Mike Yardley: The next raid on your wallet will be no accident

If you’ve been reeling in horror at the size of your latest council rates bill, or gasping at the ongoing hikes to your home insurance premiums, there’s another agency lining up a deeper dive into your finances.

Accident Compensation Corporation (ACC) has grand designs on lifting its levies by double or triple the rate of inflation. Why? Supposedly it’s costing more and taking longer for injured Kiwis to recover, so ACC is consulting on fattening up its coffers.