Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Farmers chuffed at proposed ACC levies

Media Release

FREEPHONE 0800 327 646 I WEBSITE WWW.FEDFARM.ORG.NZ 

17 September 2013

Farmers chuffed at proposed ACC levies

ACC’s proposed levies for 2014/15 has received the thumbs-up from Federated Farmers.  Yet with ACC levies still needing political sign-off, Federated Farmers is asking if the time has come to remove politicians from levy decision-making.

“The proposed levies for 2014/15 is potentially good news for farmers and should save them hundreds of dollars each year, especially if they are employers as well,” says Katie Milne, Federated Farmers ACC spokesperson.

“From our perspective, the performance of ACC has jumped up a few notches over recent years.  From the performance of its investments to getting people fit for work, it seems to be getting the mix right.

“While we farmers may work in one of the highest risk groups, at last, we are seeing an improved safety record over the past five years for dairy, beef and sheep farmers translate into lower proposed levies.

“One thing we will be watching closely is to ensure any cut to levies doesn’t shift the goal posts of entitlement when farmers need to claim.  This must be from a more efficient ACC rather than chalking up accidental injuries as just the ‘wear and tear’ of being alive. 

“Admittedly 2012/13 did see an increase in farming claims and costs of claims, but the levies are based on a five year rolling average and that measure is more stable.  It is good that ACC is sending farmers the solid message that improved safety is good for the bottom line.

“That will lock in good behaviour because if our safety record does go south, then higher levies will be the result.  It is in our hands as an industry to guard against this.

“So if the politicians do tick off ACC’s proposed levies the work account levies for pastoral farming should be cut by around 20 percent.  The earner account levy is also proposed to be cut by 15 percent.

“Having politicians ultimately saying yay or nay sticks in my craw. You must ask why ACC is required to go first by the Minister and then Cabinet to get its levies signed-off when we don’t do that with the Official Cash Rate, medicines or even the price of a stamp.

“All Kiwis benefit from a well run and focused ACC; just look at the proposed 15 percent cut in the motor vehicle account average levy that will save $50.68. 

“ACC is now researching the safety performance of car makes and models with a view to bringing in different levy rates based on four ‘bands’.  It is this kind of innovation that tells me the time has come for it to have political independence for levy setting,” Ms Milne concluded.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Power Outages, Roads Close: Easter Storm Moving Down Country

The NZ Transport Agency says storm conditions at the start of the Easter break are making driving hazardous in Auckland and Northland and it advises people extreme care is needed on the regions’ state highways and roads... More>>

ALSO:

Houses (& Tobacco) Lead Inflation: CPI Up 0.3% In March Quarter

The consumers price index (CPI) rose 0.3 percent in the March 2014 quarter, Statistics New Zealand said today. Higher tobacco and housing prices were partly countered by seasonally cheaper international air fares, vegetables, and package holidays. More>>

ALSO:

Notoriously Reliable Predictions: Budget To Show Rise In Full-Time Income To 2018: English

This year’s Budget will forecast wage increases through to 2018 amounting to a $10,500 a year increase in average full time earnings over six years to $62,200 a year, says Finance Minister Bill English in a speech urging voters not to “put all of this at risk” by changing the government. More>>

ALSO:

Prices Up, Volume Down: March NZ House Sales Drop 10% As Loan Curbs Bite

New Zealand house sales dropped 10 percent in March from a year earlier as the Reserve Bank’s restrictions on low-equity mortgages continue to weigh on sales of cheaper property. More>>

ALSO:

Scoop Business: Chorus To Appeal Copper Pricing Judgment

Chorus will appeal a High Court ruling upholding the Commerce Commission’s determination setting the regulated prices on the telecommunications network operator’s copper lines. More>>

ALSO:

Earlier:

Cars: Precautionary Recalls Announced For Toyota Vehicles

Toyota advises that a number of its New Zealand vehicles are affected by a series of precautionary global recalls. Toyota New Zealand General Manager Customer Services Spencer Morris stressed that the recalls are precautionary. More>>

ALSO:

'Gardening Club': Air Freight Cartel Nets Almost $12 Million In Penalties

The High Court in Auckland has today ordered Swiss company Kuehne + Nagel International AG to pay a penalty of $3.1 million plus costs for breaches of the Commerce Act. Kuehne + Nagel’s penalty brings the total penalties ordered in this case to $11.95 million ... More>>

ALSO:

Crown Accounts: Revenue Below Projections

Core Crown tax revenue has increased by $1.9 billion (or 5.0%) compared to the same time last year. However this was $1.1 billion less than expected and is reflected across most tax types, continuing the pattern of recent months. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news