Site navigation
Department of Transport and Main Roads

Taxi fares annual review

The Department of Transport and Main Roads determines maximum fares for taxi services in Queensland under section 91ZR of the Transport Operations (Passenger Transport) Act 1994.

Maximum fares apply to all rank and hail taxi services. In addition, booked hire services are subject to maximum fares only if the service is for a member of the Taxi Subsidy Scheme or is provided in a Wheelchair Accessible Taxi to a person using a wheelchair. Maximum fares do not apply for all other personalised transport services that are booked.

Find out more about taxi fares and service areas.

Current taxi fares

On 1 July 2023, maximum taxi fares increased by 8.4%. Current maximum fares are published in the Queensland Government Gazette—No. 42, 30 June 2023 pages 336-338.

New taxi fare stickers are printed for distribution to taxi operators throughout the state via the Department's Passenger Transport Offices. Updated taxi fare stickers are required to be displayed in all taxis by 31 July 2023.

Annual fare review process

We review maximum taxi fares annually, with changes taking effect from 1 July. 

We use a cost-based model that tracks changes in the cost of providing taxi services to review maximum taxi fares. 

This approach ensures that maximum taxi fares reflect the cost of providing taxi service and excludes other items that are not relevant to the operation of a taxi in Queensland.

The annual taxi fare review considers changes to economic measures between March quarters each year, with an implementation date of 1 July. This is to ensure changes in fares respond in a timely manner to cost increases affecting the taxi industry.

Cost categories and weightings

The cost-based model incorporates a range of measures, including:

  • vehicle operating costs, including fuel
  • cost of driver and operator labour
  • cost of repairs and maintenance
  • cost of parts and panels
  • cost of comprehensive insurance
  • other industry costs.

Weighted percentages represent the approximate proportion of taxi operating costs associated with that specific cost component in the model. 

Cost components Weighting1 Category reference source
Driver and operator labour 55% QLD Wage Price Index
Repairs and maintenance 5% QLD Wage Price Index
Parts and panels 10% Brisbane Consumer Price Index – Spare Parts (Motor Vehicle)
Fuel 15% Brisbane Consumer Price Index – Fuel
Vehicle costs 5% Reserve Bank of Australia – Small Business Loans
Comprehensive insurance 5% Brisbane Consumer Price Index – Insurance
Other industry costs 5% Brisbane Consumer Price Index

1All weightings have been rounded to the nearest 5% for all cost components.

Last updated 20 July 2023