Motorists could save about 15 per cent on their green slips under proposed reforms to make the Compulsory Third Party (CTP) insurance scheme fairer and more affordable. NSW Premier Barry O’Farrell and Minister for Finance and Services Greg Pearce said CTP in NSW is the least affordable in Australia and a NSW Motor Accidents Authority review had recommended an overhaul. “CTP needs to be more affordable for motorists and fairer for people injured in motor vehicle accidents,” Mr O’Farrell said. “At the … Continue reading NSW intends to go from a compulsary third party insurance scheme to a no fault scheme for transport accidents