Category Archives: Australian economy

Uber's underpayment of drivers keeping it afloat, report finds

Analysis into Uber’s business model reveals the company relies on drivers’ low incomes to escalate its market value

Uber’s fares are made possible because the company is significantly underpaying its drivers, a new report argues.

UberX drivers earn well below minimum wage once all hidden costs are taken into account, according to analysis by the Centre for Future Work at the Australia Institute think tank.

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Source: gadt