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

 


Reduced ACC levies recommended, ignored

Andrew
LITTLE
ACC Spokesperson

17 December 2013 MEDIA STATEMENT
Reduced ACC levies recommended, ignored
The Government had a chance to give businesses and workers a break by reducing ACC levies this year, but chose not to as part of its desperate bid to achieve its much-hyped 2015 budget surplus, Labour’s ACC spokesperson Andrew Little says

“The Government has set levies higher than both ACC and the Ministry of Business, Innovation and Employment recommended, saying any reductions would have a direct impact on the Crown’s operating balance.

“ACC and MoBIE advised that even with a reduction in ACC levies of up to 17 per cent the corporation would still be squirrelling money away for future liabilities.

“A reduction along these lines would mean an extra $125 in the hands of someone on the average wage and goodness knows how much for businesses.

“Yet despite the fact that the costs of accidents are falling, ACC already produces surpluses in the billions and the corporation has over $25 billion in assets, levies for businesses, workers and motor vehicle owners will remain unchanged from last year

“That will see the corporation net a nice little nest egg - $5.5 billion more than it needs to fund long term liabilities – courtesy of Kiwi taxpayers.

“The Government has been telling New Zealanders that it has to be financially sensible in tight economic times. Imposing a bigger than necessary ACC cost on homes and businesses is hardly allowing them to be similarly prudent.

“The whole exercise is classic smoke and mirrors. It’s about the Government giving the appearance that it can achieve a surplus by hiking petrol levies and, now, ACC levies.

“Higher than necessary ACC levies will have little effect on a real Government surplus, however, because they can only be spent on accidents and injury prevention.”


ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Patience: Drive Safe

Be patient before passing is the AA's message for drivers this Labour weekend.

"People taking crazy risks to get past other vehicles is one of the most dangerous things on the road,” says AA spokesperson Dylan Thomsen.

“The weather is looking good for the long weekend so the roads will be busy. Unfortunately, that also increases the chances of people getting frustrated and trying a risky passing manoeuvre. When they get past, there will probably be more traffic up ahead anyway so it won’t get people there faster.” More>>

 
 

Parliament Today:

Employment Relations Bill: Govt Strains To Get Tea Break Law Through

The Government has been left with egg on its face - failing to get its much-vaunted, but hugely unpopular, meal break law passed in the first week of its new term, Labour spokesperson on Labour Issues Andrew Little says. More>>

ALSO:

Guns: Police Association Call To Arm Police Full Time

"The new minister gave his view, that Police do not need to be armed, while standing on the forecourt of parliament. The dark irony was that the interview followed immediately after breaking news of a gunman running amok in the Canadian parliament in Ottawa..." More>>

ALSO:

Gordon Campbell: On The Tokenism Of New Zealand's Role Against Islamic State

Our contribution against IS will be to send SAS forces to train the Iraqis? That’s like offering trainers to General Custer just as the 7th cavalry reached the Little Big Horn. More>>

ALSO:

Scoop Business: Shell And Todd Caught Drilling Without Approval

Multi-national oil company Shell’s New Zealand arm and local energy giant Todd Energy have breached the new law governing New Zealand’s Exclusive Economic Zone, the Environmental Protection Authority says in an Oct. 10 document released by the Green Party. More>>

ALSO:

Gordon Campbell: On Pharmac, Gough Whitlam And Sleater-Kinney

We’re not at the outset of these negotiations. The outset was six years ago, and negotiators were hoping to have some sort of ‘framework’ deal finished in time for the APEC meeting in a few weeks’ time. These ‘extreme’ positions are what we’ve reached near the intended end of the negotiations… More>>

ALSO:

PM Of Many Hats: Questions, No Answers On Whale Oil

Dr RUSSEL NORMAN (Co-Leader – Green) to the Prime Minister: How many times since November 2008 has he spoken with blogger Cameron Slater on the phone and how many times, if any, has he texted him?
Rt Hon JOHN KEY (Prime Minister): None in my capacity as Prime Minister. More>>

ALSO:

Aussie Investigation Dropped: Call On Minister McCully To Pursue The Case Of Balibo Five

West Papua Action is deeply concerned at the lack of any clear outcome from the Australian Federal Police inquiry into the 1975 deaths of the ‘Balibo Five’ including NZ journalist Gary Cunningham. More>>

ALSO:

'Feed The Kids' Bill: Metiria Turei To Lead Fight On Feeding Hungry Children

Green Party Co-leader Metiria Turei is urging all political parties to support the Feed the Kids Bill which she inherited today from Mana leader Hone Harawira. More>>

ALSO:

Parliament Today: State Opening Of Parliament

The House sat at 10.30am on Tuesday before MPs were summoned to hear the Speech from the Throne in the Legislative Council Chamber. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news