I posted a link the other day but got no response.
The RTA have released the details for the new VSCCS. Basically in a nut shell it requires all engineers in NSW to reapply for a license with different conditions.
The major issue with this new scheme relates to the insurance requirements for engineers. Basically the RTA is requiring engineers to hold Public liability and professional indemnity insurance during and for 7 years after participating in the scheme.
I dont know the exact cost, but i estimate that these insurances will be between $3-4k per year (i think our company pays around $3k for PI and have much lower risk). What this means for the engineer is that they will be paying $21-28k after they retire or stop being a signatory.
The engineers are in uproar about this and if it goes ahead, very few will sign up for the scheme. At this stage none. The ones that do will have an absolute monopoly on us.
This could quite possibly spell the end for ICVs in NSW. There are also other requirements for compliance plates and online certificates and photos but im not going into that because i dont see it as a show stopper.
If you are planning on registering a car in NSW or want to see more cars registered please put in a comment to the RTA using the form on the following link. Also keep in mind that if the RTA do this there is nothing to stop other states following. I have sent off an email to Ken Cleary at
vsccs@rta.nsw.gov.au and i urge you all to do the same.
http://www.rta.nsw.gov.au/registrati...mment_dl1.html
http://you-have-to-be-kidding.blogspot.com/