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A shake-up coming for the green slip scheme

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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Uber drivers could pay more for greenslips

When Uber first came on the scene, nobody knew ridesharing 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 Uber is legal in NSW, the government is looking at its implications for the price of greenslips.

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Tackling CTP greenslip fraud

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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A new private CTP scheme for South Australia

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

From 1 July 2016, four private insurers will provide CTP insurance: