Budget 2015 to include $500M of ACC levy cuts by 2018, Kaye says

Mon, 11 May 2015

May 11 (BusinessDesk) - The government's 2015 budget will outline $500 million of cuts to Accident Compensation Corp levies to be made by 2018, ACC Minister Nikki Kaye says. The cuts will include $375 million in 2016-17 and $120 million in 2017-18 and will be spread across motor vehicle, work and earners accounts, Kaye said in a statement. The final details of the cuts won't be known until ACC completes a public consultation round but in a question and answer attached to the media release, it says current projections are that over a two-y...

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