Scheme review 2023

Queensland’s compulsory third party (CTP) insurance scheme is one of the fairest and most affordable CTP schemes in Australia. The Queensland Government is committed to ensuring the scheme continues to remain affordable and sustainable into the future.

To view information on previous Queensland CTP insurance scheme reviews please visit the MAIC Queensland Publications Portal page.

A review of Queensland’s CTP insurance scheme was commenced by the Motor Accident Insurance Commission (MAIC) in 2023. As part of the review, a discussion paper was released for public consultation focused on identifying opportunities to improve the scheme’s sustainability and encourage price competition, while ensuring the scheme remained affordable for motorists.  

A total of 19 submissions, as well as one addendum submission, were received from key stakeholder groups and the wider community. Stakeholders had contrasting views on the best way to deliver improvements. None of the options received unanimous support and many stakeholders were complimentary of the existing scheme, which was seen to be serving the community well. 

The review was placed on hold after RACQ’s decision to exit the scheme in late 2023 and was not finalised before the 2024 State election. 

After careful consideration of the review material and additional consultations and analysis, the Queensland Government finalised the review in early 2026 and decided that reform of the scheme will not be progressed at this time. 

As at finalisation, the CTP scheme is performing well, with the majority of Queensland motorists paying the lowest CTP premiums in mainland Australia. In addition, since October 2025, Queensland motorists have also been benefiting from the return of competitive premiums across multiple vehicle classes for the first time in over a decade, putting downward pressure on the cost of living. 

MAIC will continue to engage with stakeholders and closely monitor the scheme’s affordability, competitiveness and performance to ensure it keeps delivering for Queenslanders. 

MAIC thanks all stakeholders who made submissions and contributed to the review process. 

Discussion paper

Last modified 13 March 2026

Andi

Got a minute?

We'd love your feedback on our virtual assistant.

Start survey

No thanks

Hello, I'm Andi. I'm here to help you with your CTP related enquiries.