Ride-Share Fares May Surge Due to Soaring Fuel Costs

0:00Sydney's story is making news on March 17th. Ride share in taxi fairs in Australia could rise soon due to soaring petrol prices from the Middle East War. Brink crude oil hit around $103 per barrel this week, keeping costs high since late February. Drivers for Uber and Taxi say their weekly fuel bills have jumped, like from $200 to over $300 for some. Uber is considering boost to driver pay based on fuel costs, which might lead to higher prices for riders. This comes after many complaints from partner spacing slimmer profits. The company says it's watching the situation closely, and reviewing support options as things change. Drivers like Jacob about a no-born feel squeezed, calling out big firms for staying quiet while margin shrink. Roads are quieter as people skip driving, but gig workers have few alternatives and can't easily raise their own rates without losing business. The transport workers union warns some are working longer hours just to break even. The union is pushing the Fair Work Commission to make gig platforms cover extra fuel expenses.

1:05Taxi operators in New South Wales and Victoria rely on state governments for rate changes, with urgent requests already made for quicker reviews. Meanwhile, meter fairs stay flat for now, but leaders expect pressure to build if prices don't drop. Our review in Victoria is said for September, and everyone hopes for fair adjustments without too much pain for drivers or customers. The Daily News Now is presented by our sponsor. A pillow that plays your sound quietly, comfortably, effortlessly, built for nighttime listening, S-O-L-I, solely pillow.com, made in AI.