Cabcharge Australia Limited
Cabcharge was established in 1976 as a means for taxi operators and drivers to manage non-cash fares. Today the Cabcharge electronic payment system is found in over 96% of Australian taxis, limousines and water taxis. It is also available in some fleets around the world.
Cabcharge, founded by Mr Reginald Kermode, Chairman and CEO since inception, started as a partnership between Taxi Combined Services and Yellow Cab Group. It listed on the Australian Stock Exchange in December 1999 and is now one of the top 200 companies in Australia. It has achieved double digit growth in every year since listing.
Cabcharge has diversified since it listed. Combined Communications Network (CCN) became a wholly owned subsidiary of Cabcharge in January 2002. Cabcharge then acquired Black Cabs, the second largest taxi company in Melbourne, in August 2003. In co-operation with its Singapore based partner, ComfortDelGro, it acquired the Westbus Group in October 2005. The joint venture, ComfortDelGro Cabcharge, now operates Westbus, Hillsbus and Hunter Valley Buses.
Internationally, Cabcharge has had a long standing relationship with ComfortDelGro, the second largest listed land transport company in the world. It has joint venture arrangements with them in the UK covering taxis and hire cars in London, Aberdeen, Birmingham and Edinburgh. It is planned that these operations will provide a base for further expansion into Europe.
Cabcharge operates in one business segment, being the provision of taxi related services in Australia. Through its interest in an associate company, Cabcharge is also engaged in the provision of bus and coach services to customers in Australia. In Australia, Cabcharge's customer base spans accounts ranging from large corporations and government bodies to small business and individuals.
Cabcharge’s products include Cabcharge Card, Cabcharge Gift Card, Two part TAXI eTICKET, Cabcharge Taxi Management System and Cabcharge Fareway EFTPOS System. Its subsidiaries include Combined Communications Network Pty Ltd, Taxi Combined Services Pty Ltd, Silver Service Taxis Pty Ltd, Yellow Cabs of Sydney Pty Ltd, Cabcharge International Limited, Cabcharge New Zealand Limited, Cabcharge Investments Pty Ltd and Helpline Australia Pty Ltd.
The strength of Cabcharge is built on its close relationships with the taxi industry, leading edge technology, continuing innovation and the expertise and commitment of its people.
Market Reports /
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9 years ago
01 Oct 2015 - Aus shares close 1.8% higher. Western Areas Limited (ASX:WSA) has announced it has completed the acquisition of the Cosmos Nickel Complex from Xstrata Nickel Australa…
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9 years ago
1 Oct 2015 - Cabcharge Australia Limited (ASX:CAB) says the ACT government is proposing to impose a 5 per cent cap (inclusive of GST) on service fees for non-cash Taxi payments.
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9 years ago
25 Sep 2015 - Cabcharge Australia Limited (ASX:CAB) will purchase the Dandenong Taxi business in Melbourne.
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9 years ago
21 Aug 2015 - Aus shares regain some early losses. Covermore Group reports an increase in net profit to $25.8 million.
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9 years ago
30 Jun 2015 - Greek shocks spark global sell-off. Telstra Corporation Limited (ASX:TLS) has been asked to lower its wholesale internet prices by the ACCC.
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10 years ago
06 Aug 2014 - Cabcharge Australia Limited (ASX:CAB) inks a deal to buy Blue Mountains Bus Company for $26.5 million.
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10 years ago
13 May 2014 - Cabcharge Australia Limited (ASX:CAB) appoints Russell Balding as new chairman.
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10 years ago
01 May 2014 - Banks and miners weigh on ASX. Cabcharge Australia Limited (ASX:CAB) advises that Reg Kermode, Founder, Chairman and CEO, has passed away.
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10 years ago
30 Apr 2014 - ASX looks to recover some ground. Qantas Airways Limited (ASX:QAN) blames Easter falling in April for a drop in its passenger numbers and ticket yields in March.
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10 years ago
08 Apr 2014 - Aus shares post flat finish. Shares in Treasury Wine Estates Limited (ASX:TWE) jump after its new chief affirms his focus on cutting costs and improving commercial pe…
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10 years ago
08 Apr 2014 - ASX down as tech stocks tumble. Shares in Cabcharge Australia Limited (ASX:CAB) drops after responding to the NSW government's proposed changes to taxi legislation.
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10 years ago
20 Mar 2014 - The Australian share market closes 1.15 per cent down after US Fed Chair Janet Yellen flagged reduction in QE program and interest rate increases.
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11 years ago
26 Feb 2014 - Cabcharge Australia Limited (ASX:CAB) leapt to one of the best performers of the S&P/ASX 200 index yesterday after releasing its interim report.
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11 years ago
25 Feb 2014 - The Australian share market closed 0.12 per cent down after gains in morning trade were erased by afternoon losses in the materials sector.
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11 years ago
28 May 2013 - ASX bounces back. Bank of Queensland Limited (ASX:BOQ) appoints former Citigroup managing director Roger Davis as its chairman.
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12 years ago
01 Feb 2013 - Cabcharge Australia Limited (ASX:CAB) acquires the Maxi Taxi Australia business and other assets for under $5 million.
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12 years ago
02 Aug 2012 - Aus shares hover in flat trade. Leighton Holdings Limited's (ASX:LEI) Middle Eastern division scores an infrastructure contract in Qatar.
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12 years ago
14 Jun 2012 - Cabcharge Australia Limited (ASX:CAB) has attempted to reassure the market late yesterday in response to its share price dropping to 6.4%.
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12 years ago
08 Jun 2012 - Aus shares set to open higher. Cabcharge Australia Limited (ASX:CAB) has concluded negotiations for the purchase of the Yellow Cabs business in Adelaide
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12 years ago
16 May 2012 - Investment advisor Gary Glover takes a technical look at S&P ASX200, All Ords, S&P ASX200 Materials, S&P 500 Cash, US Index Cash, CRB Futures, Copper Comex, Spain IBE…
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12 years ago
15 May 2012 - Cabcharge Australia Limited (ASX:CAB) has reported its first quarter results for the year of its associate companies.
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13 years ago
16 Nov 2011 - Aus shares down on international nerves. Qantas Airways Limited (ASX:QAN) boss Alan Joyce says the Fair Work Australia process discussions will remain confidential an…
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13 years ago
Investment advisor Gary Glover takes a technical look at All Ords, Dow Jones, CRB Futures, S&P/ASX200 Health Care, Gold, NCM, PDN, FKP, CAB, COK.
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13 years ago
17 May 2011 - Aus shares look to open softer. Wesfarmers Ltd (ASX:WES) Coles and National Australia Bank Ltd (ASX:NAB) boost incentives for the shopping rewards program FlyBuys.
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14 years ago
18 Nov 2010 - Aus shares look in for flat start. ACCC blocks Metcash Ltd's (ASX:MTS) $215 million proposed takeover of Franklins supermarkets.