Car owners see red over hike in Greenslips
DRIVERS on the Northern Rivers will soon be paying up to $70 more for their Greenslips, and Goonellabah mechanic Justin Whicker says people will be 'annoyed'.
“Insurance companies are probably doing it tough because of the economic situation,” he said.
“So their solution is to pass on their costs to their customers.
“I imagine that people will be annoyed about it – people get annoyed when the price of anything increases.”
The Motor Accidents Authority has approved a 7 per cent base premium increase across the board for compulsory third party (CTP) fees from February 1, according to reports yesterday.
“Most people pay less than $300 for their Greenslips, so the average increase will be $20 or so,” Mr Whicker said.
“The thing is that you've got to have the Greenslip to register your car.
“You really don't have a choice about it.
“I'm in the same position as everyone else – I've got to pay it too.”
Another Lismore mechanic, who did not want to be named, said the premium increase could hurt local families.
“People will think it's too expensive,” he said.
“They already think Greenslips cost too much.”
The increase comes on top of the $10 government levy increase in November's mini-budget.
The new increase means drivers have copped a 14 per cent jump in their base CTP rate since November – three times the national inflation rate.