Bill Rosenberg Archive

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  Levy hikes prelude to privatisation - by frog

  
  
  
  If ACC is made to work like an insurance company, then it’s a lot easier to flog bits of it off to insurance companies some time in the future. Levy hikes and entitlement cuts will undermine public confidence in ACC and soften up public opinion for the privatisation agenda. read more
  December 11, 2009 10:35 am - 2 Comments
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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