Brennan still at odds with insurance companies

The Department of Transport and the insurance industry are still locked in talks on how best to reward drivers that don't clock up penalty points.

Transport Minister Seamus Brennan said he wants motorists who avoid penalty points to be rewarded with a 10 to 15 per cent reduction in premiums. However, insurance companies are resisting the move. Minister Brennan has given the industry one last opportunity to come up with an agreed formula.

Minister Brennan said he would hand over the National Driver File, which holds penalty point information on every motorist in the state, to the company that offers the best discount, if the insurance industry fails to come up with an agreed proposal.