Before reform of the NSW CTP greenslip scheme, the average premium in the state was $652. In Sydney, nobody was paying less than $500 for their green slip. Now nearly one in two Sydney motorists pay $500 or less for their green slip. In country areas, more than 60% of motorists now pay $400 or less.
More affordable premiums
Greenslips are more affordable under the reformed NSW scheme, compared to average weekly pay at May 2018:
- Under the old scheme, motorists spent 41% of average week’s pay to buy an average premium of $652
- Under the new scheme, they spend less than 33% of their weekly pay on an average premium of $518.
More people pay lower premiums
This table compares the old scheme before 1 December 2017 and the new scheme up to 9 September 2018. It shows more than double the percentage of people pay $500 or less in NSW and, in Sydney, nearly one in two do. Meanwhile, 2.5 times more people pay $400 or less in country areas.
| Percentage who pay premium | Old scheme | New scheme |
| $500 or less in Sydney | 0 | 48% |
| $500 or less in NSW | 30% | 62% (more than double) |
| $400 or less in country areas | 25% | 63% (2.5 times more) |
| $700 or more in Sydney | 38% | 15% (less than half) |
| $700 or more in NSW | 26% | 14% (less than half) |
These figures come from a table compiled by the NSW government.
Faster claims
While nobody really wants to have to make a claim under the scheme, the process has become faster. Some 94% of claimants under the old scheme had to wait more than a year for their benefits. In the new scheme, around 55% will be paid within the first year of making a claim.
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