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Govt signals around $1b of ACC levy reductions

Continuing improvements in ACC provide an opportunity for significant levy reductions to benefit businesses and households, ACC Minister Judith Collins says.

“The Government is confident that a decrease in ACC levies is sustainable and is allowing for a reduction of around $300 million for 2014/15, increasing to a reduction of around $1 billion in 2015/16,” Ms Collins says.

This follows a $630 million reduction in levies for households and businesses in 2012/13.

  • Judith Collins
  • ACC
  • Budget 2013