It isn’t.

At the election, Premier Rockliff promised Tasmanians a new government business that would sell home and contents insurance, small business insurance, community insurance and regional insurance.

Today, he couldn't explain how a policy that no longer creates a government insurance business is somehow the same promise.

Tasmanians were promised $250 a year off their premiums and lower grocery prices. Now they're getting a taxpayer-funded bureaucracy that won't sell insurance, but according to Premier Rockliff will now somehow save them more than the original $250 on their annual insurance bill. 

Instead of cheaper insurance, Tasmanians are getting a watered-down talkfest that will not sell insurance, will not cut premiums, and will not reduce grocery prices.

Premier Rockliff promised TasInsure “wouldn’t cost taxpayers a cent”, but Tasmanians are now footing the bill for more Liberal waste, including $100,000 paid to an insurance executive to tell him what everyone else was already telling him for free, and $50,000 more in waste that he's fessed up to in Parliament today. 

Premier Rockliff refused to release modelling during the election because he claimed it would disadvantage competitors. The truth is there was no modelling, no business case, and now no actual TasInsure.

Tasmanians struggling with rising insurance costs were sold a fake policy for a real problem. Now they're being told they'll foot a $4.2 million bill as political cover for Premier Rockliff so he can pretend he didn't break his election promise. 

If the Liberals are willing to break the signature promise of their election campaign, how can Tasmanians trust anything else the Government says?