Treasurer Andrew Barr is expressing his displeasure after the Greens and Liberals teamed up to water down his CTP reforms:
The Legislative Assembly today passed the Government’s Road Transport (Third-Party Insurance) Amendment Bill 2011, however the Liberals and Greens combined to pass significant amendments that gutted the Bill.
It is disappointing that the Liberals and Greens have squibbed the chance to make genuine reforms to compulsory third-party insurance. Indeed, the Liberals actually pandered to the legal fraternity and proposed amendments (which were voted down) which would have wound back earlier reforms and massively increased legal fees, thereby leading to increased CTP premiums.