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ACC: Mirrors smashed and smoke dispersed

December 4, 2009 NZ Green Party 6

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.

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Can you trust Nick Smith?

November 26, 2009 NZ Green Party 19

In February this year the Green Party heard a rumour that the review of ACC was being conducted solely by Treasury and Business New Zealand, so on 5 March we decided to put this to Nick Smith in the House.

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