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View Full Version : Goodbye any decrease on ACC premiums. Nail on the head type stuff


cheshirecat
20th February 2012, 14:53
This re current account deficit Stuff (http://www.stuff.co.nz/national/politics/6448409/Crown-account-deficit-soars)

With two credit downgrades last year. (same rating now as er Bermuda) commodities being the only significant exporter and even then only dairy and one company, they've got real problems. They need cash, about 7 billion min over the next 8 months.

Silly buggers should have reduced red tape (big time), cheap fast internet, cheap power, food, and veg and Very small businesses going - Quite a big list possible here, please add.
avgas
20th February 2012, 15:46
I wonder if that has anything to do with NZ Super Fund (worth atleast 5 x the loss fyi) doing some crazy investments over the years:
- Overseas argi
- Australian steel
- SCF
- Pike-River
SPman
20th February 2012, 16:53
Treasury wouldn't know how many marbles make 5.
Anyway, ACC premiums are going up, to enable the private insurance companies to come in and make some money......
mashman
21st February 2012, 19:21
going up ya say? (http://nz.news.yahoo.com/a/-/top-stories/12965654/acc-reductions-now-law/)

"ACC Minister Judith Collins has admitted that hard-working Kiwis have been overcharged for the past three years by reducing levies today, says Labour's ACC spokesperson Andrew Little.

"Judith Collins says that ACC's surplus last year of $3.5 billion justifies the decrease," Andrew Little said. "It certainly does, but why hasn't the Government ended this rip-off of Kiwis long before now." (http://nz.news.yahoo.com/a/-/top-stories/12970007/acc-kiwis-ripped-off-for-past-3-years-little/)
SPman
27th February 2012, 14:12
Going up ya say?

http://www.stuff.co.nz/national/politics/6482759/Fears-on-ACC-work-injury-cover
mashman
27th February 2012, 19:22
Going up ya say?

http://www.stuff.co.nz/national/politics/6482759/Fears-on-ACC-work-injury-cover

heh... best just bin it eh, it causes too many arguments. Can't wait for them to do it. Although this time I'm gonna sit on my ass and eat fatty foods, chocolate and drink coke like it's going out of fashion so that I get my money's worth before they start with the pre-existing condition and legal shit. I guess it's everyone's own CHOICE how they look after themselves... fuck those who can't afford it.
Winston001
27th February 2012, 20:10
heh... best just bin it eh, it causes too many arguments. Can't wait for them to do it. Although this time I'm gonna sit on my ass and eat fatty foods, chocolate and drink coke like it's going out of fashion so that I get my money's worth before they start with the pre-existing condition and legal shit. I guess it's everyone's own CHOICE how they look after themselves... fuck those who can't afford it.

Lost me there Mash? Unhealthy lifestyle is a medical insurance problem. Nothing to do with accident cover. ACC couldn't care less how many pies you eat so long as you don't climb a ladder to open the fridge. ;)
SPman
27th February 2012, 20:33
What - you DRINK your coke.
mashman
27th February 2012, 20:39
Lost me there Mash? Unhealthy lifestyle is a medical insurance problem. Nothing to do with accident cover. ACC couldn't care less how many pies you eat so long as you don't climb a ladder to open the fridge. ;)

heh... I ain't gonna be able to be a drag on the health system if I can't afford the unhealthy foods :)... may as well get in there quickly, clog up a few arteries, get them stinted and not have to fight "them" at a later date... possibly coz I'll be dead. I thought they would have to pay my employer etc... if I had no medical insurance? meh. I'll buy a ladder just in case.