Mike Baird plays down reports Uber is set to be legalised in New South Wales

Despite reports claiming Uber drivers would be licenced by the end of the year and taxi licence owners compensated, premier says decision yet to be reached

New South Wales premier Mike Baird has played down reports that Uber will be legalised in the state by the end of the year.

On Monday the Daily Telegraph reported the state government would announce sweeping reforms to taxi regulation.