Wednesday, 22 February 2012 12:40
Delays in privatising ACC work account
Accident Compensation Corporation Minister Judith Collins is delaying moves to open the ACC work account to competition, amid suggestions the Government is struggling to make the proposal attractive to private insurers.A paper outlining options for privatising the work account and expanding the accredited employer scheme was due to go to Cabinet for approval on February 29.Written by a Cabinet committee for former ACC minister Nick Smith, it suggests pushing the date for opening up the…
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Politics
Tuesday, 21 February 2012 17:18
ACC: Kiwis ripped off for past 3 years
ACC Minister Judith Collins has admitted that hard-working Kiwis have been overcharged for the past three years by reducing levies today, says Labour's ACC spokesperson Andrew Little."Judith Collins says that ACC's surplus last year of $3.5 billion justifies the decrease," Andrew Little said. "It certainly does, but why hasn't the Government ended this rip-off of Kiwis long before now."ACC has never made a surplus of anything like $3.5 billion before. It has routinely made surpluses…
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Politics
Tuesday, 21 February 2012 11:24
ACC levy reductions become law
ACC levy reductions worth more than half a billion dollars a year to workers and businesses have been signed into law by Governor-General Sir Jerry Mateparae.As announced last year, ACC's $3.5 billion surplus in 2010/11 and continuing improvements in rehabilitation rates have enabled the reduction in levies that will save households $340 million a year and businesses $247 million a year."These significant levy reductions are great news for New Zealand workers - keeping money in…
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Politics
Sunday, 19 February 2012 12:11
Yoga related ACC payouts rising
ACC payouts for yoga related injuries are on the rise.New figures show more than $2 million has been paid out in the past two and a half years, mostly on back and neck complaints.More than 3,400 claims have been recorded since 2009.
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National
