For a long time ubers have been more expensive in sydney (which is known to be one of their most profitable markets) for many rides than taxis - there is an added convenience of Uber that taxis are only just catching up to (in terms of seeing where your ride is/wait time) but a fair percentage of the time I prefer taxis these days now - fixed price and the driver generally knows where he’s going instead of following a map and driving like a person who only got behind the wheel last week