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


New ACC levies provide ongoing stability

18 December 2002 Media Statement

New ACC levies provide ongoing stability

Average composite ACC levies for employers, self-employed and earners will remain the same or decrease for 2003/2004, ACC Minister Ruth Dyson said today.

Announcing the 2003/2004 levies, Ms Dyson said the average composite employers’ levy would decrease from $1.25 to $1.21 per $100 payroll, while the average composite self-employed and earners’ levies would remain at $3.30 and $1.20 respectively, per $100 liable earnings.

“The new levies will provide ongoing stability for businesses so that they can plan ahead with certainty. At the same time, they will enable ACC to carry on with its strong injury prevention focus, and provision of effective rehabilitation and fair compensation for people who are injured.”

Ruth Dyson said the motor vehicle levy would increase by 25 per cent, from $169.67 to $211.95

“The increase is primarily to cover better estimations by ACC of long-term costs of rehabilitation and treatment for seriously injured claimants. It will be funded through an increase in excise duty on petrol from 2.3 cents to 5.08 cents a litre. For the average motorist, this represents an extra $41.61 a year in petrol costs.”

Ms Dyson said it was fairer to increase petrol duty than the other source of the ACC motor vehicle levy, a portion of the annual vehicle licence fee.

“The more you drive, the more likely you are to be injured. Petrol usage is the most accurate indicator of the amount of time a motorist spends on the road and is therefore the fairest indication of exposure to risk.”

Ruth Dyson said ACC levies were low compared with overseas premium rates, including those in Australia.

“In July 2002, Australian motor vehicle premium rates, averaged across all states, were $A325 ($NZ355) a year for third party injury only. This is more than twice as much as the current ACC motor vehicle levy of $NZ169.67 which covers all injuries in motor vehicle crashes.”

Ms Dyson said while ACC’s average employer and self-employed levies were stable, many businesses overseas were facing premium increases of up to 500 per cent.

“The ACC scheme has cushioned New Zealanders against the impact of world-wide hikes in premiums which have resulted partly from the fall-out from September 11th and the failure of private workplace insurers like HIH in Australia.

“It is useful to note that HIH provided 25 per cent of workplace cover in New Zealand during ACC’s period of privatisation under the National Government.”

The new ACC levies come into effect on 1 April 2003, with the exception of the motor vehicle levy which comes into effect on 1 July 2003.

A background paper explaining the ACC levies in more detail is attached.

The new levies by industry classification will be available in the ‘products and levies’ section of ACC’s website: from 6pm, 18 December 2002.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Another Reason To Loathe HR Departments (And On The Teachers Strike)

This morning’s news item about Police emergency call centre staff turning up for work while they’re sick – because they’re afraid their sick leave statistics will be used against them, and their jobs put in jeopardy – is not an isolated case...

Obviously, sick people shouldn’t be being treated by doctors and nurses who are themselves sick and potentially infectious. Similarly, Police emergency calls also need to be fielded by people who’re feeling alert, and on top of their game. More>>


MPs' Computers To Be Searched: Inquiry Into Leak On Simon Bridges' Expenses

An inquiry has been launched to find out who leaked the National Party's expenses to the media... Parliament's speaker, Trevor Mallard, said a Queen's Counsel would lead the inquiry with the help of an employment lawyer and also someone with forensic IT skills. More>>


Teachers Strike: Nationwide Rallies And Marches

Teachers and principals voted for a full day strike to be held on 15 August to send a strong message to the Government that the current collective agreement offers from the Ministry of Education would not fix the crisis in teaching. More>>


Wellington.Scoop: City Council Ends Its Support For Jackson’s Movie Museum

The Wellington City Council and the Movie Museum Limited have today announced a mutually-agreed parting of the ways for a joint project between the Council’s Convention Centre and TMML’s Movie Museum... Both parties remain optimistic for the future of their respective projects. More>>

Pay Equity: Historic Settlement For Education Support Workers

The New Zealand Educational Institute (NZEI) and the Ministry of Education today signed Terms of Settlement to address a pay equity claim for 329 support workers who work with very young children in early childhood and primary schools. More>>


Gordon Campbell: On The Stereotypes About Jacinda Ardern

Routinely, female politicians get depicted as either show ponies or battle axes, with little room for anything else in between. .. More>>

Weekend Interviews: "Discriminatory And Racist" Aussie Deportations

The former president of Australia’s Human Rights Commission Gillian Triggs says deportations have risen dramatically in Australia since 2014 when ministers and ministerial delegates were given the power to cancel visas - and half of those being deported are New Zealanders. "These are massive numbers, actually escalating dramatically."... More>>


Legal Challenge: Prisoner Has 9 Boxes Of Documents Seized

Human rights organisation People Against Prisons Aotearoa says a prisoner they advocate for has had 9 boxes of legal documents seized from him just days before his case against the Department of Corrections was to be heard. More>>

Single-Use Plastic Bags: Govt To Phase Them Out

Single-use plastic shopping bags will be phased out over the next year, Prime Minister Jacinda Ardern and Associate Environment Minister Eugenie Sage announced today. More>>





Featured InfoPages