It looks like Jeremy Rockliff might need to hang his TasInsure jacket in the back of the wardrobe.
The Liberals’ flagship election policy has been exposed as a cruel hoax following a review from an expert the government described as the ‘Michael Jordan of the insurance industry.’
Announced during last year’s election, TasInsure was supposed to be a government-owned insurance business. The media release from the time details how it will leverage MAIB’s balance sheet to directly offer a range of insurance products to Tasmanians. As if it wasn’t clear enough, infamously the Liberals even hired a shopfront to promote the newly conceived business.
In conducting his review of the policy, John Trowbridge has condemned the idea of a new government insurance office, saying “such an ambition would not only be a disruption on an unachievable scale but also an aspiration with high risk, high cost and low chance of delivering.”
At the time of the election, the TasInsure thought bubble received universal criticism from industry experts and economists. With their original plan debunked and dismissed by their own review, the Liberals have now been forced to change their approach completely.
Talk about egg on face for the Rockliff Government. Their flagship election policy didn’t even last a year before they had to kill it themselves.
The Greens will take our time to go through what the Liberals have put forward with their new plan. However one thing is already clear: the promise they made to Tasmanians at the election was nothing more than a cruel hoax that was cynically designed to distract from the stadium.
