Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Wavering Govt MPs face ACC challenge


“The Opposition will be pushing for big improvements to the Government’s ACC Bill tomorrow (Tuesday) so it goes some way to meeting the overwhelming concerns of New Zealanders,” Opposition ACC spokesperson Gerry Brownlee said today.

“And we believe many Government MPs are of a mood to accept our changes.

“They realise they have overstepped the mark forcing the ACC re-nationalisation on us. It is also clear they underestimated the strength of support for the current competitive system.

“National will be using the committee stages of the Accident Insurance (Transitional Provisions) Bill this week constructively.

“We will be introducing an amendment to require that the huge employers account fund under ACC is subject to the same prudential supervision that the private insurers were subject to.

“The Government legislation currently lets the fund build up – but has no safeguards about where it can be invested or what it can be used for.

“Failure to have prudential supervision in place in the past has contributed to ACC’s poor performance in the past (hundreds of millions of dollars of funds lost through poor investments).

“National wants the prudential supervision measures to ensure the money is not siphoned off by the Government of the day, or into bad or risky investments.

“What with this fund and the new superannuation fund, Dr Cullen is showing a real desire for gathering up other people’s money. We should all be highly suspicious of this trend, but at the very least we’ll make it hard for Labour and the Alliance to misuse it.”

Ends



© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

SCOOP COVERAGE: CHRISTCHURCH MOSQUES TERROR ATTACK


Fair Pay Agreements Good: CTU Releases Report On Sector Bargaining

The Council of Trade Unions has today released an independent report conducted by economic research company BERL into the validity of sector bargaining.

And the findings are clear - there is no economic reason not to implement sector bargaining but many social and individual wellbeing reasons to do so. More>>

 

Health: Ban On Smoking In Cars With Children Passes First Reading

The Smoke-free Environments Amendment Bill would allow police to issue $50 fines for those smoking with passengers under 18 years of age. More>>

ALSO:

Goldsmith New National Finance Spokesperson: Amy Adams To Leave Politics In 2020

Amy Adams has announced she will retire from politics at the 2020 election and as a consequence of that decision she has chosen to stand down from the spokesperson roles she holds in the Party. More>>

ALSO:

Gordon Campbell: On The Government's Cosmetic Banking Reforms

The elephant in the room as the government carries out its latest bout of tinkerings with our banking practice is the extraordinary level of profit-taking still being extracted by the Australian Banking Gang from ordinary New Zealanders. Yes indeed, ... More>>

ALSO:

IPCA: Offensive Language, Misuse Of Pepper Spray

The Independent Police Conduct Authority has found that, following a pursuit in Auckland, a man was dealt with inappropriately and unprofessionally by a Police officer during his arrest. More>>

ALSO:

Stats NZ: Gender Inclusive Questions Introduced

More than 28,000 New Zealand households will be asked to take part in the upcoming Household Economic Survey. Starting this year, the survey will ask people to describe their gender – whether that is male, female, or if they see themselves another way, such as one of many non-binary genders. More>>

New Report: Are We Listening To Children?

A report released today is a sharp reminder that what children and young people say makes a difference, and that it’s time we paid more attention to their views, says Children’s Commissioner Andrew Becroft. More>>

ALSO:

The Nation: Canadian Euthanasia Practitioner Stefanie Green

The euthanasia debate is progressing, with the End of Life Choice Bill expected to have its second reading in Parliament on Wednesday. A similar bill was passed in Canada in 2016 ... More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels