Uber to pay nearly $300m in world-first class action lawsuit

Uber is expected to pay out millions in a historic world-first class action lawsuit in Australia.

The US rideshare company is expected to settle around NZ$293 million (AU$272 million) today, the fifth largest settlement in the country's history.

It comes after a several-year dispute brought on by Melbourne taxi drivers, who claimed they had been financially harmed by the company's "illegal infiltration" into the Australian market.

Uber agreed to compensate taxi and hire car drivers, operators and licence holders.

The Supreme Court of Victoria is expected to sit this morning to close out the case.

The Australia case wraps up as tomorrow in New Zealand the company will be appealing a decision made by the Employment Court in 2022. The court found Uber drivers "were employees" and "should have access to the rights and protections that come with that".

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