The asset insurance arrangements of Australian state governments

The asset insurance arrangements of Australian state governments

22 September 2011

© Commonwealth of Australia 2011
ISBN 978-1-74229-495-7

View the report as a single document - (PDF 639KB)


View the report as separate downloadable parts:

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Membership of Committee (PDF 210KB)
 
Chapter 1 - Introduction (PDF 87KB)

Background
The referral
Conduct of the inquiry
Structure of the report

 
Chapter 2 - The Australian states' current insurance and reinsurance arrangements (PDF 144KB)

Captive insurance and reinsurance
State governments' captive insurance and reinsurance arrangements
Concluding comment

 
Chapter 3 - The Natural Disaster Relief and Recovery Arrangements and the states' GST share (PDF 163KB)

The Natural Disaster Relief and Recovery Arrangements (NDRRA)
How is the level of state government assistance calculated?
Amending the NDRRA
Broader review of disaster insurance arrangements
Concluding comment

 
Chapter 4 - Views on Queensland's insurance arrangements (PDF 80KB)

Treasury's view of Queensland's insurance arrangements
The Queensland Government's view
The Insurance Council's view
Queensland's current approach to the market
Concluding comment

 
Chapter 5 - The committee's view and recommendations (PDF 70KB)

Improving transparency and consistency in insurance arrangements
The Commonwealth Grants Commission and the 'all state average'
The moral hazard problem
The meaning of 'cost effective'

 
Minority report by Independent Senator Nick Xenophon (PDF 107KB)

Requests for documentation
The 2003–2004 reinsurance quote
The NDRRA
Current inquiries and future arrangements
The current approach to the market

 
APPENDIX 1 - Submissions and Additional Information Received (PDF 18KB)
 
APPENDIX 2 - Public Hearing and Witnesses (PDF 6KB)

For further information, contact:

Department of the Senate
PO Box 6100
Parliament House
Canberra ACT 2600
Australia

Phone: +61 2 6277 3540
Fax: +61 2 6277 5719
Email: economics.sen@aph.gov.au