Greenslips Blog
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DEC 29 |
Call for CTP ReviewPosted in GreenslipsThursday, 29 December 2011 |
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A review of the Motor Accidents Authority (MAA) was released this week and some parties are not happy with the findings. The NSW Parliamentary Law and Justice Standing Committee released its eleventh review into the MAA and the Motor Accidents Council (MAC) on Tuesday. A copy of the report is available here. Amongst other things, the report found that for the last five years there is a gap between the profit insurance companies project for the purpose of setting greenslip premiums and the profit they actually make. The NSW Bar Association says that this represented a €œfundamental flaw€ in the greenslip scheme in NSW and, along with the NSW Greens, has called for an overhaul of the scheme. The Insurance Council of Australia argues that the higher profits result from fewer claims on the scheme. Add a comment |
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DEC 22 |
Motorbike Greenslips DownPosted in GreenslipsThursday, 22 December 2011 |
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The NSW Government has announced that the average greenslip price for motorbikes will fall by up to 19% from 1 January 2012. All motorbikes are to benefit except those in the 1,126 to 1,325cc class. The real test will come when you renew your greenslip. Let us know how you go. Respond to this blog with your experience. Add a comment |
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DEC 14 |
Govt Rejects CTP IncreasesPosted in GreenslipsWednesday, 14 December 2011 |
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The Government has issued a press release today stating that the Motor Accidents Authority (MAA), at the request of the Government, has rejected greenslip price increases of up to 15%. The increased premiums were to come into effect from 1 January 2012. Minister for Finance and Services Greg Pearce said in the release that motorists had been spared up to $57.00 and that the best price for Sydney metropolitan sedans will remain in the range of $460.00 to $480.00 from 1 January 2012. Add a comment |
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DEC 07 |
M5 DelaysPosted in TrafficWednesday, 07 December 2011 |
| Reports this morning that it took one hour and thirty minutes to travel from Heathcote Road to the airport tunnel on the M5. Guess what? They were still charging the toll! Add a comment |
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DEC 04 |
Why more than 1 greenslip?Posted in GreenslipsSunday, 04 December 2011 |
| If, as a "private" vehicle registrar would you not be able to have 2 modes of transport covered by 1 greenslip. You cannot operate 2 vehicles at once! I have a car and a bike and will use the bike in safe clear weather to keep my thirstier car off the road. I also use the bike for some more interesting road travelling. Therefore i will drive 1 at a time. If the greenslip system is designed to cover other peoples medical expenses that I may contribute to (accident) then why cant I have the one green slip cover the 2 vehicles I register. The rorting could be a factor if 1 person were to try and claim 10 vehicles as their own but surely this can be counteracted with a reasonable limit to 2 different forms of transport only (possibly 3). It is ridiculous to have to pay $1200-1400 dollars a year for greenslips on 2 vehicles used at different times. Add a comment |
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