Share This Info

greenslips calculator
rego reminder

News

Page 1 of 8

JUN
23

Action on CTP green slip fraud

Thursday, 23 June 2016

CTP insurance claims in Sydney are through the roof. During the past year, claims on green slips in Sydney rose 39%, even though road casualties were lower. It’s a suspicious trend, as claims on all types of insurance were up 30%. Insurance fraud is estimated to cost the industry a staggering $2 billion a year.

Add a comment Read more...
   
JUN
08

Support for a no-fault CTP green slip scheme

Wednesday, 08 June 2016

Most people seem to agree that the current CTP scheme in NSW isn’t working well. To that end, the NSW government called earlier in the year for submissions to its proposals to reform the CTP scheme.

Add a comment Read more...
   
MAR
12

A shake-up coming for the green slip scheme

Saturday, 12 March 2016
The green slip scheme as we know it today was introduced in 1999 but, since 2008, premiums have risen by 70%. Many motorists are already paying $600 or more for their green slip and may have to fork out a further 10-20% in 2016 unless the system is changed.

Minister for Innovation and Better Regulation, Victor Dominello, says NSW premiums are the least affordable in the country.

Add a comment Read more...
   
MAR
12

Uber drivers could pay more for greenslips

Saturday, 12 March 2016
When the ride-sharing start-up, Uber, first came on the scene, nobody knew it could so quickly disrupt the status quo. It was a threat to traditional taxi drivers across the world and it caught the attention of regulators. Now that Uber is legal in NSW, the government is looking at its implications for the price of greenslips.

Add a comment Read more...
   
MAR
03

Tackling CTP greenslip fraud

Thursday, 03 March 2016

Greenslip prices in NSW have climbed more than 70% in the last 7 years and by over $40, or 8%, in 2015. The NSW government says fraudulent CTP claims are part of the problem. So alarming is the trend, it has established a taskforce to investigate fraud and a fraud hotline to encourage people to come forward and share information.

Minister for Innovation and Better Regulation, Victor Dominello, says the average greenslip price for a car in Sydney is now more than $600. This is more than 34% of average weekly earnings compared to 28% in 2007.

Add a comment Read more...
   

Page 1 of 8