Submissions
Current factors and trends influencing the cost of insurance under Queensland’s CTP scheme
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The ALA has made a submission to Queensland’s Motor Accident Insurance Commission (MAIC) as part of MAIC’s quarterly CTP scheme stakeholder consultations.
In our submission, we contend that recent events, industry changes and legislative developments will not affect the fundamentals of the CTP scheme. Queensland’s CTP scheme can remain efficient, affordable and well-run. Instead, the ALA submits that the focus for all involved in Queensland’s CTP scheme must be on claims management practices.
We have also called on the new Queensland Government to progress the comprehensive review of the CTP scheme, which started in early 2023 but was then halted.
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