Queensland taxi drivers will keep fighting against the legalisation of ride-sharing services including Uber.
The state government has announced ride-sharing services will be legal from September 5, with a $100 million taxpayer-funded package to soften the blow to cab drivers.
![Queensland taxi drivers have vowed to fight the legalisation of Uber.](/web/20160814011610im_/http://www.brisbanetimes.com.au/content/dam/images/g/q/q/t/w/g/image.related.articleLeadwide.620x349.gqro28.png/1471037312746.jpg)
Existing taxi licence holders will be compensated $20,000 per licence, capped at two per individual.
However, taxi owners believe the compensation is inadequate as legalising Uber will ruin them.
"The transport minister just made us bankrupt," said driver Manjit Boparai, who bought his taxi licence for $310,000 four years ago.
Queensland MP Rob Katter has vowed his party will do everything it can to stop the legalisation of Uber.
His father, federal MP Bob Katter, has urged taxi drivers to keep up the fight.
"If I could recommend anything, you fight to the death and go to the High Court," he said.
The Liberal National Party opposition is yet to fully reveal its stance on the reforms and Transport Minister Stirling Hinchliffe now has the tough job of convincing cross-benchers to support them.
But Mr Hinchliffe said the first tranche of the reforms can be dealt with by the government through regulation.
Uber has said its legalisation would be a great win for consumers, who would benefit from cheaper fares.
AAP