Merry Christmas from Labour

Labour’s legacy hits workers:

The average worker will have to pay a 21 per cent increase in their ACC bill next year, rising from $658 a year to $799, ACC Minister Nick Smith said today. …

A person on the average wage of $47,000 per year currently pays $658 a year or $12.61 a week to ACC for the levy funding the earners account.

The Labour Department, which monitors ACC, had recommended an increase to $940 a year or $18.02 a week due to increased costs, more claims and lower earnings.

Sadly the levy will inevitably have to rise to $940 a year, so that will be $250 more out of the average worker’s pay once it does.