A2B Australia (formerly Cabcharge Australia) is an Australian based taxi operator.
Overview
Founded in 1976 by Reg Kermode, Cabcharge was listed on the Australian Securities Exchange in 1999. Its subsidiaries operate booking and dispatch services for taxis in Australia under the Taxi Networks and 13cabs brands.
Its activities have sometimes been controversial and it has faced strong criticism at times from inquiries and regulatory bodies, especially over its Cabcharge taxi payment system. The company was the subject of Federal Court proceedings in 2010 over alleged anti-competitive practices including predatory pricing activities.
It was heavily fined and paid a record high $15 million settlement for these behaviours.[1] The company is also facing accusations of profiteering for the 10% surcharge it imposes on taxi fares paid by a payment card and the matter was investigated by the Reserve Bank of Australia.
The surcharge has been reduced by law to 5% in