Parliament

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

 

Labour hikes ACC levies in Xmas rush of bad news

Pansy Wong MP
National Party ACC Spokeswoman

19 December 2007

Labour hikes ACC levies in Xmas rush of bad news

National Party ACC spokeswoman Pansy Wong says the Government's Christmas present to New Zealand workers, is effectively a tax increase by way of increased ACC levies.

“Labour is using its cynical pre-Christmas dump to hide these levy increases.”

The employee's levy going from $1.16 to $1.24 per $100 of income.

“More information is required to justify why scheme costs have risen in excess of inflation and why economies of scale are not being achieved as claim numbers rise,” says Mrs Wong.

The motorists' levy is also increasing. The average levy per vehicle is increasing from $204.78 to $254.63. That means the price of petrol will be going up for New Zealanders by around two cents a litre.

At the same time, the work account levy is going from $1.32 to $1.26, not $1.25 as forecast in consultation document.

“I question the continued large surpluses in the Work Account, which are now more than $800 million, and a risk premium of 11% for a corporation that faces no competition.

“National's submission to the levy consultation process highlighted the lack of explanation for large administration cost increases across accounts. So far, no justification has been forthcoming.

“When Labour is raising taxes, taxpayers deserve to know why.”

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Scoop 3.0: How You Can Help Scoop’s Evolution

Entering into its third decade of operation, the Scoop news ecosystem is set to undergo another phase of transformation and evolution.

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>

 
 

Speaking Of Transport: Public Engagement On Wellington Scenarios

“Our work on possible solutions for Wellington’s transport future is ongoing, but has progressed to the stage where we’re ready to share our ideas with the public and seek their feedback to help guide our next steps...” More>>

ALSO:

Parental Leave: National's Time-Sharing Change Fails

National has proposed a change to the Parental Leave and Employment Protection Amendment Bill that would allow both parents to take paid parental leave at the same time, if that is what suits them best. More>>

ALSO:

Train Free Thursday: Workers Strike To Defend Terms Of Employment

"They signed up to these conditions a year ago when they got the contract for Wellington's rail services. Now they're trying to increase profits by squeezing frontline workers." More>>

ALSO:

Seclusion: Ombudsman Emphasises Importance Of Monitoring

Disability Rights Commissioner Paula Tesoriero says that while there have been changes to the Education (Update) Amendment Act 2017 to prohibit the use of seclusion, the report is an important reminder of the importance of regular monitoring of schools. More>>

ALSO:

United Future History: "All Good Things Must End"

'We’re extremely proud of what we’ve achieved over the past 15 years, working alongside the government of the day, both National and Labour.' Mr Light told members on Monday. More>>

Gordon Campbell: On The TPP Outcome, And The Hobbit Law

Somehow the Trans Pacific Partnership trade deal has come lurching back from the dead – and as predicted in this column last week, the member countries gathered in Vietnam have announced a deal in broad principle, shunted aside until a later date the stuff on which they don’t agree, and declared victory. More>>

Agreeing To Differ: Greens Maintain Opposition To TPPA
“The Green Party has long opposed the TPPA. The new proposed deal, which came out of the weekend’s talks, still contains key ISDS concessions to corporations that put our democracy at risk, so our position remains the same,” said Green Party trade spokesperson Golriz Ghahraman. More>>

ALSO:

Monitoring Report: A New Chapter For Children’s Rights In New Zealand?

The Children’s Commissioner is calling on the country to embrace children’s rights to ensure their overall well-being. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election