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Asked by
Priyanca Radhakrishnan
List MP · Labour Party
Question
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What independent validation, if any, exists for cc-based levy differentials within motorcycle levies?
Answered by
Hon Scott Simpson
Member for Coromandel · National Party · Minister for ACC
Answer
I am advised that as part of the 2024 levy consultation process, MBIE procured an external review of the levies. Independent actuarial advisors Finity were contracted to conduct a quality assurance review that included advising on the appropriateness and reasonableness of ACC’s proposed levy rates for 2025-28. The proposed levies were found to be appropriate and within a reasonable actuarial range. The Finity review was publicly released and is available on MBIE’s website: https://www.mbie.govt.nz/dmsdocument/30933-oia-request-for-a-copy-of-actuarial-quality-assurance-report-relating-to-the-rehabilitation-performance-of-acc