Government welcomes Whanau Ora report
The Government has welcomed the release today of the Whanau Ora Taskforce Report, which sets out options for improving social, education and other support services for families across New Zealand.
"Whanau Ora is one of a number of Government initiatives to help families become more self-managing and take responsibility for their own development," Acting Prime Minister Bill English and Minister Responsible for Whanau Ora Tariana Turia say.
The Government will formally respond to the Taskforce Report in the next month or so. But Mr English and Mrs Turia made it clear today that while Whanau Ora has the potential to benefit Maori, it will be available to all families in need.
They also confirmed a governance group - including three members of the Whanau Ora Taskforce and three government agency chief executives - has been appointed to manage the programme. It will report to Mrs Turia as Minister Responsible for Whanau Ora. The group is:
- Rob Cooper (chair) is the chief executive of the Ngati Hine Health Trust, a Maori-owned provider of social services in Northland.
- Professor Sir Mason Durie was chair of the Whanau Ora Taskforce, is Deputy Vice-Chancellor at Massey University and Professor of Maori Research and Development.
- Nancy Tuaine of Te Atihaunui a Paparangi (Whanganui) is the manager of the Whanganui River Trust Board and a member of the Whanganui District Health Board.
- Leith Comer, chief executive Te Puni Kokiri
- Peter Hughes, chief executive Ministry of Social development
- Stephen McKernan, director-general, Ministry of Health.
Mr English says it is clear from results in recent years that traditional approaches to helping families in need have not worked that well - and taxpayers are not getting the best value for money.
"We believe there is a better, more effective way of using the many hundreds of millions of taxpayer dollars already spent in this area. Whanau Ora will also deliver better results for the families themselves. It recognises the importance of the family and the things that make families special.
"It's also based on the idea that, with a little help, people are capable of sorting out their own lives - so surely it's within our grasp as a Government to recognise that and to organise our own services around whanau and family."
Ministers have agreed that Whanau Ora will be financially neutral - funded by reprioritising existing funding in votes Health, Social Development and Maori Affairs. Those details will be set out in the Budget.
"Rather than having different agencies working with individual family members, Whanau Ora will work with whanau and families as a whole," Mrs Turia says.
"It will empower them to take control by meeting their obligations and taking responsibility.
"By building on the strengths of the entire whanau, it will require agencies to work together in better and smarter ways to support whanau and families.
"I am confident that Whanau Ora has the potential to help all families, right across New Zealand," Mrs Turia says.
Related document:
Whanau Ora Taskforce Report (pdf, 319 Kb)
Focus on Finance No.9
07 April 2010 0 CommentsASK ME A QUESTION![]()
Watch my latest video on YouTube - click here.
Recently I've been inviting readers of my newsletter and website to ask me a question. Many have done so and in this newsletter I answer a reader's question about the rate of the New Zealand dollar. Last week I answered a question on GST. Please continue to send me your questions and watch the website for my answers.
ECONOMY CONTINUES GRADUAL IMPROVEMENT
Economic growth is continuing to pick up pace, but there is more work to do to ensure we get the kind of sustainable recovery that creates jobs and lifts the incomes of New Zealand families. GDP grew by 0.8 per cent in the final quarter of last year - it's third successive quarter of growth - driven primarily by a strong rebound in manufacturing.
This is good news, but the recovery remains weaker than what you would expect to see following a recession. This underlines the fragile nature of the global recovery and the imbalances that remain in our own economy. That is why the Government is focused on tilting the playing field towards savings and investment and away from borrowing, government spending and investment in housing. You can read my statement on the GDP figures here.
Another sign of improving economic conditions is banks being able to raise funds in the wholesale market without using the Government's wholesale funding guarantee. That is why, after consultation with banks, the Government has decided to end the wholesale funding guarantee on April 30. The retail guarantee will continue until the end of next year.
INCREASING FAIRNESS IN THE TAX SYSTEM
The Government's upcoming Budget tax package continues to be the subject of a lot of speculation. The package is yet to be finalised, but fairness will be a key consideration in those decisions. Under the current system many relatively well-off people can opt for a lower tax rate by restructuring their affairs - through self employment, company ownership or ownership of an investment property. In Parliament I set out an example of how a household earning $100,000 a year could restructure their affairs to reduce their effective tax rate to less than 10 per cent.
To illustrate the point - an IRD survey of New Zealand's rich list found only half were paying the top 38c in the dollar tax rate. This is unfair to wage earners who have no choice but to pay their marginal tax rate. One of our aims with our tax reforms is to lower the top rate so wage earners get to keep more of their pay and to close some of the gaps that currently make this kind of structuring possible.
INCREASING NEW ZEALAND'S PRODUCTIVITY 
Raising productivity is one of the key challenges for our economy. To ensure we are on the right path to achieving this we are setting up a Productivity Commission. We expect to have the Commission, which is part of the National-ACT confidence and supply agreement, up and running by April next year.
Its roles and functions will be modelled closely on the Australian Productivity Commission which has been operating for over a decade. It will conduct inquiries into productivity-related matters, review existing regulations and the effectiveness of regulatory agencies and promote public understanding. Its funding will be drawn from the existing baselines of 29 government departments.
GETTING OUT AND ABOUT
Getting into the regions to talk to people, explain what the Government is doing and hear how policies are affecting people on the ground is vital for any Minister. In the past month I was lucky enough to get out to Hawke's Bay, Palmerston North, New Plymouth, Christchurch, Dunedin as well as my own electorate of Clutha-Southland. It's always encouraging to see the optimism and resilience of people and businesses around the country.
On a more personal note, my own resilience was tested when I competed in the annual Motatapu bike race near Lake Wanaka on March 13. The race is a great event in a spectacular part of New Zealand and once again I was impressed by the spirit and skill of many participants.
THINGS TO LOOK OUT FOR
- On April 13 I will be travelling to Christchurch to speak to Grey Power's AGM and to speak at the launch of Deloitte's second South Island Index.
- April 16 I'll open the World Ploughing Championships in Methven.
- April 20 Statistics New Zealand will release the latest CPI figures.
- April 22 I will speak to the Wellington Chamber of Commerce.
- April 29 the Reserve Bank Governor will announce the latest review of the OCR.
Click here to subscribe to Focus on Finance and get it via email.
Bill Responds - Video 2
Bill English answers a question from website visitor "Julian" on the impact of the dollar on the economy. If you'd like the Minister to answer your question, send it through the "ask me a question" feature at the top of the website. The Minister will review the questions posed and periodically choose one for direct response by video.
NZ emerges from recession in good shape - IMF
New Zealand has emerged from the global financial crisis in better shape than many advanced countries and it is expected to continue on a gradual recovery path, the International Monetary Fund concludes.
It also supports the Government's fiscal stimulus through to June 2010 and welcomes the Government's longer-term net debt target of 20 per cent of GDP, Finance Minister Bill English says.
"In its concluding statement following its visit to New Zealand this month, the IMF notes that accommodating fiscal and monetary policies are supporting domestic demand.
"It forecasts that real GDP will expand by about 3 per cent in 2010 and 2011, although unemployment is expected to lag the recovery and peak at 7-1/2 per cent this year - before falling back over time."
Mr English says the Budget on 20 May will set out the next steps in the Government's programme of reforms to increase New Zealand's economic growth and help get New Zealanders into higher paying jobs.
"I welcome the IMF's comments that shifting the tax burden from income to consumption would raise incentives to work and invest - increasing growth over the medium term and improving New Zealand's competitiveness.
"We are taking a considered and pragmatic approach to addressing New Zealand's long-standing economic challenges.
"At the same time, we're significantly reducing the amount of extra government spending and demanding better public services from government agencies. We believe we have struck the right balance on this score," Mr English says.
IMF statement: http://www.imf.org/external/np/ms/2010/032910.htm
Recovery strengthens but challenges remain
The economy grew solidly in the final quarter of last year, but more work is needed to ensure a sustainable recovery that creates jobs and lifts the incomes of New Zealand families, Finance Minister Bill English says.
GDP data issued today shows the economy grew by 0.8 per cent in the December quarter, broadly in line with expectations. Growth was led by the manufacturing sector, which expanded for the first time in almost two years.
A small revision pushed growth in the September quarter to 0.3 per cent, but the economy contracted by 1.6 per cent in 2009 compared with the year before.
"These figures are another step in the road to recovery, but we are still regaining ground lost during the global crisis and New Zealand's own recession which started in early 2008," Mr English says.
"Our economy faces numerous challenges and that is reflected in consumer confidence figures which have dipped in the first part of this year.
"Those challenges include a still fragile global recovery and serious imbalances in our economy built up from years of rampant government growth under Labour and too much borrowing for housing and consumer spending.
"Those imbalances have held back the export sector for several years and meant real per capita GDP was actually negative in the three years to September, 2008 - at a time when other economies were growing strongly.
"The Government is committed to tackling these challenges. The Budget in May will set out the next steps to lift economic growth by tilting the playing field towards productive investment, exports and new jobs.
"We are also putting the brakes on the rapid increases in Government spending that occurred under the previous Government.
"That is vital if we want to raise the competitiveness of our exporters, lift business confidence, increase incomes and help New Zealand families get ahead."
Video: Bill English Responds
Bill English responds to a question posed through the website from Ian about the impending tax landscape - and what the Government can do to make sure that what he's about to gain from tax cuts will actually stay in his hands. This is the first of a new regular feature in which Bill will choose a reader's question and answer it in a special video.
Current tax system unfair for many NZ families
The current tax system is unfair and inequitable for many hard-working New Zealand families and the Government will address this in the Budget, Finance Minister Bill English said today.
Mr English highlighted in Parliament how the current system can allow a household earning $100,000 a year, with two dependent children, to reduce the tax they pay from $27,500 a year to less than $10,000 a year.
"In reviewing the Tax Working Group's recommendations, the Government acknowledges the system needs to be fair and have integrity," he said. "This is most apparently not the case at present, where highly uneven tax rates apply between taxpayers with similar incomes."
Mr English said a self-employed person earning $100,000 a year would normally pay income tax of more than $27,500 a year on the top marginal tax rate of 38 per cent.
But, in certain situations, the current system allowed them to significantly reduce their tax bill by, for example:
- Forming a company owned by another entity (on the current 30 per cent company tax rate), paying themselves a $48,000 salary and reducing their tax bill by $3000.
- Qualifying for Working for Families on this reduced salary with two dependent children, they would receive an extra entitlement of almost $8500 a year.
- Using an interest in a leveraged property investment producing, say, tax losses of $20,000 a year, their personal taxable income is further reduced to $28,000.
"At this point, the total tax paid, on income of $100,000, has fallen below $10, 000," Mr English said. "In other words, the effective income tax rate is less than 10 per cent - or lower than the lowest personal income tax rate.
"The example is not uncommon. The Tax Working Group found that 10,000 households were reporting investment losses while also claiming Working for Families credits. We are aware of tax advisers actively marketing schemes similar to this.
"The current system lacks fairness and integrity because of the way income is defined and because different tax rates have proliferated.
"In the Budget, the Government will make the tax system fairer by closing this type of loophole. We will make sure that taxable income more accurately reflects true economic income - and that the system is fairer to all taxpayers."
Productivity Commission announcement and press conference
Finance Minister Bill English and Regulatory Reform Minister Rodney Hide today announced the formation of a Productivity Commission at a special press conference. This video contains the announcement statement followed by Q&A with media.
Productivity Commission will focus on higher growth
A new Productivity Commission will be set up early next year to help boost New Zealand’s economic performance across the public and private sectors, Finance Minister Bill English and Regulatory Reform Minister Rodney Hide said today.
The commission, which will have a wide-ranging brief, was part of the National-ACT confidence and supply agreement signed after the 2008 election.
“The Productivity Commission is another step in the Government’s programme to lift New Zealand’s economic performance in both the public and private sectors,” Mr English said.
“It is essential that we increase our economic growth if we are to create the jobs, higher incomes and opportunities New Zealand families deserve. Our main challenge is to ensure this growth is based on private sector investment and exports, rather than the unsustainable increases in government spending and borrowing of the past decade.
“This will require action across the board – and it’s why the Government will give the Commission wide scope in terms of the issues it directs it to consider.”
Mr Hide said productivity is crucial in ensuring New Zealand maintains and increases its standard of living.
“In the long run, productivity is the biggest determinant of wages and living standards. Lifting our output per worker - the amount of goods and services each worker produces and the value they add – is critical to closing the income gap with Australia.
“This income gap is one of the main reasons we lose so many talented, hard-working New Zealanders every year. The Government is committed to taking a number of steps to close the economic gap with Australia. Establishing the Commission is one concrete step towards arresting New Zealand’s productivity slide,” Mr Hide said.
The Commission’s roles and functions are modelled closely on the Australian Productivity Commission, which has been operating for more than 10 years. The Government intends to enact legislation setting up the Commission by the end of this year so it can be up and running by April 2011.
“It makes good sense for the two commissions to cooperate, given the Government’s strong commitment to create a Single Economic Market between New Zealand and Australia”, Mr Hide said.
The independence of the Australian Productivity Commission has ensured that important public policy issues have been tackled in a non-political way. Examples of Australian Productivity Commission inquiries include energy efficiency and the economic impacts of migration and population growth.
The new Productivity Commission will be headed by up to four part-time commissioners and will provide independent advice on ways to improve productivity in areas identified by the Government.
Its main functions will include:
- Inquiries into productivity-related matters and reporting back to Ministers.
- One-off reviews of existing regulations.
- Reviews of the efficiency and effectiveness of regulatory agencies.
- Regulatory impact analysis of a small number of proposed new regulations.
- Research into productivity-related matters, to build up its institutional knowledge.
- Promote public understanding of productivity-related issues.
The commission will be funded through contributions from reprioritising the existing budgets of 29 Government agencies.
“No extra money will be called upon to fund the Commission and its activities,” Mr English and Mr Hide said.
Questions and Answers on the Productivity Commission
Q: Will the New Zealand Productivity Commission be a unit of an existing department or a new entity?
A: It will be a new Independent Crown Entity, like the Commerce Commission or the Law Commission.
Q: Wouldn’t it be cheaper to make it a unit of the Treasury, like the National Infrastructure Unit, the Debt Management Office or the Export Credit Office?
A: It would not necessarily be any cheaper to be run as a unit of an existing department and, more importantly, the Government is very keen to ensure that the public of New Zealand are absolutely clear that this is very much an independent agency.
However, we do want the Commission to operate as efficiently as possible, and it will share back office services with another agency. This will be worked through in the course of setting up the Commission.
Q: How can we afford a new government agency with the Crown forecast to run deficits for years to come and the Crown’s net debt levels forecast to rise dramatically in the years ahead?
A: Funding for the Commission will be sourced from the existing baselines of 29 Government departments, ministries and agencies that currently provide productivity-related policy advice and those agencies with a significant influence on productivity. Not one extra cent of taxpayers’ money will be called upon to fund this significant new agency. Contributing agencies will be required to continue to fund all of their normal outputs out of efficiency gains.
Q: How will the NZPC compare with the set-up in other countries?
A: The New Zealand Productivity Commission is based closely on the Australian Productivity Commission – http://www.pc.gov.au In terms of size it is comparable to the State of Victoria’s Victorian Competition and Efficiency Commission (VCEC), which is judged to have critical mass.
Funding is outlined in the table below, assuming that the required legislation is enacted by the end of December 2010, and the agency commences two inquiries between April and December of 2011, first reporting to Parliament in 2012.
|
|
2010/11 |
2011/12 |
2012/13 |
2013/14 |
2014/15 |
|
Establishment costs and commencement of inquiries/reviews* |
$2.355 m |
|
|
|
|
|
2 inquiries/reviews/yr |
|
$4.691 m |
|
|
|
|
3 inquiries/reviews/yr |
|
|
$5.0344 m |
$5.0344 m |
$5.0344 m |
Q: When will the New Zealand Productivity Commission be up and running?
A: The Government’s intention is to enact legislation by the end of this year so that the Commission can be up and running by the start of April 2011.
Q: How many staff will the NZPC have when it is fully up and running?
A: The agency will be headed by three or four part-time Commissioners, one of whom will be either a part-time or full-time Chair. There will be the option to appoint Assistant Commissioners, as required. The Commission will eventually be supported by up to 21 full-time equivalent staff.
Q: What will be the specific functions and powers of the NZPC?
A: To hold inquiries into, and report to the referring Ministers about, productivity-related matters; Conduct reviews on the effectiveness of New Zealand’s regulatory regimes; Conduct reviews of the efficiency and effectiveness of regulatory agencies; and, to undertake regulatory impact analysis of a small number of specific regulatory proposals.
On its own initiative, the NZPC will also be empowered to undertake and publish its own research into productivity-related matters and to promote public understanding of matters relating to productivity. The scope of the agency will include all matters relating to productivity, including: enterprise (tax, regulation and competition), skills, innovation, infrastructure, natural resources, investment, international connectedness, and public sector productivity.
Q: Why is the scope of the Commission’s work programme set so broadly?
A: The scope is deliberately broad to enable the agency to do a wide range of inquires and reviews, given that the factors that impact on productivity are themselves many and varied. It is expected the agency will do no more than two or three large inquiries or reviews each year, or a number of smaller inquiries, as required.
Q: Does the establishment of the Productivity Commission signal the winding up of the 2025 Taskforce?
A: The 2025 Taskforce was established as part of the National-ACT confidence and supply agreement, and the establishment of the Productivity Commission does not alter that agreement. Accordingly, the 2025 Taskforce is still expected to deliver additional reports in October 2010 and 2011 as originally agreed.
Q: To whom will the New Zealand Productivity Commission report?
A: The Minister of Finance. Reports produced by the Productivity Commission will be required to be tabled in the House of Representatives. The Government-of-the-day will not be required to formally respond to any particular report from the Commission.
Q: As we move toward a single economic market with Australia, what steps will be taken to ensure the new agency is up to speed with developments across the Tasman?
A: In August 2009, the Australian and New Zealand Prime Ministers agreed that if New Zealand were to establish its own Productivity Commission, there would be cooperation between it and the Australian Productivity Commission. Discussions have already taken place with both the Australian Treasury and the Australian Productivity Commission on options for cooperation, and there is a commitment to ongoing cooperation around issues of mutual interest. This includes the potential for joint inquiries or studies into Single Economic Market-related issues.
Q: What are the next steps for establishing the Commission?
A: It is anticipated that legislation establishing the Commission will be passed later this year, although the exact process for getting the Commission up and running is still being decided. It is likely that a selection process for the appointment of commissioners will also start later in the year. Recruitment of Commission staff will begin at about the same time. The Commission should be ready to start its first inquiry in April or May of next year.
Plain English: March 2010
10 March 2010 0 CommentsOut and About
We are now well into 2010 and the past two months have been busy and interesting. There has been the ongoing preparation for the 20 May Budget, the three-week opening sitting of Parliament, and a number of events in the Clutha-Southland electorate.
It was a pleasure to have Prime Minister John Key in the electorate over two days recently.
Along with Invercargill MP Eric Roy, we attended a "Dinner with the Prime Minister" at the Invercargill Workingmen's Club. The following morning we headed out to the Croydon Aviation Heritage Trust's breakfast function at The Moth. The Trust is based at Mandeville.
From there it was off to the Waimumu Field Days where we were joined by Agriculture Minister David Carter and Eric Roy. The field days were highly successful and a great opportunity to catch up with "the locals" as well as businesses and franchises from around the country. The Prime Minister spoke to an assembled crowd in CRT's Village.

I attended the Tuatapere and Districts Schools 100th Jubilee Celebrations and also visited the Winton A & P Show. After so much gloomy weather early in the year, the sun shone for these events and it was a great opportunity to catch up with many people.

I also attended meetings in Lawrence, Balclutha, Owaka, Winton, Gore, and Queenstown. Question time at these meetings is a good opportunity to hear what is on people's minds, and various questions arose, including: a floating exchange rate, tax incentives, Emissions Trading Scheme and GST.
School board elections
Schools are busy planning for their local school board elections in May elections. Schools have to call for nominations by 15 March with nominations closing at noon on 23 April. Election day is 7 May with boards talking office on 14 May.
This is a very important election for our schools. Strong leaders make strong schools. Schools need people with a balance of skills and experiences to put their names forward. Anyone from the community, including parents, can be nominated.
Boards of Trustees do a great job at managing our schools and I urge you to consider whether you can put your name forward as a candidate. The NZ School Trustees website www.nzsta.org.nz will give you more information about the role of a trustee or contact one of my offices.
Cycle Trail Winners
It was great news that two proposed cycle trails in Clutha-Southland have been given the green light for feasibility studies as part of the $50 million New Zealand Cycle Trail.
The Wakatipu Trail and the Clutha Gold Trail were among 13 winners from a pool of 54 applicants nationally.
The projects will now undergo feasibility studies to ensure they are properly priced, can be built, and will deliver what they promise. If the feasibility studies are positive construction could start by the end of the year.
The selection of these trails, which showcase the best of what New Zealand has to offer, is great news for the region. They will also support regional economic development and employment. That means jobs for locals during the construction phase and more importantly longer-term jobs providing accommodation and other services to cycle tourists.
I'd like to congratulate the organisers of these projects and all of those people in the community who put time and effort into the proposals. Their hard work has been recognised.
I am, however, disappointed another proposal - the Manapouri Cycleway - has missed out, but overall the region has done well.
Once you count the Around the Mountain trail which was selected last year as one of seven Quick Start projects, Clutha-Southland has three of the 20 projects currently being appraised.
http://www.tourism.govt.nz/Our-Work/New-Zealand-Cycle-Trail-Project/
In Wellington
Budget tax package
Over the past month there has been a lot of talk about the tax package I'll unveil in the Budget. Because there has been so much noise I thought it is worth giving you an update. To recap, we are considering a package of across-the-board personal tax cuts, changes in the taxation of property investment and a small rise in GST. Any rise in GST would be matched by increases in NZ Superannuation, benefits and Working for Families.
The package is yet to be finalised, but you can catch up on my thinking on alignment of the top personal, trust and company rates in a speech I gave in Auckland last month.
http://www.beehive.govt.nz/speech/lifting+our+economic+game
Prince in town
I had the pleasure of attending the opening of the Supreme Court of New Zealand by Prince William. It was an honour to meet the Prince who was performing his first official duty for the Queen.
Click here for photos from the Prince's visit.
Voluntary Bonding Scheme for Veterinarians
I was really pleased that Agriculture Minister David Carter announced that the voluntary bonding scheme for veterinarians has been expanded and Clutha vets will now be able to receive the benefits of this scheme.
The scheme, launched last year, encourages new graduates to stay in an eligible practice by providing a taxable payment of $11,000 for every year, up to five years, that they are working in the practice.
The scheme was originally aimed at specific rural areas. Twenty vets have been accepted into the scheme, but unfortunately South Otago was not included.
However, from this year, all practices that deal with production animals like dairy and beef cattle, sheep, pigs, and poultry will be eligible, providing the vets receiving the funding spend most of their time working with these animals.
Over the past year both I and Minister Carter had had talks with Clutha vets about the scheme. The changes are the result of feedback from vets and the New Zealand Veterinary Association.
When the scheme was launched, the Agriculture Ministry acknowledged that good data on vet shortages was scarce, so a transition year was agreed while vets and their association, as well as Massey University and the Vet Council, could be consulted on the final design of the scheme.
Its main limitation appeared to be the targeting of specific regions. Many practices reported they faced similar shortages and recruitment difficulties as those in the eligible areas, but were not able to use the voluntary bonding incentives to recruit and retain staff.
http://www.beehive.govt.nz/release/government+expands+vet+incentive+scheme
Youth Parliament 2010
Young people who have a passion for the future of New Zealand and are willing to stand up and have their voice heard are encouraged to apply to attend Youth Parliament 2010.
The Youth Parliament is an opportunity for young New Zealanders to learn about New Zealand's democracy and influence public decision-making.
It has been held every three years since 1994. The next Youth Parliament is this July. Daniel Louni from Gore was my representative at the previous Youth Parliament.
During Youth Parliament, Youth MPs have the opportunity to debate legislation, sit on select committees and ask parliamentary questions of Cabinet Ministers. At the same time, their Youth Press Gallery colleagues report on their activities and make sure they are held accountable to the public.
If you are aged 16 to 18 and are interested in representing Clutha-Southland at Youth Parliament contact one of my offices for an application pack. The closing date for applications is Wednesday 17 March.
http://www.beehive.govt.nz/release/youth+parliament+selections+begin
Affordable, sustainable, and fair ACC
Legislation passed recently will ensure ACC is affordable, sustainable, and fair for current and future generations.
ACC claim costs have risen 57 per cent in the past four years - five times the rate of inflation - and the unfunded liabilities have grown from $4 billion to $13 billion.
The scale of levy increases required this year without these law changes would be crippling for workers, motorists, and businesses.
The law changes enable the levy increase this year for the average worker to be reduced from $550 to $150. The levy increase for motorists is $30 a car, down from $104. And for employers the average levy increase is 12 per cent instead of 44 per cent.
These changes are part of the Government's objective to secure the long-term future of ACC as an effective and fair 24/7 no-fault insurance scheme for all New Zealanders.
http://www.beehive.govt.nz/release/affordable+sustainable+and+fair+acc
Regards,
Hon Bill English MP
Gore Office
15 Main St. PO Box 266, Gore 9740
Phone +64 3 203 3000
gore.eo@parliament.govt.nz
Balclutha Office
68 Clyde St. PO Box 2192, Balclutha 9240
Phone +64 3 418 4288
balclutha.eo@parliament.govt.nz
Queenstown Office
1085 Frankton Rd. PO Box 103, Queenstown 9349
Phone +64 3 441 4093
queenstown.eo@parliament.govt.nz


