Thursday, 8 August, 2024
The Insurance Council of Australia (ICA) congratulates the Western Australian Government and Minister David Michael for the introduction of the towing reform bill to Parliament.
The ICA has long advocated for stronger measures to combat unscrupulous and predatory behaviour within the towing sector, including the introduction of pricing regulation to prevent price gouging.
These reforms will bring WA into line with other jurisdictions and will be a win for WA motorists, who are currently charged six to eight times more for tows compared to motorists in the Eastern states.
The Insurance industry stands ready to work with the Government to ensure the prompt implementation of these reforms.
Quote attributable to Insurance Council of Australia CEO Andrew Hall:
Today’s announcement is welcome news for Western Australian motorists across the state. This addresses a key driver of cost for motor insurance in Western Australia.
The ICA and insurers have long called for reform of towing arrangements in WA to prevent price gouging and bring the State into line with other jurisdictions.
We look forward to working collaboratively with all stakeholders to ensure reforms are implemented promptly and effectively for the benefit of all WA motorists.
