Question 1: What modelling are you relying on to claim that households would save $250? Who did the modelling for you and why won’t you release it?
Question 2: The Insurance Council of Australia Estimates the financial loss of a major fire event around Hobart would be $4.1 billion. Do you accept that even if TasInsure only took a relatively small percentage of the market, a major event would send MAIB broke and leave massive liabilities with taxpayers?
Question 3: Do you have, and will you commit to releasing a detailed business case?
Question 4: Do you accept that you plan exposes RACT, which is owned by Tasmanians for Tasmanians, to massive financial risk?
Question 5: Have you examined case studies, such as a US equivalent proposal for Bushfire and Flood insurance which was bankrupted costing taxpayers over $20 billion?
Question 6: How many staff will it have?
Question 7 : What is the annual operating cost?
Question 8: How much equity will TasInsure need? Given the Tasmanian budget is already sinking towards $13 billion in net debt, where will that come from and doesn’t it risk another credit downgrade?
Question 9: Given it’s your number one policy, have you submitted it to Treasury?
Question 10: When will it be up and running?
Josh Willie MP
Shadow Treasurer
