And that is the problem. With rights/privileges comes responsibilities. The taxi industry became self serving and customers were (are) a nuisance. There are myriad examples posted on this site where fraud/theft is rife by drivers. Drivers are meant to take customers where they want to go not for a ride.
If clean and well behaved with proof of funds there is no legal reason why a taxi driver is allowed to refuse a fare. Yet we all know that the potential fare is the first thing considered by the driver and refusal is common if not big enough.
That owners let unlicensed/undocumented people drive their vehicles should be a crime but is excused by the various self regulating taxi bodies because they don't want to upset their owners, i.e. the taxi industry.
Taxi licences are/were totally speculative, some won some lost. That's business. Much like Bitcoin/tulips et al.
And Kodak invented the digital camera. Look at them now. Self praise is no recommendation.
Maybe the QLD taxi industry was world class. But it was from a very low base. And self serving, not customer focused. The usurious credit card fee still exists. A world class rip off.