The NMVTRC was established in 1999 as a joint initiative of Australian State and territory governments and the insurance industry in order to advance reform and cooperation between industry, government and community stakeholders to lower vehicle crime rates.
Ahead of the 25 November election, the motoring body called on all political parties to restore the vital funding to fight the growing problem of car theft.
RACQ spokesperson Kirsty Clinton said Queensland was the only State no longer part of the initiative which had successfully reduced the cost of car thefts to the Australian community by $400 million per year.
“Queenslanders deserve to have the NMVTRC reinstated by the incoming government. The rest of the country is benefitting significantly from being part of this initiative but, unfortunately, drivers here are missing out,” Ms Clinton said.
“Under the NMVTRC, vehicle crime in Australia reduced by more than 65 percent. Since Queensland exited the initiative in 2012, it’s having a negative impact on our State.
“In the 2016/17 financial year, Queensland’s passenger vehicle theft rate increased by 24 percent compared to a national average of six percent.
“Queensland motorists are the ones who wear the additional costs of having to buy replacement cars and in increased insurance costs.”
Ms Clinton said the benefits of being part of the NMVTRC far outweighed the costs.
“The investment for the State Government is low compared to the significant savings made from the initiative,” she said.
“We estimate it would cost around $220,000 per year to be part of the scheme and that for every $1 invested motorists would receive an almost three-fold benefit.”