ACC makes massive $4.9 billion surplus

We are just like a real insurance company now. We make huge profits by not paying out claims.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 deficit between its assets and the lifetime cost of every [...]

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