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ACC needs to "lift its game" after reporting $7.2b deficit, Minister says

Author
Newstalk ZB,
Publish Date
Thu, 17 Oct 2024, 7:38am
Photo / RNZ
Photo / RNZ

ACC needs to "lift its game" after reporting $7.2b deficit, Minister says

Author
Newstalk ZB,
Publish Date
Thu, 17 Oct 2024, 7:38am

The Minister in charge says ACC needs to lift its game.  

The government agency has reported a $7.2 billion deficit, just a year after posting an almost $1 billion surplus.  

It says the cost of services and compensation rose 16% over the year.  

It's proposing to hike levies for vehicle owners, workers, and business owners.  

Minister Matt Doocey told Ryan Bridge he doesn't expect levies to be used as default.   

He says they have to focus on their rehabilitation rates, which have been lower than expected. 

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