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

 

Labour Acc Policy Bad For Workers

Media Release

Thursday 1 July 1999

Labour Acc Policy Bad For Workers

In a scathing attack, Employers’ Federation CEO, Steve Marshall, said today that Labour’s ACC policy was crazy ideology with no recognition of the benefits a competitive accident insurance market can provide to employers, employees, and their families.

“The best thing about the Government’s new regime which comes in today, is that there are now clear incentives on those involved to improve workplace safety and prevent accidents happening. This will mean fewer injuries and deaths than would otherwise be the case, which has to be good. The new regime also means far more emphasis on rehabilitation when someone does get injured. This will help them back into both the productive workforce and full participation in society

“This is good for everyone, employers, employees, and their families.

But Labour’s ACC policy is bad.

“Reintroducing lump sum payments is a backward step and will do nothing to help the long-term rehabilitation of those injured in the workplace. It would simply be a lottery. Surely the best approach is to ensure those who need support, get it.

“And effectively neutering the work capacity test does nothing to help injured people get back on their feet and into productive employment. Incentives to remain dependant on compensation when actually fit to resume work are in no-ones’ interest.

“Experience rating is a fundamental pillar of an effective accident insurance and rehabilitation regime to ensure employers control risk in their workplaces and carry some financial liability for failure to do so. Removing this simply does not make sense for anyone.

“I would have thought that any political party that genuinely cared for workers and their families would support common sense. Instead we have the Labour party practising this crazy, extreme ideology of removing competition. This will inevitability increase the cost of employment, costing jobs, and wont help improve worker safety.

“Yes, some businesses will now be paying more, some will be paying less. But businesses now have options, choice and the incentive to work harder to improve safety. More… “Even the Union movement criticised the old ACC because they know that the incentives simply didn’t exist to get injuries down, and to rehabilitate those who did get injured. Why does Labour want to go back?

“Labour policy is just ideology gone mad. If the implications weren’t so serious in relation to jobs and workplace safety, one could be inclined to think that this announcement was just a joke,” Mr Marshall concluded.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Industry Report: Growing Interactive Sector Wants Screen Grants

Introducing a coordinated plan that invests in emerging talent and allows interactive media to access existing screen industry programmes would create hundreds of hi-tech and creative industry jobs. More>>

ALSO:

Ground Rules: Government Moves To Protect Best Growing Land

“Continuing to grow food in the volumes and quality we have come to expect depends on the availability of land and the quality of the soil. Once productive land is built on, we can’t use it for food production, which is why we need to act now.” More>>

ALSO:

Royal Society: Calls For Overhaul Of Gene-Technology Regulations

An expert panel considering the implications of new technologies that allow much more controlled and precise ‘editing’ of genes, has concluded it’s time for an overhaul of the regulations and that there’s an urgent need for wide discussion and debate about gene editing... More>>

ALSO:

Retail: Card Spending Dips In July

Seasonally-adjusted electronic card spending dipped in July by 0.1 percent after being flat in June, according to Stats NZ. Economists had expected a 0.5 percent lift, according to the median in a Bloomberg poll. More>>

ALSO:

Product Stewardship: Govt Takes More Action To Reduce Waste

The Government is proposing a new way to deal with environmentally harmful products before they become waste, including plastic packing and bottles, as part of a wider plan to reduce the amount of rubbish ending up in landfills. More>>

ALSO:

Earnings Update: Fonterra Sees Up To $675m Loss On Writedowns

“While the Co-op’s FY19 underlying earnings range is within the current guidance of 10-15 cents per share, when you take into consideration these likely write-downs, we expect to make a reported loss of $590-675 million this year, which is a 37 to 42 cent loss per share." More>>

ALSO: