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Lyft joins Uber in charging riders for rising fuel prices

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Relawding

Rideshare company Lyft is now joining Uber in adding a surcharge on its trips to make up for rising petrol prices

This temporary fee will go directly to drivers to help them deal with the surging costs in filling up their tanks.

It is still unclear exactly how much riders are expected to pay in additional fees.

This change comes as more and more drivers have become more upset with rising petrol prices in recent weeks, eating into their earnings.

Some drivers had even threatened to quit and called on rideshare companies to step in to help relieve some costs.

This follows a steep increase in petrol prices around the world amidst the war in Ukraine, with the U.S. seeing increases of over one dollar per litre compared to the previous year.

Uber announced only last week that it would also be adding a surcharge on fares and deliveries within the U.S. and Canada for a minimum of two months.

Uber users will pay up to 55 cents more per trip, with Uber Eats deliveries incurring up to a 45 cent surcharge.

Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

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Six strategies to build a six-figure property portfolio

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Achieve your dream retirement with these key property investment approaches

Investment Insights is an informative and inspiring interview-style show that dives into the world of money management and wealth creation, making complex financial concepts accessible to all.

Hosted by the Founder of The Investor’s WayAndrew Woodward.

In this episode, Andrew is joined by Moxin Reza, Director of Invest0r Partner Group.

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Experts reveal how to spot investment-grade properties

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Crucial tips for choosing the right property to secure long-term financial success

Investment Insights is an informative and inspiring interview-style show that dives into the world of money management and wealth creation, making complex financial concepts accessible to all.

Hosted by the Founder of The Investor’s WayAndrew Woodward.

In this episode, Andrew is joined by Moxin Reza, Director of Investor Partner Group.

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Tricks of the trade: how to navigate market volatility with confidence

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Strategies to manage risk and seize opportunities in uncertain times

Investment Insights is an informative and inspiring interview-style show that dives into the world of money management and wealth creation, making complex financial concepts accessible to all.

Hosted by the Founder of The Investor’s WayAndrew Woodward.

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