ACC earnings just under $2 billion more than forecast

[riffer]

The Government's Budget deficit has shown a small improvement on forecast in the six months to the end of December. At $5.97 billion it was 2.8 per cent lower than forecast thanks largely to higher than expected PAYE tax payments, which were up $271m or 2.6 per cent, on forecast..


The balance was also helped by ACC, which recorded a gain of $911m, $1.8 billion ahead of forecast.



Thanks fuckers. I wish my broke was as bad as your broke.

[ukusa]

shows how good their accountants are.....NOT! Wankers

[willytheekid]

Grrrrrrrr :angry:

bastards!...nuff said :shutup:

[steve_t]

Sheeeit! So they expected a $900m deficit and came out with a $900m surplus?! Levies are up and I think claims declined has skyrocketed. I think basically anyone over 40 gets declined on back injury these days cos they call it 'degenerative'. It'd be interesting to look at the non-earner figures again

[Bald Eagle]

And check out whats on the agenda for next week (http://www.kiwibiker.co.nz/forums/showthread.php/134794-23-February-critical-day-for-future-of-ACC)

[admenk]

And check out whats on the agenda for next week (http://www.kiwibiker.co.nz/forums/showthread.php/134794-23-February-critical-day-for-future-of-ACC)

And we'll still vote them back into office...:facepalm:

[mashman]

And we'll still vote them back into office...:facepalm:

I won't, so it'll be all your faults :shifty:

[yungatart]

Can't say i'm surprised.
Shonky accounting, blatant lies and bs....upping levies left right and centre and declining claims by the truckload...their profit margins would have to increase!

[superman]

Profit rolls over though doesn't it? As a buffer for if claims go back up again. And if claims are kept down then it gets given back through lower levies yes? If the world was perfect :innocent:

[Bald Eagle]

Well Christchurch is going to seriously dent their budget.
http://www.stuff.co.nz/national/christchurch-earthquake/4721084/Christchurch-earthquake-injuries-death-370m