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Showing posts with label ACC reform. Show all posts
Showing posts with label ACC reform. Show all posts

Saturday, October 12, 2024

Nick Clark: Time for ACC Reform


As New Zealanders face rising costs of living, ACC's proposed levy hikes threaten to add another financial burden. It is time for a critical look at our accident compensation system.

ACC proposes cumulative levy increases of 14% for work and earners' levies and 24% for motor vehicle levies from 2025 to 2028. These increases will further strain businesses, workers, and vehicle owners during challenging economic times.