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ACC proposes levy rate hike

ACC will still face a funding shortfall even with the proposed increases; public consultation on levy rates before Government decision.

The ACC is consulting on proposed levy rates for the next three years.

Brent Edwards Wed, 11 Sep 2024

ACC is proposing substantial increases in levy rates over the next three years to help bridge the funding gap it faces to pay out on claims.

Under its proposal the motor vehicle levy would rise by 7.8% next year, 7.4% in 2026 and another 7.4% in 2027. Those increases, if accepted, would come into

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Brent Edwards Wed, 11 Sep 2024
Contact the Writer: brent@nbr.co.nz
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ACC proposes levy rate hike
Politics,
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