Can this government bring itself to raise ACC levies?

Can this government bring itself to raise ACC levies?
Jenny Ruth
Has the government been underfunding ACC and refusing to raise levies while praying financial markets will save their bacon?It certainly looks that way from a report by ACC's actuaries that comes out at the same time as the annual report and of whose existence I had previously been ignorant.When ACC released its annual report in December, it blamed its $5.95 billion net deficit for the year ended June on the impact of falling interest rates on its future liabilities and it's certainly true that was the biggest reason.But the Financial C...

More Finance

Inflation outcome shores up the view RBNZ will cut by November
Finance

Inflation outcome shores up the view RBNZ will cut by November

Economists say even earlier rate cuts are possible. 

Scaling BlackRock mountain
Finance

David Chaplin: Scaling BlackRock mountain

Fund manager brought in US$140b in the first half of the year alone.

Industry challenger Dosh applies to become a bank
Finance

Industry challenger Dosh applies to become a bank

If approved, Dosh would be the first fully-digital, NZ-owned bank.

Ben Moore 10 Jul 2024
Aussie businesses dip into savings
Finance

Aussie businesses dip into savings

Arrears remain low but buffers are reducing.