Article on NZHerald about ACC funding by chairman of the Accident Compensation Corpor

[Jantar]

Technically speaking they are not allowed to redit letters to the editor, they can fix spelling and grammer, but not change the what you said in the letter.

Actually, they can. The are not supposed to change the intent of the letter, but can shorten it.

[NighthawkNZ:Me]

Actually, they can. The are not supposed to change the intent of the letter, but can shorten it.

When I was working for the newspaper Inside Otago, letters to the editor were not allowed to be altered or shortened, nor could the context or intent of the letter be changed. We were only allowed to fix gramemr and spelling only. If it was to long then it would wait till the next issue. It becomes false reporting other wise...

If you shorten a letter then you can easily change the intent of the letter with out realising it and if it is from the public it shouldn't be altered to suit the paper.

[MattRSK]

'Right now the difference between how much we have and what we need is about $12.8 billion and it's growing, up around $9 billion in the past five years alone."

Sounds expensive. Who will pay for that?

[Dave Lobster]

Technically speaking they are not allowed to redit letters to the editor, they can fix spelling and grammer, but not change the what you said in the letter.

And what income does policing this bring in?

And.. what level of effort will go to it?

Little on both, I reckon.

[NighthawkNZ:Me]

'Right now the difference between how much we have and what we need is about $12.8 billion and it's growing, up around $9 billion in the past five years alone."

Sounds expensive. Who will pay for that?

only because the want it to fully funded by 2014...

The first thing the seperated accounts work, traffic and recreational etc should not have ever happened, ACC

The 12.8 billion is only an estimate, which based on 3 other estimates, the cost of accidents, many many accidents, and inflation. The short fall is because they say to be fully funded they need 23billion dollars, at preset they have 11b

As we know MC accidents are on a down tread since 1987 and cost lest than cars per claim

The traffic account needs at present 650million to be fully funded
There have been many ideas floating around to help with the short fall... from levy on traffic infringements which could easily raise over 300 million or if it is a 100% levy the would be over $600million dolars. $5 levy on a 6 month Wof or $10 for a year is $50 million. $50 levy on on all petrol powered vehicles sold which is done when you change ownership. Plus fuel. plus and equal levy on all vehicles is more than enough to cover the traffic account.