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


Farmers’ levies reflect high cost of injuries

Farmers’ levies reflect high cost of injuries

The high cost of injuries to self-employed farmers, a decline in the pool of liable earnings for livestock farming, and falling long-term interest rates are behind the increase in ACC levies for this group for 2005/2006, ACC Minister Ruth Dyson said today.

“ACC levies are calculated on an industry basis, based on the cost of injuries and total pool of earnings for that industry. Although farmers have been working with ACC to improve farm safety, their injury rate is nearly double the average for all industries combined.

“At the same time, the pool of liable earnings for livestock farming has decreased since 2002 from $2 billion to $1.5 billion, reflecting a fall in farmers’ incomes and a declining number of farmers in the self-employed category.”

Ruth Dyson said the new levies had also been influenced by less favourable long-term interest rates, on which ACC's long-term liability and expectations of future investment earnings were based.

“Long–term interest rates declined from 6.5 per cent to 6.2 per cent between March and September 2004, leading to a difference between the self-employed levy rates on which ACC consulted, and the final rates.”

Ruth Dyson said the levy for farmers who came under ACC’s employers’ (rather than self-employed) account would remain stable next year.

“National separated employers and self-employed into separate accounts for the purpose of calculating ACC levies, with the intention of privatising the scheme. However, the significant gap in levies between people who are doing the same job but who have a different business structure is not sustainable. I have initiated policy work in this area and welcome the views of the farming community.”

Ruth Dyson said ACC’s farmer levies compared favourably with those overseas.

“In Australia, where a private market has operated, levy rates for farmers - as for most occupations - are around twice that of New Zealand’s, according to the Australian government’s annual report comparing the two markets.”

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On What Lessons The Greens Should Take From The Demise Of Winston Peters

Wondering about “if only" is one of those political games we all indulge in from time to time. For example: episode one of the latest season of The Good Fight TV series dropped us into a world where Hillary Clinton is the US President and Elizabeth Warren and Merrick Garland are Supreme Court justices, where rain forests are being saved and polar bears are coming back from extinction. Yet alarmingly, people keep on having these bad dreams about Donald Trump being the President... More>>


Referendum Preliminary Results: 'Yes' On End-Of-Life, 'No' On Recreational Cannabis

End of Life Choice Referendum The referendum asked the question: 'Do you support the End of Life Choice Act 2019 coming into force?' 65.2% Yes 33.8% No 1.0% Informal VOTES NUMBER OF VOTES RECEIVED PERCENTAGE OF TOTAL VOTES Yes 1,574,645 65.2% ... More>>


Gordon Campbell: On National Being Shafted By Its Own Creation

As it licks its wounds, let’s hope the National Party can still find time to look back with some pride at what it has achieved in Epsom. The Act Party’s nationwide success on Saturday night has been a tribute to National’s foresight, and to its ... More>>


Green Party: 'Fruitful Discussions ... Further Discussions To Have'

The Green Party says there is a negotiation going on with the Labour Party, but there are more discussions to be had. More>>


Border: No Changes To Border Exemptions After Fishing Crew Test Covid-19 Positive

The cases were detected after routine day three testing but the immigration minister and air commodore agree there's no need to change border exemptions. More>>

Election: ParityBOT_NZ Processed Nearly 200,000 Tweets To Find And Fight Online Abuse Over The NZ Election

Auckland, New Zealand: Of the almost 200,000 tweets directed at women candidates that Areto Labs’ proprietary election Twitter bot, ParityBOT_NZ, processed over the New Zealand election period, nearly 4,000 were classified as toxic and triggered ... More>>

Stats NZ: New Report Shows Significant Changes To New Zealand’s Climate

Climate change is already happening in New Zealand and could have a profound impact on future generations of New Zealanders, a new report from the Ministry for the Environment and Stats NZ says. Our atmosphere and climate 2020 , released today, includes analysis ... More>>


Judith Collins: Obese People Must Take Responsibility For 'personal Choices'

National Party leader Judith Collins has described obesity as a weakness and says people should not 'blame systems for personal choices'. More>>

Māori Party: Poll Reveals Tamihere On Cusp Of Historic Māori Movement Election Victory

John Tamihere’s election campaign is on the rise and on track to return the Māori Party to parliament, a new Māori TV poll has revealed. The poll released on 11 October during the seventh and final Māori TV Maori Electoral campaign coverage has Tamihere ... More>>




InfoPages News Channels