General insurer, Youi Pty Ltd, has received permission to enter the NSW CTP market from 1 December 2020. It is the first insurer to join the CTP scheme for many years and the only new entrant since reform in December 2017. Read More
Archive year 2020
New Personal Injury Commission simplifies disputes
The NSW government has decided to create a new Personal Injury Commission. It will resolve disputes for injured road users and workers wanting compensation. Currently, State Insurance Regulatory Authority (SIRA) deals with motor accident injuries and Workers Compensation Commission (WCC) handles worker injuries. Read More
Stimulus package for the taxi industry
The taxi industry has suffered two big setbacks in recent times – Uber and Covid19. Recently, taxi drivers lost most of their work taking people to and from the airport. Cancellation of events and working from home made it even worse. In response, the NSW government has just announced a $12.6 million stimulus package. Read More
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