The National Govt has introduced risk ratings for Motor vehicles in what they say is an attempt to make insurance rates cheaper. ACC had an operating surplus last year of $2.1 billion. An analysis of the accounts showed the motor vehicle levy account posted a surplus of $945.5 million for the year Minister Nikki Kaye…
From 1 April, the NZ ACC Work Account levy will drop from 95 cents per $100 of earnings to 90 cents – a 5 percent drop. However, ACC itself had recommended a 21 percent drop. Labour’s Sue Moroney said it was not the first time the Government had rejected ACC’s recommended levies, including the 2013-2014…
Everything’s on-track for a significant reduction in ACC motor vehicle levies from 1 July, says ACC Minister Nikki Kaye, who has decided how levies for new cars will be calculated. “ACC will also introduce risk rating in July, which means annual licence levies for cars will reflect how well each car protects its occupants and…
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