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Transport Accident Commission

My question is to the Minister for Road Safety and the TAC.


The budget announced yesterday relies on an unprecedented cash withdrawal of $890 million from the Transport Accident Commission (TAC). The Transport Accident Act 1986 requires the Treasurer to consult with the TAC ministers before withdrawing capital or a dividend. As the minister jointly responsible for the TAC, what factors in relation to the TAC did you consider before agreeing to the Treasurer’s proposed $890 million cash withdrawal?