NSW ESL removal from insurance premiums is on hold
On 30 May 2017, the NSW Government announced their intentions to defer the introduction of the new Fire and Emergency Services Levy (FESL) on council rates and defer the removal of Emergency Services Levy (ESL), which was due to commence 1 July 2017.
This means the NSW Government will potentially require insurance companies to continue to contribute to the combined emergency services organisations until it has completed its review of the FESL policy, with no timeline stated for the reforms to recommence.
We are currently working with the NSW Treasury and the ESL Insurance Monitor's office about how and when we will recommence collecting ESL via insurance policies, as the legislation removing ESL funding requirements from insurers will need to be amended by the Government.
We are focussed on ensuring the fairest outcome for all our customers throughout this process and continue to support the removal of ESL from insurance premiums.
More information will be provided as it becomes available.
Further information can be found at https://www.revenue.nsw.gov.au/taxes-duties-levies-royalties/emergency-services-levy.
Any additional questions can be directed to the ESL Monitor's Office on 1300 607 723.