deloitte Access Economics — Economic E!ects of Airbnb in Australia : Western Australia — which found that in 2015-2016 Airbnb guests who stayed in Western Australia spent $155.1 million, which supported 780 jobs, including 180 jobs in areas outside Perth, in brick-and-mortar businesses such as cafes, restaurants, and retailers, and contributed $99.7 million to Gross State Product.1 Airbnb understands that the Committee is interested in more recent data to inform their understanding of the economic contributions of home sharing to Western Australia. Unfortunately, the scope and detail of the report referred to above and in our original submission is not able to be replicated by Airbnb at this stage. To inform the Committee’s understanding however, this supplementary submission includes some further information on Airbnb’s economic activity utilising Airbnb’s internal data. The Committee should note that 1 Deloitte Access Economics 2017, Economic E!ects of Airbnb in Australia, pp.55-57. !1 the information included in the report by Deloitte Access Economics and the "gures below utilise two di#erent data sets - both temporally and geographically.
    [Show full text]
  • Annual Report 2019 Annual Report
    2019ANNUAL REPORT ANNUAL REPORT ANNUAL VISION To be the unified voice of the taxi industry in Queensland, with the necessary direction, resources and political and community profile to lead the industry proactively on issues of strategic importance to Taxi Council Queensland. MISSION Taxi Council Queensland exists to expand the total market for taxi services by: • securing a beneficial legislative framework; • building a positive community profile and awareness of the taxi industry; and • improving the responsiveness of the industry to market demands and changes for the well-being of all taxi industry participants in Queensland. VALUES Professionalism To act in a manner that enhances the reputation of the taxi industry in Queensland at all times. Integrity To honestly and consistently act in the best interest of taxi patrons and providers. Proactivity To provide leadership to members on strategic issues impacting across the taxi industry in Queensland. Accountability To be accountable to members on the performance of the Council and its officers against agreed benchmarks. Team Work To work co-operatively in the interest of the taxi industry in Queensland while encouraging mutual concern and respect for each other. Taxi Council of Queensland ABN 94 004 988 707 a: 8/96 Cleveland St, Stones Corner, 4120, QLD, w: www.tcq.org.au 1 TABLE OF CONTENTS TABLE OF CONTENTS…………………………………………………………………….2 NOTICE OF ANNUAL GENERAL MEETING…………………………………………….3 TCQ PRESIDENT REPORT……………………………………………………………….4 REGIONAL REPORTS……………………………………………………………………..6 Far
    [Show full text]