61,884 motor vehicle owners across the Central Coast will be able to access their CTP Green Slip refund from today.
The NSW Liberal National Government last year overhauled the old CTP Green Slip Scheme to create a more affordable, lower cost scheme. In addition to lower premiums in 2018, the Government is providing partial refunds to the owners of vehicles across the state with insurance premiums calculated based on the cost of the old scheme.
Refund amounts will differ between motorists depending on when they renewed their Green Slip. The closer to 1 December 2017 a motorist paid their premium, the larger the refund.
Minister for Finance, Services and Property Victor Dominello said that, as a result of the Government’s reforms, over $2.1 million will be returned to local vehicle owners. The average refund is $39.
“The new CTP scheme is delivering a big win for motorists through lower premiums, greater protections for those injured on the road and refunds on premiums paid during 2017,” Mr Dominello said.
Parliamentary Secretary for the Central Coast MacDonald MLC said the new CTP scheme is delivering significant savings for motorists.
People with a MyServiceNSW email account can expect to receive an email advising them if they are entitled to a refund. The refund will be processed through their MyServiceNSW account and paid into a bank account of their choice. Vehicle owners who do not have a MyServiceNSW account can check online if they are eligible for a refund (www.service.nsw.nsw.gov.au/greensliprefund)or by visiting their local Service NSW Centre before creating an account.
Refunds will continue to be available in the coming days and weeks and are available until 30 September 2018.
This is one of a raft of NSW Government measures helping to ease cost of living pressures for households. The Government has also introduced free car registration for regular toll users, cheaper hospital car parking, and the FuelCheck app.