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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.
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i thought acc did yearly reviews of a company's safety practices etc (going through injury reports, staff safety training, employee interviews ...) and offered lower rates accordingly.