Showing posts with label transport. Show all posts
Showing posts with label transport. Show all posts

May 30, 2012

Cost of Living: Car Registration Fees

In Queensland, motor vehicle registration fees consist of three components:
(a) a base registration fee;
(b) a traffic improvement fee; and
(c) a compulsory third party (CTP) insurance charge. 
The Queensland Government receives the revenue generated by the base registration fee and the traffic improvement fee.  It does not receive the revenue from the third component as the CTP insurance premiums go directly to the nominated insurance provider.

Freeze on Car Registration Fees
During its 2012 election campaign, the LNP made a commitment to freeze family car registration for three years.  The LNP said that this proposal is intended to ease the cost of living for Queensland families by saving them $15 to $20 a year.