Oct 1

ACC makes massive $4.9 billion surplus

Posted by Dave Griffith

The Accident Compensation Corporation has reported a huge surplus of $4.9 billion, which is set to boost the Government’s books an extra $324 million boost. Speaking at release of its annual report, Chairwoman Paula Rebstock said the net surplus was $3.6 billion ahead of budget and would allow the corporation to reduce the…

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Jul 13

ACC signals reduced levy rates

Posted by admin

ACC is proposing reduced levy rates for the 2012/13 financial year thanks to ACC’s improved performance. In 2008/09 ACC disclosed a $4.8 billion deficit for the year and that came on top of a $2.4 billion deficit the year before. This was a trend that couldn’t be allowed to continue. The Board therefore…

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