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Setting the average ACC levy rates for 2025/26, 2026/27, and 2027/28

ACC levies are set every 3 years. In any given year, levies are intended to be equivalent to the lifetime cost of rehabilitating those who are injured in that year. This excludes the cost of claims made by non-earners (which are government funded) and investment returns.

ACC

Modern slavery and worker exploitation

Work on modern slavery supply chain legislation in New Zealand is on hold while the Government focuses on its current Workplace Relations and Safety priorities. Decisions on whether to progress modern slavery supply chain legislation will be made in due course.

Licensing system for refrigeration, heating and air conditioning technicians

In 2019, the previous Government decided to introduce a licensing system for work on commercial or industrial refrigeration, heat pump and air conditioning systems that use hazardous natural refrigerants.

Employment and skills

The effective use of knowledge, skills and capital in business is a major driver of innovation and growth. This increases wages, lifts business competitiveness and profitability, and leads to better social and economic outcomes. The interaction of skilled people and innovative businesses provides the greatest scope for economic growth between now and 2025.