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NSW ESL Changes

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The NSW State Government has provided the above information regarding continuing increasing costs of the Emergency Services Levy on your insurance premiums after the 1st July 2019.

The information may sidestep the fact that only NSW and Tasmania continue to fund Emergency Services via a Levy on Insurance Premiums.  This means those who are prudent enough to insure their property are unfairly burdened with these costs that should be shared by all property owners.

It also may not highlight that after the ESL increases on July 1, NSW households will typically pay more than 50% in taxes on insurance, and small businesses could be paying up to 70%.  A situation described as 'obscene' by one prominent Industry participant.  Only products like cigarettes and alcohol suffer taxes at levels designed to discourage sales such as these.

More information from the NSW Government appointed 'Emergency Services levy Insurance Monitor' is available at www.eslinsurancemonitor.nsw.gov.au

AUSTBROKERS CENTRAL COAST PTY LTD

ABN.  21 103 193 406
Australian Financial Services Licence No. 244618
Unit 4, 3 Pioneer Avenue, Tuggerah  NSW 2259
PO Box 3009 Tuggerah  NSW 2259
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* Life Insurance provided by our sister company markey financial services
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© COPYRIGHT 2019  ALL RIGHTS RESERVED.
  • Home
  • Who we are
  • Business Insurance
    • Business Insurance - Commercial Insurance
    • Public Liability Insurance and Products Liability Insurance
    • Professional Indemnity Insurance
    • Construction Insurance
    • Truck Insurance and Fleet Motor
    • Cyber Insurance
    • Home Insurance - Car Insurance - Personal Insurance Solutions
    • Farm Insurance
  • Life Insurance *
  • Your Team
  • Contact us
    • Pay Online
    • Claims Help >
      • Claim Notification
      • Glove Box Guide
  • Resources
  • plum jamb