Three ACC levy reductions
Judth Collins has announced three reductions in the levies we pay to ACC. They are:
- Petrol levy drops 3 cents a litre
- Employer levy drops 5 cents per $100 of earnings
- Motor Vehicle registration fees drop an average of $136 (including impact of petrol levy drop)
The good news about these drops are that they are sustainable, with their respective accounts being at least 90% fully funded.