Macquarie's role would be around "the development and electrification of the skyports that will support" Uber's air taxis.
Regional general manager for Uber in Australia, New Zealand and North Asia Susan Anderson made the announcement at an Uber summit in Washington. It also confirmed that from 2023, customers will be able to get a flight on-demand in Dallas and Los Angeles.
The 19km journey from Melbourne's CBD to Tullamarine airport now takes anywhere from 25 minutes to more than an hour in peak hour by auto, but is expected to take just 10 minutes by air.
Uber spokesman Eric Allison said the concept had the potential to reduce traffic congestion which costs the Australian economy an estimated $16.5bn a year.More news: Record-Breaking USWNT Roll, Netherlands And Sweden Win Late
Uber plans to eventually deploy a fleet of flying cars to ferry its passengers around urban areas, but while we patiently await the Jetsons-age, the company's Uber Elevate division is launching a new helicopter service in New York City.
Other Australian companies involved in helping to provide the infrastructure needed for the pilot include Macquarie Capital and Telstra, as well as Melbourne Airport.
So, why Melbourne? It's not Australia's largest or most cosmopolitan city, though it's reasonably close on both counts.
"India presents challenges with respect to the way we are actually able to operationalise Uber Air in the country and we had some discussions with the aviation authority and several of the state government representatives and it looks promising", added Allison.
"Australian governments have adopted a forward-looking approach to ridesharing and future transport technology", she said.More news: Cyclone Vayu likely to make landfall in Gujarat coast on Thursday
According to Uber, the helicopter flight will take just 8 minutes; when you factor in vehicle service, Uber expects a travel time of no more than 30 minutes.
The legal nod to operate in Victoria was coupled with a AU$1 levy imposed on all commercial trips from July 2018, with the revenue raised touted as replacing licence fees in order to help compensate taxi operators.
Uber Chopper subsidised $1,000 one-way helicopter flights from Batman Park to Flemington Racecourse during last year's Melbourne Cup Carnival.
After all, who among us has not dreamed of flying directly from Tullamarine to Southland?
Uber began trading as a public company in May in one of the biggest IPO busts in Silicon Valley history.More news: Final Fantasy: Crystal Chronicles Remastered Edition comes to Switch this Winter