Australia’s Updated Motor Vehicle Insurance Code Draft Released for Public Comment
An Australian code administration committee (CAC) has unveiled its updated motor vehicle insurance and repair industry code (draft), opening it to public consultation before formal adoption. This move signals an effort to refine and modernize the existing regulations impacting the motor vehicle insurance sector.
The public consultation period began on March 5, 2025, and will continue for eight weeks, concluding on April 29, 2025. This provides an opportunity for businesses, individuals, and organizations to provide feedback and shape the final version of the code.
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Businesses, individuals and organisations have been invited to have their say via the public consultation route.
The updated code reflects the industry’s response to evolving challenges and opportunities. The review process allows stakeholders to contribute their insights and expertise, ensuring the code’s effectiveness and relevance. The CAC encourages all interested parties to participate by submitting their comments within the specified timeframe.
This development comes amid ongoing discussions about the motor vehicle insurance landscape in Australia. The updated code is expected to address existing issues and contribute to a more robust and transparent market for both insurers and consumers.
By making this draft code available for public review, the process facilitates continuous improvement and the integration of feedback that will benefit the wider industry. Australia’s commitment to the updated code reflects ongoing efforts to develop a stronger, more efficient regulatory environment for the insurance sector.
