ACC levies Archive

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  ACC: Mirrors smashed and smoke dispersed - by frog

  
  
  
  Crisis! What crisis? ACC’s reserves are now above forecast by $739 million (5.4 percent), a further improvement over last month, said CTU Economist and Policy Director Bill Rosenberg. The main problem is the full funding of future claim payments which means ACC accounts will always be susceptible to large apparent variations which in reality may have little practical consequences for the ACC scheme. read more
  December 4, 2009 6:43 pm - 6 Comments
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  Gutting ACC: Only three days to go for submissions - by frog

  
  
  
  The deadline for submissions on the Government’s Bill to gut ACC is only three days away. This Bill is designed to prepare ACC for National’s and Act’s ultimate objective – the privatisation of accident compensation to foreign-owned insurance companies that have to make a profit for their foreign shareholders on the backs of New Zealanders’ [...] read more
  November 23, 2009 6:53 pm - 21 Comments
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  Spinning it on ACC levies - by frog

  
  
  
  ACC’s advertising last week promoting the Government’s proposed increase in motorcycle levies countinues a disturbing trend under the National-led Government of using public service funding – in this case your and my ACC levies – to promote Government political spin. read more
  November 9, 2009 2:06 pm - 17 Comments