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

 

Trade Plans: Prime Minister's Speech To International Business Forum

"The work to improve public services, build infrastructure, and solve social problems is possible only because we have enjoyed sustained, solid economic growth. A big reason for that is the Government’s consistent agenda of economic reform, and our determination to open up more opportunities for trade with the world." More>>

ALSO:

Media: TVNZ Flags Job Cuts To Arrest Profit Decline

Chief executive Kevin Kenrick said the changes were aimed at creating "a sustainable future video content business for TVNZ in an ever-changing media market." More>>

ALSO:

Reserve Bank: Wheeler Keeps OCR At 1.75%

Reserve Bank governor Graeme Wheeler kept the official cash rate unchanged at 1.75 percent, as expected, and reiterated his view that the benchmark rate doesn't need shifting for the foreseeable future. More>>

ALSO:

f work for Pumpkin Patch staff

Retail: Pumpkin Patch Brand, IP Sold To Catch Group

The receivers of failed children's clothing retailer Pumpkin Patch have confirmed that the company's brand and intellectual property have been sold to Australian online retailer Catch Group. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news