DRIVE NOW August 2022

VICTORIA news
The other is the result of a recent
survey conducted by the Transport
Workers Union TWU from 1,100
rideshare drivers about their
experience.
https://www.twu.com.au/
wp-content/uploads/2019/05/
Rideshare-Survey-Infographic-
FINAL.pdf
The accounting firm has produced
the above resource entitled –
‘How Much Will I ACTUALLY Make
From Uber Driving?’ based on
their knowledge of the industry
submitting returns on behalf of
many rideshare drivers.
Ultimately, their informed and
comprehensive calculations based
on real data and industry costs,
estimate earnings for an Uber
driver of $26 before income tax for
every $100 of gross fare turnover.
Put simply, the real earnings
of a driver who may or
may not turn over $1,335
gross per 40-hour week
as estimated by the Uber
calculator, would be closer
to $347 per week before tax
or $8.60 per hour.
Similarly, the survey conducted
by the TWU suggests that driver
earnings are closer to $16 p/h after
company fees and taxes (GST) but
before any other costs such as
fuel and insurance etc. Further, it
was recorded that 85% of survey
respondents are unsatisfied with
their earnings, 48% say there is a lack
of transparency on payments, 74%
feel that the company commissions
are excessive, and 62% consider
payments are insufficient to save for
superannuation or leave.
I would suggest that the
disappointment of drivers to learn
what their true earnings are is
directly linked to the expectation
created by Uber themselves in the
inflated earnings estimates they
provide on their website.
They [Uber] should be held to
account and forced to disclose fully
and comprehensively all expenses
a driver may be responsible for
and provide a realistic estimate of
earnings.
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12 August 2022