00:00Relative to inflation, it's obviously more than double the current rate of inflation.
00:05I'm not privy to the economics of that business.
00:10Taxi fares here, relative to other parts of the world, are, for me, not unreasonable.
00:15But 8% appears quite steep.
00:19The cost of petrol, diesel, is too much.
00:22You know, taxi drivers spend a lot of time, you know, trying to get, you know, customers from point A
00:29to point B and work so hard.
00:30They should be able to get something at the end of things.
00:33And so, especially the, you know, some taxi drivers do have hybrid cars, you know, that can help a little
00:39bit.
00:40But those who haven't got hybrid cars, who've got old traditions like diesel car, petrol car, it's just unthinkable how
00:47they can manage.
00:48So, I would say I support that.
00:49I think the argument about fuel is a relevant one, right, because fuel prices have gone up.
00:54They're very volatile.
00:56But I think to the extent that that 8% is underpinned by increases in the cost of fuel, that
01:05sounds okay.
01:06But when the price of fuel comes back down, then I doubt we'll see the prices go back down.
01:12I think it's a lot of money, 8%.
01:14I think that petrol has gone up, yes, diesel has gone up in price.
01:20But I think taxi fares are, you know, quite high anyway.
01:24An 8% on a normal fare is probably going to price a lot of people out of getting a
01:29taxi.
01:29But I think that's it.
01:29But I think it's a lot of people out of getting a taxi.
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