{"id":141835,"date":"2016-04-14T12:18:33","date_gmt":"2016-04-14T02:18:33","guid":{"rendered":"http:\/\/southburnett.com.au\/news2\/?p=141835"},"modified":"2020-10-19T11:28:39","modified_gmt":"2020-10-19T01:28:39","slug":"ctp-set-to-rise-on-july-1","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2016\/04\/14\/ctp-set-to-rise-on-july-1\/","title":{"rendered":"CTP Set To Rise On July 1"},"content":{"rendered":"

\"\"<\/a>
Queensland Treasurer Curtis Pitt<\/figcaption><\/figure>April 14, 2016<\/strong><\/p>\n

The cost of registering a motor vehicle is set to rise between $60 and $76 a year from July 1.<\/p>\n

The price rise will occur because the cost of compulsory third party insurance (CTP) needs to increase to bring the state into line with a national insurance scheme that aims to cover motorists, passengers and pedestrians injured in motor vehicle crashes.<\/p>\n

Queensland signed up to the National Injury Insurance Scheme (NIIS) in 2013 when the Newman Government agreed to take part in the National Disability Insurance Scheme.<\/p>\n

The current CTP insurance scheme is fault-based. <\/p>\n

This means that if nobody is deemed to be at fault – for example, in a single-vehicle crash – or the victim is at fault, they are not eligible for a payout.<\/p>\n

A parliamentary committee has reviewed the scheme and recommended Queensland implement a hybrid model, which combines the no-fault statutory scheme with the ability for people to sue under common law.<\/p>\n

This model is supported by the Queensland Law Society, and would add about $76 to the cost of CTP insurance each year. <\/p>\n

The NIIS’s no-fault statutory scheme would add about $60 to the insurance component of vehicle registrations. <\/p>\n

The NIIS needs to be in place by July 1, so it’s believed legislation to make the change will be introduced into Parliament next week.<\/p>\n

Treasurer Curtis Pitt said the NIIS would support those who are severely injured or disabled through vehicle-related accidents.<\/p>\n

“Most people would be aware of the National Disability Insurance Scheme and the support it will offer people born with a disability, but some may not be aware of the NIIS and its initial priority to cover those injured in motor vehicle crashes,” he said.<\/p>\n

“Because CTP is a fault-based scheme. it leaves some catastrophically injured motorists without cover for medical costs, rehabilitation and ongoing care if they are deemed to be at fault in a crash or if nobody is found to be at fault.<\/p>\n

“The MAIC estimates an average of three people a week sustain catastrophic injuries – including brain or spinal injuries, limb amputations, severe burns, or blindness – in Queensland road crashes.<\/p>\n

“But about half of those people are not covered by CTP insurance because they are found to be at fault or no one was at fault.<\/p>\n

“Nobody would risk being half-protected so doing nothing the fill the gap in CTP cover is not an option.”<\/p>\n

Last year, registration increased by twice the rate of inflation, with the cost of registering a four-cylinder car rising by $12 to $340, while registering an eight-cylinder car rose by $23 to $693 annually.<\/p>\n

The government said the rise was pegged to the government indexation policy and paid for “vital” road infrastructure.<\/p>\n

The RACQ rated Queensland as the most expensive place in Australia to own a car last year.<\/p>\n","protected":false},"excerpt":{"rendered":"

The cost of registering a motor vehicle is set to rise between $60 and $76 a year from July 1.<\/p>\n","protected":false},"author":3,"featured_media":277865,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,3],"tags":[],"yoast_head":"\nCTP Set To Rise On July 1 - southburnett.com.au<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southburnett.com.au\/news2\/2016\/04\/14\/ctp-set-to-rise-on-july-1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CTP Set To Rise On July 1 - southburnett.com.au\" \/>\n<meta property=\"og:description\" content=\"The cost of registering a motor vehicle is set to rise between $60 and $76 a year from July 1.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/southburnett.com.au\/news2\/2016\/04\/14\/ctp-set-to-rise-on-july-1\/\" \/>\n<meta property=\"og:site_name\" content=\"southburnett.com.au\" \/>\n<meta property=\"article:published_time\" content=\"2016-04-14T02:18:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-10-19T01:28:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2017\/02\/curtis-pitt-f-300x200.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dafyd Martindale\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dafyd Martindale\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/southburnett.com.au\/news2\/2016\/04\/14\/ctp-set-to-rise-on-july-1\/\",\"url\":\"https:\/\/southburnett.com.au\/news2\/2016\/04\/14\/ctp-set-to-rise-on-july-1\/\",\"name\":\"CTP Set To Rise On July 1 - 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