LETTER TO THE EDITOR
Sir – I invite Territorians to join the fight against the CLP Government selling TIO.
“TIO is the only insurer in the Territory market that provides no-loophole cyclone, flood and storm surge cover. Adam Giles and the CLP Government are pushing to sell TIO with no mandate from Territorians.
He and the CLP Government voted down a Labor motion in Parliament to stop the asset sales and take their plans to the next election or a referendum so Territorians can vote on the issue.
The CLP is risking creating an insurance crisis in the Territory like that in Queensland, where some areas can’t even get flood and cyclone cover.
Territorians are already highlighting massive hikes in private insurance quotes compared to TIO for flood and storm surge, and this will get worse when TIO is sold.
Territorians against the sale of TIO can sign a petition online at http://www.change.org/p/northern-territory-government-don-t-sell-tio.
This petition, which will be tabled in Parliament, gives Territorians a way to have their say.
CLP members will need to vote in Parliament to support the sale of TIO so we also urge Territorians to pick up the phone or email CLP members of Parliament.
Leader of the Opposition