The O'Farrell government is planning major changes to the
Compulsory Third Party scheme - the green slip insurance you pay
every time you register a vehicle.
The government says the changes will cut the average CTP payment
by $50 to $75, something we should all welcome.
But there are five major fallacies behind the government move,
fallacies that will adversely affect everyone who drives a vehicle
or is injured in an accident.
Fallacy 1: They are only minor
changes. Don't believe it. Ninety per cent of people
injured in vehicle accidents will lose their right to sue the
negligent driver as their injuries will be deemed to be not bad
enough.
Fallacy 2: The changes are necessary to
stop rising costs. The cost of green slips have gone up 60 per
cent over the past 25 years while the cost of living (CPI) has
risen 120 per cent.
