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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.

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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.

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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.

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JAN
27

A new private CTP scheme for South Australia

Wednesday, 27 January 2016

South Australian (SA) motorists will from 1 July 2016 get their compulsory third party (CTP) vehicle insurance from four private insurers, instead of the Motor Accident Commission (MAC).

From 1 July 2016, there will be four private insurers providing CTP insurance:

   
DEC
18

Zurich to cease offering Green Slips

Friday, 18 December 2015

Zurich will stop offering NSW CTP green slips from 1 March 2016, subject to approval from State Insurance Regulatory Authority (SIRA).

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