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

 

Government Needs To Explain ACC Rationale

New Government Needs To Explain Rationale For Safety And Competition Reversal

“Success in an open economy demands that the new Government takes a strong pro-competitive stance. New Zealand businesses cannot compete successfully in the globalised economy if they are hampered and restricted by lack of competition and excess cost at home.”

An Employers’ Federation statement? No. Dr Michael Cullen, Finance Minister, first speech, Wellington, 14 December 1999.

“We agree with Dr Cullen. He is right. It is therefore somewhat puzzling that one of the first things his new Government seeks to do is the exact opposite of his sentiments expressed just yesterday.

“While Labour have made it reasonably clear they want to change the very positive ACC reforms of last July, they haven’t yet made clear why.

“They now need to explain to New Zealanders their rationale for wanting to reverse the positive changes made.

“Last year’s reforms have changed the incentives that have operated for the last 25 years. They have meant better workplace safety, more emphasis on the rehabilitation of those who do get injured, choice, and greater innovation.

“And with a more “pro-competitve stance” costs have also reduced.

If the new Labour-Alliance Government have found a new way of doing things that provides the same benefits to workers and businesses, then great. But the rationale is not clear as to why this Government wants to reverse last year’s positive reforms. They need to explain,” Mr Marshall concluded.

ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Disasters And Insurance: NZ Ranked 2nd Riskiest Country

New Zealand is ranked as the second riskiest country in the world in a major international study released by Lloyd’s of London. The report looks at non-life underinsurance and insurance penetration data for 43 countries. More>>

Forest And Bird: Landmark Court Decision Protects Reserves From Mining

The Court of Appeal found that the Council cannot enter into an access arrangement that is incompatible with the primary purpose of the reserve and had to protect the natural and biological features of the reserve. More>>

ALSO:

Retail: International Websites To Pay GST

New rules would be aimed at imported goods valued at or below $1,000. Customs would retain responsibility for collecting GST on imported parcels valued more than $1,000. More>>

ALSO:

High-Level Advice: PM’s Business Advisory Council Membership Announced

The Prime Minister’s Business Advisory Council brings together a mix of experts, six women and seven men with small to large business experience, from across New Zealand, to provide advice. More>>

ALSO:

Improving: Report Shows New Zealand Air Quality 'Good'

Our air 2018, produced by the Ministry for the Environment and Stats NZ, shows that while some previously known issues persist, progress has been made and levels of some pollutants are declining. More>>

ALSO:

Greenpeace: Govt Extends OMV Exploration Permit

The Government has just granted oil giant OMV a two-year extension to drill in the Great South Basin, despite issuing a ban on new oil and gas exploration permits in April. More>>

ALSO: