Fed: Govt wins widespread support for insurance changes
By Shane Wright
CANBERRA, Jan 21 AAP - The federal government today won near unanimous support forplans to reform public liability insurance laws in a bid to drive down premiums.
Small Business Minister Joe Hockey has written to all states urging them to back thecreation of a national compensation scheme, which would replace what he termed the lotteryof insurance payouts.
He said small businesses were being sent to the wall by skyrocketing premiums whichhad risen by up to 500 per cent.
Retailers, business and tourism groups backed the plan, saying it would reduce theonerous …
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