Page 1952 - Week 05 - Thursday, 10 May 2018
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For the chosen scheme, page 57 of the EY report provides an estimate of the at-fault benefit component amount of the CTP premium – an estimated $70 per policy. A further breakdown of the at-fault costs are at Appendix B of the EY report.
The EY report estimates are for the cost per policy for the passenger vehicle class (i.e. class 1). Passenger vehicles are the vast majority of vehicles covered under the ACT CTP scheme.
Under the current CTP scheme, the ACT CTP premiums are not calculated differently for different types of drivers within a vehicle class. This will not change under the jury’s chosen scheme.
During the implementation of the chosen scheme, the cost estimates for premiums will be further refined once the finer details are resolved.
(4) The CTP Regulator Levy is a separate levy payable with each CTP policy. It is collected by the Government as part of the registration process and passed on in full to the ACT CTP Regulator, which is a separate Territory authority. The levy funds the Regulator’s operations.
The Ernst and Young (EY) Estimated costs of alternative benefit designs for the ACT’s Compulsory Third Party (CTP) Insurance Scheme report included in the costing estimates for each model an amount of $10 per annum per registration for the CTP Regulator Levy. The priorities set by the jury for an improved CTP scheme and the jury’s chosen scheme expand the role of the CTP Regulator. The additional functions of the Regulator include an enhanced information role and some dispute resolution mechanism supports. The levy will also fund enhanced ICT requirements due to the introduction of defined benefits under the chosen scheme.
Government—contingent workforce scheme
(Question No 1308)
Mr Coe asked the Treasurer, upon notice, on 13 April 2018:
(1) Why did the ACT Government choose to extend access to the NSW Contingent Workforce Scheme.
(2) Were there any differences in prequalification criteria between the ACT Government’s previous arrangements, and the NSW Contingent Workforce Scheme; if so, what (a) were the differences and (b) is the current criteria.
(3) What is the breakdown of the total cost for the ACT Government to access the NSW Contingent Workforce Scheme since it commencement to date.
(4) Did any fees or costs increase for ACT Government suppliers accessing NSW Contingent Workforce Scheme; if so, can the Treasurer provide an explanation for the changes, and the value of the increased cost to suppliers.
(5) In relation to the ACT Government’s use of the NSW Contingent Workforce Scheme, can the Treasurer provide a breakdown of (a) what data is collected and stored by the ACT Government, (b) what data is collected and stored by the NSW Government, (c) how the data is stored, (d) what the data is used for and (e) who can access the data.
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