NSW Labor leader Chris Minns says taxi owners in the state are in a “really terrible position” at the moment.

Discussing proposed reforms which would see taxi licences scrapped, Mr Minns told Sky News host Paul Murray taxi owners are “really going out the door backwards”.

“Several years ago, the New South Wales government as they introduced Uber and other ridesharing platforms into
New South Wales gave a $20,000 payment to everybody that had a taxi licence plate in New South Wales,” he said.

“But the $20,000, many of them were worth over $400,000 and on top of the paltry amount of money that was given to them, it was taxed by the federal government so they ended up with just $11,000 in their hands.

“These people are really going out the doors backwards … and basically they’ve heard crickets for the last four years.”