Thread: privatising ACC
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Old 3rd July 2008, 14:00     #7
blynk
 
Quote:
Originally Posted by Fitz
ACC is a monopoly, they earn far greater than they pay out, hence why competition should reduce the levies paid by businesses or at the least provide lower levies to those companies with lower rates of workplace injury.
As it stands business A and B are in the same industry, business A has had no workplace injuries, business B has many, they both pay equal levies per employee performing the same function.

The benefit I can see is lower levies for those companies who maintain safe work environments, whether that is via training or other means. The less people injured the better imo, injuries cost the tax payer.
Quote:
Originally Posted by Herald
The report also noted that average premiums in New Zealand were lower than Australia, despite New Zealand offering more extensive cover.
....
said the report mirrored independent research by PricewaterhouseCoopers that found Australian employers were charged 250 per cent more in levies as a proportion of wages.
We need more neutral sources of information to get the true stories.
You can't really believe exactly what Labour says or National says.
Sometimes listening to some of the minor parties are better.
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