Dr Allan Manning explains that the high level of taxation on insurance is causing a drop in demand in insurance. This impacts on businesses in the event of a loss and is detrimental the Australian economy.
A very good video. It lays out all the facts about insurance taxes in a clear and easy to understand manner.The only way the community and the insurance industry can win on this is via public awareness and resultant pressure on the State Governments. Please share this video with EVERYONE you know in VIC, NSW and TAS so that consumers in these states are aware of the amount of tax that they are being penalised with for being prudent enough to insure.
A very good video. It lays out all the facts about insurance taxes in a clear and easy to understand manner.The only way the community and the insurance industry can win on this is via public awareness and resultant pressure on the State Governments. Please share this video with EVERYONE you know in VIC, NSW and TAS so that consumers in these states are aware of the amount of tax that they are being penalised with for being prudent enough to insure.
Catherinepettitt 3 years ago
Excellent comments, well presented. It's time some Government ministers started to take notice.
mjharrison111 3 years ago
A very important topic. Great work LMIG
haydo2905 3 years ago
This Video helped me out alot on my insurance project for uni, thanx alot.
IheartTupac4ever 3 years ago
a very interesting and informative video. good work LMI group! top shelf!
rahaul123 3 years ago