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Drivers to save money, says MP

Monday, 29th July, 2013

State Member John Williams has promised that reforms to the government green slip scheme will cut costs for drivers.

The new green slip plans, known as the NSW Compulsory Third Party (CTP) Scheme, have been met with criticism but Mr Williams said it would be fairer for people involved in car accidents.

“The fact is, green slip prices have increased by 70 per cent since 2008 and it is showing no signs of reducing unless action is taken,” the Nationals Whip said.

“The average green slip price for a car in NSW is $518, compared to $362 in Victoria and $299 in Queensland. 

“NSW has some of the highest premiums in the country.

“The current CTP scheme is an outdated blame-based model which excludes thousands of people from being looked after, even if they have paid for CTP insurance.”

Mr Williams said that the new scheme could help 7000 more injured people each year and stop long legal disputes involving insurers.

“Under the current scheme, accident victims can wait up to five years before seeing any sort of payment,” he said.

“Under our proposed reforms, benefits will flow through in a matter of weeks.”

Mr Williams said that a roundtable meeting was held with stakeholders and a report would be presented to State Government on the issues that were raised about the CTP.

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