Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

McCully insults industry and the truth


Labour 2000 web site
ACC Minister Murray McCully insulted the convenors and participants at the International Forest Industry Safety Conference today by lying about Labour's ACC policy and the National Government's ACC "reforms", Labour ACC spokesperson Ruth Dyson said.

"Mr McCully is showing the desperation of a desperate government.

"His comments display his lack of understanding of issues like industry classification and experience rating. He has chosen to ignore the overwhelming international and his own government-commissioned evidence that any initial savings from privatisation will soon disappear when insurance companies try to recoup their losses.

"He exposes his complete ignorance when he quotes a media statement from the Timber Industry Federation about their cost saving.

"Mr McCully should have examined the statement more closely. The Timber Industry Federation did not compare apples with apples when looking at premium levels. The TIF did not include the ACC residual claim levy or experience rate rebate in their calculations.

"The TIF have confirmed to me that their statement was wrong - they have saved very little, if any money in the move to private insurers.

"The Minister also completely misrepresents Labour's ACC and Industrial Relations policies. He makes a bizarre personal attack on me for being a 'former unionist'. He's even got that wrong.

"This speech from National's campaign strategist confirms that a party desperate to hang on to power is going to play dirty. The public has had enough of lying politicians. Mr McCully should stick to the facts," Ruth Dyson said.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Stats: Auckland’s Population Falls For The First Time
In the wake of the COVID-19 pandemic, New Zealand’s population growth slowed down with Auckland recording a population decline for the first time ever, Stats NZ said today. “New Zealand saw slowing population growth in all regions... More>>



BusinessNZ: Third Snapshot Report Reveals $9.5 Billion Business Investment In Climate Action

Signatories to the Climate Leaders Coalition have committed to invest $9.5 billion over the next five years to reduce emissions from their businesses, as revealed in their third anniversary snapshot report released today... More>>

Digitl: The home printer market is broken
Printers are more of a security blanket that a serious aid to productivity. Yet for many people they are not optional.
Even if you don’t feel the urge to squirt ink onto dead trees in order to express yourself, others will insist on printed documents... More>>


Retail NZ: Some Good News In COVID Announcements, But Firm Dates Needed

Retail NZ is welcoming news that the Government is increasing financial support for businesses in light of the ongoing COVID-19 lockdown, and that retail will be able to open at all stages of the new “Covid Protection Framework... More>>

ComCom: Companies In Hot Water For Selling Unsafe Hot Water Bottles And Toys

A wholesaler and a retailer have been fined a total of $140,000 under the Fair Trading Act for selling hot water bottles and toys that did not comply with mandatory safety requirements. Paramount Merchandise Company Limited (Paramount) was fined $104,000 after pleading guilty in the Manukau District Court... More>>



Reserve Bank: Robust Balance Sheets Yield Faster Economic Recovery

Stronger balance sheets for households, businesses, financial institutions and the government going into the pandemic contributed towards maintaining a sound financial system and yielding a faster economic recovery than following previous deep recessions... More>>