One of the reasons why green slips in NSW are so expensive is because of increasing fraud in the system. Victor Dominello has said fraudulent claims cost every vehicle owner an extra $75 a year in insurance.
The ACT is the only state or territory in Australia where CTP insurance premiums have gone down. In fact, the cost of living in Canberra may be very favourable. Last year, Canberra ranked first in the world for the quality of its standard of living.
Did you know 280 people lost their lives on Victorian roads in the 12 months to May 2017? It’s a shocking statistic – 6.1% more lives lost than the previous year. It’s the second worst after NSW where 362 died in the year to April 2017.
If you receive a call from somebody claiming to be a crash investigator acting for Insurance Commission of Western Australia (ICWA), beware. Unfortunately, it’s a scam.
The Queensland regulator, MAIC, has just reviewed the CTP insurance scheme in Qld and made some recommendations. The point of the review was to see if the scheme could be more affordable, efficient and fairer. It examined, for example, premium prices, legal fees, ridesharing and insurer profits. Read more
The South Australian government is reviewing the Lifetime Support Scheme (LSS) and 2013 reforms to the CTP scheme. First of all, the reviewing committee invited submissions from interested parties by 27 April 2017.
The new Labor government in the Northern Territory has decided to make ridesharing legal. A committee of Uber, Taxi Council and others, has been investigating the best way to put ridesharing reform in place.