Taxi operators consider legal action over Uber

Taxi operates are planning protests and legal action following the Victorian government's plans to legalise ride sharing. Nick Badounas says his family is one of many Greek-Australian families that are threatened with financial ruin following the recent announcements. The government's taxi licence buy-back scheme would pay $100,000 for a single licence and $50,000 for a second licence. Mr Badounas told Sotiris Hatzimanolis it's an inadequate compensation.

ABC1 Source: ABC1