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


National continues to duck for cover on ACC

16 July 2008 Media Statement

National continues to duck for cover on ACC

National still clearly wants to privatise ACC but is too afraid of a backlash from New Zealand workers to say it, ACC Minister Maryan Street said today.

“National would privatise ACC if it ever gets the chance but John Key knows that this was unpopular with workers last time they tried and nothing has changed since then.

“Why else would he try to slip this announcement out late in the day and dress up his statement with weasel words to try hide their true intentions.

“Make no mistake, National under John Key has privatisation in its DNA and is eyeing up ACC for the chop. They just don't want to talk openly about their plans - probably under strict orders from Crosby Textor, Maryan Street said.

“National has only released this “policy” after a confidential Merrill Lynch briefing to Australian insurance company investors was leaked earlier this month, highlighting National’s plans and how much those investors stood to gain from them.

“The Aussie insurers will be the only ones smiling after today’s announcement, because they will read it for what it is – code for big bucks for them at the expense of the ordinary New Zealand worker and business, “Maryan Street said.

“Privatising the work account will result in lower quality care for injured workers, less vocational rehabilitation and lower levels of compensation for people with serious injuries in particular. Workers are also likely to become embroiled in disputes over whether they should get compensation for work injuries, as private insurers seek to avoid paying out on claims.

“These experiences are common for workers in privatised schemes, including those covered by the Australian insurers poised to swoop in on ACC.

“Research shows that the prospects for employers under privatisation are poor. Australian employer levies are 250 per cent higher than those here. Why? Because as Murray McCully, the National Minister then in charge of ACC, said in 1998 “Insurers, like everyone else, are in business to make a buck.”

“Several recent reports suggest that despite National claims, many employers aren’t even interested in privatisation. In a briefing to investors on National’s potential privatisation plans this month, Tower Ltd said “There is also the risk that employer groups may oppose the change, a reason which stopped similar attempts to privatise workers compensation is NSW in 2003.”


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On DHB Deficits And Free Trade

Currently the world is looking on aghast at the Trump administration’s plans to slash Obamacare, mainly in order to finance massive tax changes that will deliver most of their gains to the wealthy. Lives will be lost in the trade-off. Millions of Americans stand to lose access to the healthcare they need.

Spot the difference with New Zealand, where DHBs are under intense pressure to reduce deficits within a climate of chronic underfunding. More>>


Greens' Response: Slum-Like Rentals Exposed In Renting Review

“...The grim findings of the review are a wakeup call about the true state of rentals in this country. Too many renters are festering in slum-like conditions under the thumb of landlords who have largely unchecked powers and ignore tenants’ complaints when it suits them.” More>>


Gordon Campbell: On The Life And Times Of Peter Dunne

The unkind might talk of sinking ships, others could be more reminded of a loaded revolver left on the desk by his Cabinet colleagues as they closed the door behind them, now that the polls in Ohariu had confirmed he was no longer of much use to National. More>>


Gordon Campbell: On Labour’s Campaign Launch

One of the key motifs of Ardern’s speech was her repeated use of the phrase – “Now, what?” Cleverly, that looks like being Labour’s response to National’s ‘steady as it goes’ warning against not putting the economic ‘gains’ at risk. More>>


Lyndon Hood: Social Welfare, Explained

Speaking as someone who has seen better times and nowadays mostly operates by being really annoying and humiliating to deal with, I have some fellow feeling with the current system, so I’ll take this chance to set a few things straight.. More>>


Deregistered: Independent Board Decision On Family First

The Board considers that Family First has a purpose to promote its own particular views about marriage and the traditional family that cannot be determined to be for the public benefit in a way previously accepted as charitable... More>>


Transport Policies: Nats' New $10.5bn Roads Of National Significance

National is committing to the next generation of Roads of National Significance, National Party Transport Spokesperson Simon Bridges says. More>>





Featured InfoPages

Opening the Election