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Newcastle Herald
Newcastle Herald
National
Ian Kirkwood

Emergency levy axing would save Hunter households 15 per cent on insurance

Waterlogged belongings in Islington after the Pasha Bulker storm in 2007. Newcastle now has more detailed flood maps for low-lying areas, but the subsequent rises in premium costs are being questioned. Picture by Kitty Hill

THE Insurance Council of Australia says Hunter households would save 15 per cent on their home insurance if the NSW government axed the Emergency Services Levy and found "a fairer way" to fund police, fire and related services.

In a report published today titled A Stronger NSW, the insurance council says NSW is the only Australian state with such a levy, with insurance customers in NSW paying almost three times as much in state taxes as their Victorian counterparts.

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