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


ACC monopoly model causes levy increases

Paul Hutchison MP National Party ACC Spokesman

14 December 2005

ACC monopoly model causes levy increases

The Government's increase in ACC levies for the self employed is yet another nail in the coffin of many New Zealand businesses, says National's ACC spokesman, Paul Hutchison.

Dr Hutchison says Labour's monopoly ACC model demonstrates a lack of choice and does not include individual risk rating. Consequently, the model suffers in failing to send direct messages to those who perform either well or poorly.

"ACC has presided over unnecessarily large reserves in the Employers Account and there is no justification for this.

"ACC should also take into account that interest rates have firmed and this places downward pressure on prospective levies.

"The Labour Government is fixated by the ideology of the state insurance entity remaining as a monopoly.

"This has resulted in the self-employed and non-earner levies being raised.

"ACC has failed to respond to charges that their operational costs are predicted to increase by 35% overall in the next year compared with the current year. This must have a negative effect on levies," says Dr Hutchison.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On National’s Weekend Of Doing Wheelies, Going Nowhere

Evidently, a year is not a long time in politics. The National Party for example, has just chosen to end this year much as it began it: riven by factions, leaking like a sieve, saddled with a party leader unlikely to lead them into election 2023, and having just chosen to re-install Peter Goodfellow as party president, despite his reluctance to take any responsibility for the party’s dismal election performance.
In other words, National appears determined not to learn from his past mistakes... More>>


National: Leader’s Speech At Annual General Meeting

Good morning delegates. It’s an absolute privilege to be speaking as your leader. I’d like to acknowledge the party president, regional chairs, board members, National Party staff, our MPs, our candidates, and most importantly, you – the delegates, ... More>>


RNZ: NZ May Become 'Florida Of South Pacific' Without Young Tourists - YHA

The country may attract only the 'old rich set' and risks becoming known as 'boring and staid' if it targets wealthy visitors, the Youth Hostels Association says. More>>


Government: Agreement Advanced To Purchase Up To 5 Million COVID-19 Vaccines

Hon Megan Woods Minister of Research, Science and Innovation The Government has confirmed an in-principle agreement to purchase up to 5 million COVID-19 vaccines – enough for 5 million people – from Janssen Pharmaceutica, ... More>>


Green Party: Announce Portfolio Reshuffle With Talented And Energised Caucus Team

“The Green Party caucus offers a breadth of talent and energy to the Parliament this term. In ten MPs you have a small business owner, a human rights lawyer, an academic, a climate negotiator, a transport planner, and so much more”, Green Party ... More>>


APEC: New Zealand Ready To Host Virtually

Prime Minister Jacinda Ardern took over the leadership of APEC earlier today, when she joined leaders from the 21 APEC economies virtually for the forum’s final 2020 meeting. “We look forward to hosting a fully virtual APEC 2021 next year. While ... More>>


Oranga Tamariki Report: Government Must Transfer Power To Māori - Children's Commissioner

The Children's Commissioner is calling for an urgent and significant transformation of Oranga Tamariki - and is telling the government to commit to a transfer of power to Māori. More>>




InfoPages News Channels