ACC levies cut for workers and businesses

National has announced ACC levy reductions of more than half a billion dollars a year for workers and businesses.

This is because of the huge improvements in ACC's finances from deficits of $7.2 billion under Labour to surpluses $6 billion under National.

The levy reductions will save households $340 million a year, and save businesses $247 million. For someone on the average wage that's a saving of $170 a year. This is money that will go back into the pockets of hard working New Zealanders, helping our economic recovery.

This is another example of National delivering better value for taxpayers and improving public service performance.

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